Bosnia And Herzegovina Dinar
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Bosnia And Herzegovina Dinar
The Bosnia and Herzegovina dinar was the independent currency of Republic of Bosnia and Herzegovina between 1992 and 1998. History Bosnia and Herzegovina declared independence from Yugoslavia in March 1992. The first Bosnian dinar was issued in July 1992, replacing the 1990 version of the Yugoslav dinar at the rate of 1 Bosnia dinar = 10 Yugoslav "1990 dinara". Consequently, the Bosnian dinar was at par with the 1992 version of the Yugoslav dinar when it was introduced. The first issues were overstamps on Yugoslav banknotes. After suffering from high inflation, a second dinar was introduced in 1994, replacing the first at a rate of 1 "new" dinar = 10,000 "old" dinara. Both these dinars were restricted in their circulation to the areas under Bosniak control. The Croat areas used the Croatian dinar and kuna, whilst the Serb areas used the Republika Srpska dinar. Along with the Croatian dinar and Yugoslav dinar, the Bosnia and Herzegovina dinar was unstable. The convertible mark r ...
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Yugoslav Dinar
The dinar (Cyrillic script: динар) was the currency of the three Yugoslav states: the Kingdom of Yugoslavia (formerly the Kingdom of Serbs, Croats and Slovenes), the Socialist Federal Republic of Yugoslavia, and the Federal Republic of Yugoslavia between 1918 and 2003. The dinar was subdivided into 100 ''para'' (Cyrillic script: пара). In the early 1990s, economic mismanagement made the government bankrupt and forced it to take money from the savings of the country's citizens. This caused severe and prolonged Hyperinflation in the Federal Republic of Yugoslavia, hyperinflation, which has been described as the worst in history. Large amounts of money were printed, with coins becoming redundant and inflation rates reaching over one billion per cent per year. This hyperinflation caused five revaluations between 1990 and 1994; in total there were eight distinct dinari. Six of the eight have been given distinguishing names and separate ISO 4217 codes. The highest denominati ...
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Bosnia And Herzegovina Convertible Mark
The convertible mark (Bosnian language, Bosanski: , Currency symbol, sign: KM; ISO 4217, code: BAM) is the currency of Bosnia and Herzegovina. It is divided into 100 or (/) and locally abbreviated ''KM''. While the currency and its subunits are uniform for both constituent polities of Bosnia and Herzegovina, namely the Federation of Bosnia and Herzegovina (FBiH) and Republika Srpska (RS), the designs of the KM 10, KM 20, KM 50, and KM 100 banknotes are differentiated for each polity. History The Convertibility, convertible mark was established by the 1995 Dayton Agreement. It replaced the Bosnia and Herzegovina dinar, Croatian kuna and Yugoslav dinar#1994–2003; Novi dinar (YUM), Yugoslav novi dinar as the single currency of Bosnia and Herzegovina in 1998. ''Mark'' refers to the Deutsche Mark, the currency to which it was Fixed currency, pegged at par. Etymology The names derive from German language, German. The three official languages of Bosnia and ...
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Bosnia And Herzegovina
Bosnia and Herzegovina ( sh, / , ), abbreviated BiH () or B&H, sometimes called Bosnia–Herzegovina and often known informally as Bosnia, is a country at the crossroads of south and southeast Europe, located in the Balkans. Bosnia and Herzegovina borders Serbia to the east, Montenegro to the southeast, and Croatia to the north and southwest. In the south it has a narrow coast on the Adriatic Sea within the Mediterranean, which is about long and surrounds the town of Neum. Bosnia, which is the inland region of the country, has a moderate continental climate with hot summers and cold, snowy winters. In the central and eastern regions of the country, the geography is mountainous, in the northwest it is moderately hilly, and in the northeast it is predominantly flat. Herzegovina, which is the smaller, southern region of the country, has a Mediterranean climate and is mostly mountainous. Sarajevo is the capital and the largest city of the country followed by Banja Luka, Tu ...
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Deutsche Mark
The Deutsche Mark (; English: ''German mark''), abbreviated "DM" or "D-Mark" (), was the official currency of West Germany from 1948 until 1990 and later the unified Germany from 1990 until the adoption of the euro in 2002. In English, it was typically called the "Deutschmark" (). One Deutsche Mark was divided into 100 pfennigs. It was first issued under Allied occupation in 1948 to replace the Reichsmark and served as the Federal Republic of Germany's official currency from its founding the following year. On 31 December 1998, the Council of the European Union fixed the irrevocable exchange rate, effective 1 January 1999, for German mark to euros as DM 1.95583 = €1. In 1999, the Deutsche Mark was replaced by the euro; its coins and banknotes remained in circulation, defined in terms of euros, until the introduction of euro notes and coins on 1 January 2002. The Deutsche Mark ceased to be legal tender immediately upon the introduction of the euro—in contrast to the o ...
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Central Bank Of Bosnia Herzegovina
The Central Bank of Bosnia and Herzegovina ( Bosnian, Croatian and Serbian: ''Centralna banka Bosne i Hercegovine'' / Централна банка Босне и Херцеговине) is the central bank of Bosnia and Herzegovina, located in the capital city, Sarajevo. The Central Bank of Bosnia and Herzegovina was established in accordance with the Law adopted at the Parliamentary Assembly of Bosnia and Herzegovina on June 20, 1997. It started its operation on August 11, 1997. The Central Bank of Bosnia and Herzegovina maintains monetary stability by issuing domestic currency according to the currency board arrangement with full coverage in freely convertible foreign exchange funds under the fixed exchange rate (1 BAM: 0.51129 EUR). The Central Bank of Bosnia and Herzegovina defines and controls the implementation of monetary policy of Bosnia and Herzegovina. The Central Bank of Bosnia and Herzegovina supports and maintains appropriate payment and settlement systems. It also ...
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Republic Of Bosnia And Herzegovina
The Republic of Bosnia and Herzegovina ( sh-Latn-Cyrl, separator=" / ", Republika Bosna i Hercegovina, Република Босна и Херцеговина) was a state in Southeastern Europe, existing from 1992 to 1995. It is the direct legal predecessor to the modern-day state of Bosnia and Herzegovina. Bosnia and Herzegovina seceded from the disintegrating Socialist Federal Republic of Yugoslavia on 3 March 1992. This led almost immediately to the breakout of the Bosnian War which went on over the entire existence of the republic. Leaders from two of the three main ethnicities of Bosnia and Herzegovina, namely Serbs and Croats, established separate entities of the Republika Srpska and the Croatian Republic of Herzeg-Bosnia, respectively, which were unrecognized by the Bosnian state and international governments. Informally these events were considered as evidence that the Republic of Bosnia and Herzegovina represented primarily its Bosniak ( mainly Muslim) population, tho ...
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Yugoslavia
Yugoslavia (; sh-Latn-Cyrl, separator=" / ", Jugoslavija, Југославија ; sl, Jugoslavija ; mk, Југославија ;; rup, Iugoslavia; hu, Jugoszlávia; rue, label=Pannonian Rusyn, Югославия, translit=Juhoslavija; sk, Juhoslávia; ro, Iugoslavia; cs, Jugoslávie; it, Iugoslavia; tr, Yugoslavya; bg, Югославия, Yugoslaviya ) was a country in Southeast Europe and Central Europe for most of the 20th century. It came into existence after World War I in 1918 under the name of the ''Kingdom of Serbs, Croats and Slovenes'' by the merger of the provisional State of Slovenes, Croats and Serbs (which was formed from territories of the former Austria-Hungary) with the Kingdom of Serbia, and constituted the first union of the South Slavic people as a sovereign state, following centuries in which the region had been part of the Ottoman Empire and Austria-Hungary. Peter I of Serbia was its first sovereign. The kingdom gained international recog ...
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Croatian Dinar
The dinar was the currency of Croatia between 23 December 1991 and 30 May 1994. The ISO 4217 code was . History The Croatian dinar replaced the 1990 version of the Yugoslav dinar at par. It was a transitional currency introduced following Croatia's declaration of independence. During its existence, the dinar declined in value by a factor of about 70. The dinar was replaced by the kuna at a rate of 1 kuna = 1000 dinara. The currency was not used in the occupied territories comprising the Republic of Serbian Krajina. Banknotes The obverse of all banknotes was the same, with a picture of Croatian Dubrovnik scientist Ruđer Bošković. Notes up to 1000 dinara had the Zagreb cathedral on reverse. The higher denominations featured the Ivan Meštrović sculpture ''History of the Croats'' on the reverse. See also * Dinar *Yugoslav dinar *Krajina dinar *Croatian kuna The kuna is the currency of Croatia, in use since 1994 (sign: kn; code: HRK). It is subdivided into 100 lipa. The ...
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Croatian Kuna
The kuna is the currency of Croatia, in use since 1994 (sign: kn; code: HRK). It is subdivided into 100 lipa. The kuna is issued by the Croatian National Bank and the coins are minted by the Croatian Mint. The plural form of the word kuna in Croatian can be ''kuna'' or ''kune'' (e.g. ''2 kune'', ''10 kuna'') because of different number declension rules. 2022 will be the final year for the kuna as Croatia will replace it with the euro (€, EUR) on 1 January 2023. All Croatian bank accounts and credit cards will automatically be converted to euros and kuna cash may be exchanged for euros at no charge. The word ''kuna'' means " marten" in Croatian, referring to the historical use of marten pelts as units of value in medieval trading. The word ''lipa'' means " linden (lime) tree", a species that was traditionally planted around marketplaces in Croatia and other lands under Habsburg monarchy rule during the early modern period. History and etymology During Roman times, in the pr ...
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Republika Srpska Dinar
The dinar was the currency of the Republika Srpska between 1992 and 1994, during and following the Bosnian War. There were two distinct currencies issued by the National Bank of the Republika Srpska. The first was introduced in 1992 in conjunction with the Yugoslav dinar of that year, to which it was equal. The second was introduced on 1 October 1993, replacing the first at a rate of one million to one and matching the revaluation of the Yugoslav currency. Following this, the Republika Srpska used Yugoslav currency (first the "1994 dinar" and then "novi dinar") until 1998, when the convertible mark was introduced. The two currencies were only issued in note form, with the first issued in denominations of 10 dinars up to 10 billion dinars and the second in denominations of 5000 dinars up to 50 billion dinars. The designs of the banknotes varied very little within the issues of the two currencies. The "1992 dinar" notes featured the arms of the republic on both sides, whilst the "19 ...
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Euro
The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in c ...
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Dinar
The dinar () is the principal currency unit in several countries near the Mediterranean Sea, and its historical use is even more widespread. The modern dinar's historical antecedents are the gold dinar and the silver dirham, the main coin of the medieval Islamic empires, first issued in AH 77 (696–697 CE) by Caliph Abd al-Malik ibn Marwan. The word "dinar" derives from the Latin " ''dēnārius''," a silver coin of ancient Rome, which was first minted about c.211 BCE. The English word "dinar" is the transliteration of the Arabic دينار (''dīnār''), which was borrowed via the Syriac ''dīnarā'', itself from the Latin ''dēnārius''. The Kushan Empire introduced a gold coin known as the ''dīnāra'' into India in the 1st century AD; the Gupta Empire and its successors up to the 6th century adopted the coin. The modern gold dinar is a projected bullion gold coin, not issued as official currency by any state. Legal tender Countries currently usi ...
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