2026-01-01

Decision on the Basic Features and Design of Convertible Mark Banknotes of Denominations 10, 20, 50, 100 and 200

The Governing Board of the Central Bank of Bosnia and Herzegovina has issued a Decision establishing the basic features and design of convertible mark (KM) banknotes in denominations of 10, 20, 50, 100, and 200 KM. The regulation mandates that 10, 20, 50, and 100 KM notes be printed in two distinct versions for the Federation of Bosnia and Herzegovina and Republika Srpska, while the 200 KM note features a single unified design. All specified notes are declared legal tender throughout Bosnia and Herzegovina, with existing notes remaining valid and new designs incorporating specific security features, portraits of notable writers, and tactile indicators for the visually impaired.

Central Bank of Bosnia and Herzegovina logo

Bosnia and Herzegovina

Central Bank of Bosnia and Herzegovina

Click to view thumbnail

Decision on the Basic Features and Design of Convertible Mark Banknotes of Denominations 10, 20, 50, 100 and 200

Based on Article 2, paragraph 3, item h), Article 7, item e), Article 39, and Article 42, paragraph 1 of the Law on the Central Bank of Bosnia and Herzegovina ("Official Gazette of BiH", nos. 1/97, 29/02, 8/03, 13/03, 14/03, 9/05, 76/06 and 32/07), with the approval of the Presidency of Bosnia and Herzegovina given by Conclusion no. 01-50-1-779-2/26 dated 19.03.2026, the Governing Board of the Central Bank of Bosnia and Herzegovina, at its 4th session held on 27.04.2026, adopts

DECISION

on the basic features and design of convertible mark banknotes denominations 10, 20, 50, 100 and 200 convertible marks

PART ONE – GENERAL PROVISIONS

Article 1. (Subject of the Decision) This Decision establishes the basic features and design of convertible mark banknotes (hereinafter: KM), in denominations of 10 KM, 20 KM, 50 KM, 100 KM and 200 KM, as legal tender in Bosnia and Herzegovina.

Article 2. (Versions of KM Banknotes) (1) KM banknotes in denominations of 10 KM, 20 KM, 50 KM and 100 KM are printed in two versions – the version of the Federation of Bosnia and Herzegovina and the version of Republika Srpska, which have certain common as well as certain separate design elements established by the Federation of Bosnia and Herzegovina, respectively, Republika Srpska, which characterize the respective versions of KM banknotes. (2) KM banknotes in the denomination of 200 KM are printed in one design version.

Article 3. (Features of KM Banknotes) All KM banknotes from Article 2 have appropriate security features, paper quality and manufacturing, in accordance with the standards established by the Central Bank of Bosnia and Herzegovina.

Article 4. (Legal Tender) All KM banknotes from this Decision are in accordance with the Law on the Central Bank of Bosnia and Herzegovina, equal in status, and all public and private institutions and establishments, legal and natural persons are obliged to accept them at their nominal value as legal tender when offered in cash transactions, or in settlement and payment of any obligations towards them, throughout the territory of Bosnia and Herzegovina.

PART TWO – COMMON DESIGN ELEMENTS AND FEATURES OF KM BANKNOTES

Article 5. (Design Elements of KM Banknotes) (1) The basic design elements of KM banknotes from Article 1 of this Decision are:

  • size and color of KM banknotes;
  • on the face of KM banknotes, to the right of the central part of the banknote, portraits of writers with corresponding text are located;
  • on the back of KM banknotes, in the central part of the banknote, different motifs are depicted;
  • the text “CENTRALNA BANKA BOSNE I HERCEGOVINE” (Central Bank of Bosnia and Herzegovina) printed horizontally:
    • on the face of the banknote in the upper central part of the banknote, and
    • on the back of the banknote in the upper central part of the banknote;
  • the text “KONVERTIBILNIH MARAKA” (Convertible Marks) printed vertically on the face of the banknote in the lower right part of the banknote;
  • the textual designation of the nominal value of the KM banknote printed vertically on the back of the banknote along the left edge of the banknote;
  • the numerical designation of the nominal value of the KM banknote of denomination 10, 20, 50, 100 or 200 which is positioned as follows:
    • on the face of the banknote horizontally in the upper left and in the lower right corner of the banknote,
    • on the back of the banknote horizontally in the upper left and in the lower right corner of the banknote, and
    • on the face of the banknote vertically to the left of the central part of the banknote, printed in a lighter tone;
  • numismatic pattern on the face and back different for each denomination which is located in the background of all KM banknotes.

(2) On the version of KM banknotes of the Federation of Bosnia and Herzegovina from Article 2, paragraph (1) of this Decision, the text from paragraph (1) item b) of this Article is printed in Latin script, while the texts from paragraph (1) items d), e) and f) of this Article are first printed in Latin, and then below in Cyrillic script.

(3) On the version of KM banknotes of Republika Srpska from Article 2, paragraph (1) of this Decision, the text from paragraph (1) item b) of this Article is printed in Cyrillic script, while the texts from paragraph (1) items d), e) and f) of this Article are first printed in Cyrillic, and then below in Latin script.

(4) On the KM banknote in the denomination of 200 KM from Article 2, paragraph (2) of this Decision, the texts from paragraph (1) items b), d), e) and f) of this Article are printed in Latin and Cyrillic script in an alternating order.

(5) All KM banknotes have the same arrangement of design elements listed in paragraph (1) items b) to h) of this Article.

Article 6. (Other Features of KM Banknotes) In addition to the design elements from Article 5 of this Decision, each KM banknote also contains the following features which are not design elements of KM banknotes:

  • the serial number of the KM banknote is printed on the back of the banknote in the upper right and lower left corner;
  • the text “GUVERNER / ГУВЕРНЕР” (Governor) in the appropriate gender in the case of the version of the Federation of Bosnia and Herzegovina and the denomination of 200 KM, respectively, the text “ГУВЕРНЕР / GUVERNER” (Governor) in the appropriate gender in the case of the version of Republika Srpska, is printed on the face of the banknote in the lower left corner of the banknote;
  • facsimile signature of the Governor, is printed above the text from item b) of this Article;
  • year of issue of KM banknotes consisting of four digits, is printed below the text from item b) of this Article;
  • markings for blind and visually impaired persons are arranged along the left and right edges of the face of the banknote, namely in two places along the left edge and in two places along the right edge, whereby the marking for the denomination of 10 KM consists of one diagonal line, the denomination of 20 KM of two diagonal lines, the denomination of 50 KM of three diagonal lines, the denomination of 100 KM of four diagonal lines, and for the denomination of 200 KM of five diagonal lines.

PART THREE – SEPARATE DESIGN ELEMENTS OF KM BANKNOTES

CHAPTER I. BANKNOTE OF DENOMINATION 10 KM

Article 7. (Size and Color of the 10 KM Banknote) (1) The 10 KM banknote is of dimensions 130 mm x 65 mm. (2) On the face and back of the 10 KM banknote, various shades of orange and blue colors predominate.

Article 8. (Face of the 10 KM Banknote) On the face of the 10 KM banknote:

  • in the version from Article 5, paragraph (2) of this Decision, there is a portrait of Mehmedalija Maka Dizdar with his first and last name and year of birth and death, noted at the bottom of the portrait on the left side;
  • in the version from Article 5, paragraph (3) of this Decision, there is a portrait of Alekša Šantić with his first and last name and year of birth and death noted at the bottom of the portrait on the left side.

Article 9. (Back of the 10 KM Banknote) On the back of the 10 KM banknote:

  • in the version from Article 5, paragraph (2) of this Decision, there is a motif of a stećak (medieval tombstone) below which, on the right side, the text “STEĆAK KRIŽEVIĆI” is printed in Latin script,
  • in the version from Article 5, paragraph (3) of this Decision, there is a motif of a loaf of bread.

CHAPTER II. BANKNOTE OF DENOMINATION 20 KM

Article 10. (Size and Color of the 20 KM Banknote) (1) The 20 KM banknote is of dimensions 138 mm x 68 mm. (2) On the face and back of the 20 KM banknote, various shades of gray-brown and green colors predominate.

Article 11. (Face of the 20 KM Banknote) On the face of the 20 KM banknote:

  • in the version from Article 5, paragraph (2) of this Decision, there is a portrait of Antun Branko Šimić with his first and last name and year of birth and death noted at the bottom of the portrait on the left side;
  • in the version from Article 5, paragraph (3) of this Decision, there is a portrait of Filip Višnjić with his first and last name and year of birth and death noted at the bottom of the portrait on the left side.

Article 12. (Back of the 20 KM Banknote) On the back of the 20 KM banknote:

  • in the version from Article 5, paragraph (2) of this Decision, there is a motif of a stećak (medieval tombstone) below which, on the left side, the text “STEĆAK RADIMLJA” is printed in Latin script,
  • in the version from Article 5, paragraph (3) of this Decision, there is a motif of a gusle (single-stringed musical instrument).

CHAPTER III. BANKNOTE OF DENOMINATION 50 KM

Article 13. (Size and Color of the 50 KM Banknote) (1) The 50 KM banknote is of dimensions 146 mm x 71 mm. (2) On the face and back of the 50 KM banknote, various shades of orange and blue colors predominate.

Article 14. (Face of the 50 KM Banknote) On the face of the 50 KM banknote:

  • in the version from Article 5, paragraph (2) of this Decision, there is a portrait of Muza Ćazim Ćatić with his first and last name and year of birth and death noted at the bottom of the portrait on the left side;
  • in the version from Article 5, paragraph (3) of this Decision, there is a portrait of Jovan Dučić with his first and last name and year of birth and death noted at the bottom of the portrait on the left side.

Article 15. (Back of the 50 KM Banknote) On the back of the 50 KM banknote:

  • in the version from Article 5, paragraph (2) of this Decision, there is a motif of a stećak (medieval tombstone) below which, on the right side, the text “STEĆAK ZGOŠĆA” is printed in Latin script,
  • in the version from Article 5, paragraph (3) of this Decision, there is a motif of a book, glasses and a pencil.

CHAPTER IV. BANKNOTE OF DENOMINATION 100 KM

Article 16. (Size and Color of the 100 KM Banknote) (1) The 100 KM banknote is of dimensions 154 mm x 74 mm. (2) On the face and back of the 100 KM banknote, various shades of brown and purple colors predominate.

Article 17. (Face of the 100 KM Banknote) On the face of the 100 KM banknote:

  • in the version from Article 5, paragraph (2) of this Decision, there is a portrait of Nikola Šop with his first and last name and year of birth and death noted at the bottom of the portrait on the left side;
  • in the version from Article 5, paragraph (3) of this Decision, there is a portrait of Petar Kočić with his first and last name and year of birth and death noted at the bottom of the portrait on the left side.

Article 18. (Back of the 100 KM Banknote) On the back of the 100 KM banknote:

  • in the version from Article 5, paragraph (2) of this Decision, there is a motif of a stećak (medieval tombstone) below which, on the right side, the text “STEĆAK ZGOŠĆA” is printed in Latin script,
  • in the version from Article 5, paragraph (3) of this Decision, there is a motif of a book, glasses and a pencil.

CHAPTER V. BANKNOTE OF DENOMINATION 200 KM

Article 19. (Size and Color of the 200 KM Banknote) (1) The 200 KM banknote is of dimensions 156 mm x 76 mm. (2) On the face and back of the 200 KM banknote, various shades of blue and yellow colors predominate.

Article 20. (Face of the 200 KM Banknote) On the face of the 200 KM banknote, there is a portrait of Ivo Andrić with his first and last name printed in the manner established by Article 5, paragraph (4) of this Decision and year of birth and death noted at the bottom of the portrait on the left side;

Article 21. (Back of the 200 KM Banknote) On the back of the 200 KM banknote, there is a motif of the Bridge on the Drina below which, on the right side, the text “MOST NA DRINI” (Bridge on the Drina) is printed in the manner established by Article 5, paragraph (4) of this Decision.

PART THREE – TRANSITIONAL AND FINAL PROVISIONS

Article 22. (Validity of Previously Issued KM Banknotes) KM banknotes in circulation whose basic features and design were established by the Decision on the Basic Features and Design of Convertible Mark Banknotes of Denominations 10, 20, 50 and 100 Convertible Marks ("Official Gazette of BiH", no. 22/11) and the Decision on the Issuance, Basic Features and Putting into Circulation of the Convertible Mark Banknote in the Denomination of 200 KM ("Official Gazette of BiH", no. 11/02) remain legal tender.

Article 23. (Transitional Provisions) In accordance with this Decision, the Central Bank of Bosnia and Herzegovina will adopt separate decisions on the printing and putting into circulation of KM banknotes whose basic features and design are established by this Decision.

Article 24. (Termination of Validity of Provisions) With the entry into force of this Decision, item 22 of the Decision on the Basic Features and Design of Convertible Mark Banknotes of Denominations 10, 20, 50 and 100 Convertible Marks ("Official Gazette of BiH", no. 22/11) ceases to be valid.

Article 25. (Entry into Force) (1) This Decision enters into force on the eighth day from the date of publication in the "Official Gazette of BiH". (2) This Decision will also be published in the "Official Gazette of the Federation of Bosnia and Herzegovina", "Official Gazette of Republika Srpska" and "Official Gazette of the Brčko District of Bosnia and Herzegovina".

Chairperson of the Governing Board of the Central Bank of Bosnia and Herzegovina

No.: UV-122-02-1-735-4/26

Sarajevo, 27.04.2026.

GOVERNOR Dr. Jasmina Selimović