Convert Bermudan Dollar to Bosnia-Herzegovina Convertible Mark
Please provide values below to convert Bermudan Dollar [BMD] to Bosnia-Herzegovina Convertible Mark [BAM], or Convert Bosnia-Herzegovina Convertible Mark to Bermudan Dollar.
How to Convert Bermudan Dollar to Bosnia-Herzegovina Convertible Mark
1 BMD = 0.599844040549457 BAM
Example: convert 15 BMD to BAM:
15 BMD = 15 × 0.599844040549457 BAM = 8.99766060824186 BAM
Bermudan Dollar to Bosnia-Herzegovina Convertible Mark Conversion Table
| Bermudan Dollar | Bosnia-Herzegovina Convertible Mark |
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Bermudan Dollar
The Bermudan Dollar (BMD) is the official currency of Bermuda, used for all monetary transactions within the territory.
History/Origin
Introduced in 1970, the Bermudan Dollar replaced the Bermudian Pound at par, aligning Bermuda's currency with the US dollar for economic stability and convenience.
Current Use
The Bermudan Dollar is widely accepted in Bermuda, often pegged at par to the US dollar, and is used in everyday transactions, banking, and commerce within the territory.
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.