Convert Bosnia-Herzegovina Convertible Mark to Burundian Franc
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Burundian Franc [BIF], or Convert Burundian Franc to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Burundian Franc
1 BAM = 0.000561502851215891 BIF
Example: convert 15 BAM to BIF:
15 BAM = 15 × 0.000561502851215891 BIF = 0.00842254276823836 BIF
Bosnia-Herzegovina Convertible Mark to Burundian Franc Conversion Table
| Bosnia-Herzegovina Convertible Mark | Burundian Franc |
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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.
Burundian Franc
The Burundian Franc (BIF) is the official currency of Burundi, used for everyday transactions within the country.
History/Origin
The Burundian Franc was introduced in 1964, replacing the Belgian Congo franc, following Burundi's independence. It has undergone various redenominations and inflation adjustments over the years.
Current Use
Today, the BIF is widely used in Burundi for all monetary transactions, with coins and banknotes issued by the Central Bank of Burundi. It remains the legal tender in the country.