Central Bank of BiH puts 105 million convertible mark coins into circulation

Patria
AutorPatria
12:10
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Central Bank of BiH puts 105 million convertible mark coins into circulation

SARAJEVO, (Patria) - The Central Bank of BiH has produced 105 million KM coins of the 2021 issue, which will be gradually put into circulation starting today through the main units and branches of this bank.

Twenty million 1 KM coins, 15 million 50 fening coins, 20 million 20 fening coins, 30 million 10 fening coins, and 20 million 5 fening coins were produced, the Central Bank of BiH announced.

The production of these coins cost around 2.45 million KM.

Regarding paper money, they stated that no new banknotes are currently planned for printing after the 2019 issue for denominations of 10, 20, 50, and 100 KM.

After the production is completed, the plan for the next period is to release a new year of issue for 200 KM banknotes.

In the first quarter of this year, 1.8 million KM banknotes and about 5,900 coins unsuitable for circulation were destroyed.

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