Convert Bosnia-Herzegovina Convertible Mark to Salvadoran Colón
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Salvadoran Colón [SVC], or Convert Salvadoran Colón to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Salvadoran Colón
1 BAM = 0.190757784756427 SVC
Example: convert 15 BAM to SVC:
15 BAM = 15 × 0.190757784756427 SVC = 2.8613667713464 SVC
Bosnia-Herzegovina Convertible Mark to Salvadoran Colón Conversion Table
| Bosnia-Herzegovina Convertible Mark | Salvadoran Colón |
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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.
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.