Convert Bosnia-Herzegovina Convertible Mark to Bahamian Dollar
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Bahamian Dollar
1 BAM = 1.6671 BSD
Example: convert 15 BAM to BSD:
15 BAM = 15 × 1.6671 BSD = 25.0065 BSD
Bosnia-Herzegovina Convertible Mark to Bahamian Dollar Conversion Table
| Bosnia-Herzegovina Convertible Mark | Bahamian Dollar |
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Bosnia-Herzegovina Convertible Mark
The Bosnia-Herzegovina Convertible Mark (BAM) is the official currency of Bosnia and Herzegovina, used for everyday transactions and financial exchanges within the country.
History/Origin
Introduced in 1998, the BAM replaced the Bosnia and Herzegovina dinar following the country's monetary reform and stabilization efforts after the Bosnian War. It is pegged to the Euro at a fixed rate, ensuring stability.
Current Use
The BAM is widely used throughout Bosnia and Herzegovina for all forms of payment, including cash, banking, and electronic transactions. It remains the country's official currency and is managed by the Central Bank of Bosnia and Herzegovina.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.