Convert Egyptian Pound to Bosnia-Herzegovina Convertible Mark
Please provide values below to convert Egyptian Pound [EGP] to Bosnia-Herzegovina Convertible Mark [BAM], or Convert Bosnia-Herzegovina Convertible Mark to Egyptian Pound.
How to Convert Egyptian Pound to Bosnia-Herzegovina Convertible Mark
1 EGP = 29.4365065083078 BAM
Example: convert 15 EGP to BAM:
15 EGP = 15 × 29.4365065083078 BAM = 441.547597624618 BAM
Egyptian Pound to Bosnia-Herzegovina Convertible Mark Conversion Table
Egyptian Pound | Bosnia-Herzegovina Convertible Mark |
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Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, and trade.
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.