Convert Bosnia-Herzegovina Convertible Mark to Bolivian Boliviano
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Bolivian Boliviano [BOB], or Convert Bolivian Boliviano to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Bolivian Boliviano
1 BAM = 0.241245079879602 BOB
Example: convert 15 BAM to BOB:
15 BAM = 15 × 0.241245079879602 BOB = 3.61867619819403 BOB
Bosnia-Herzegovina Convertible Mark to Bolivian Boliviano Conversion Table
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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.
Bolivian Boliviano
The Bolivian Boliviano (BOB) is the official currency of Bolivia, used for all monetary transactions within the country.
History/Origin
Introduced in 1987 to replace the Bolivian peso, the Boliviano has undergone various redenominations and reforms to stabilize Bolivia's economy and control inflation.
Current Use
The Boliviano remains the primary currency in Bolivia, widely used in everyday transactions, banking, and commerce across the country.