Convert Bosnia-Herzegovina Convertible Mark to Malawian Kwacha
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Malawian Kwacha
1 BAM = 0.000956182675112459 MWK
Example: convert 15 BAM to MWK:
15 BAM = 15 × 0.000956182675112459 MWK = 0.0143427401266869 MWK
Bosnia-Herzegovina Convertible Mark to Malawian Kwacha Conversion Table
| Bosnia-Herzegovina Convertible Mark | Malawian Kwacha |
|---|
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.
Malawian Kwacha
The Malawian Kwacha (MWK) is the official currency of Malawi, used for all monetary transactions within the country.
History/Origin
The Malawian Kwacha was introduced in 1971, replacing the Malawian Pound, as part of Malawi's monetary reform to establish a national currency.
Current Use
Today, the MWK is actively used in Malawi for everyday transactions, banking, and trade, with coins and banknotes issued by the Reserve Bank of Malawi.