Convert Bosnia-Herzegovina Convertible Mark to Algerian Dinar
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Algerian Dinar [DZD], or Convert Algerian Dinar to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Algerian Dinar
1 BAM = 0.0128237573739874 DZD
Example: convert 15 BAM to DZD:
15 BAM = 15 × 0.0128237573739874 DZD = 0.192356360609811 DZD
Bosnia-Herzegovina Convertible Mark to Algerian Dinar Conversion Table
| Bosnia-Herzegovina Convertible Mark | Algerian Dinar |
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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.
Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.