Convert Bosnia-Herzegovina Convertible Mark to Serbian Dinar
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Serbian Dinar [RSD], or Convert Serbian Dinar to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Serbian Dinar
1 BAM = 0.0166765199280962 RSD
Example: convert 15 BAM to RSD:
15 BAM = 15 × 0.0166765199280962 RSD = 0.250147798921443 RSD
Bosnia-Herzegovina Convertible Mark to Serbian Dinar Conversion Table
Bosnia-Herzegovina Convertible Mark | Serbian 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.
Serbian Dinar
The Serbian Dinar (RSD) is the official currency of Serbia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Serbian Dinar has been the official currency of Serbia since 2006, following the monetary reform that replaced the Yugoslav Dinar. It has undergone several changes and revaluations throughout its history, reflecting economic shifts and reforms.
Current Use
The Serbian Dinar is actively used as Serbia's legal tender for all financial transactions, including cash payments, banking, and electronic transfers within the country.