Convert Hungarian Forint to Bosnia-Herzegovina Convertible Mark
Please provide values below to convert Hungarian Forint [HUF] to Bosnia-Herzegovina Convertible Mark [BAM], or Convert Bosnia-Herzegovina Convertible Mark to Hungarian Forint.
How to Convert Hungarian Forint to Bosnia-Herzegovina Convertible Mark
1 HUF = 204.067962329794 BAM
Example: convert 15 HUF to BAM:
15 HUF = 15 × 204.067962329794 BAM = 3061.01943494691 BAM
Hungarian Forint to Bosnia-Herzegovina Convertible Mark Conversion Table
| Hungarian Forint | Bosnia-Herzegovina Convertible Mark |
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Hungarian Forint
The Hungarian Forint (HUF) is the official currency of Hungary, used for all monetary transactions within the country.
History/Origin
The Forint was introduced in 1946, replacing the pengő after hyperinflation. It has undergone several reforms and decimalization since its inception.
Current Use
The Forint remains Hungary's legal tender, with banknotes and coins in circulation. It is managed by the Hungarian National Bank and used for everyday transactions and financial activities.
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.