Convert Bosnia-Herzegovina Convertible Mark to Uruguayan Peso
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Uruguayan Peso [UYU], or Convert Uruguayan Peso to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Uruguayan Peso
1 BAM = 0.0413673483060752 UYU
Example: convert 15 BAM to UYU:
15 BAM = 15 × 0.0413673483060752 UYU = 0.620510224591128 UYU
Bosnia-Herzegovina Convertible Mark to Uruguayan Peso Conversion Table
| Bosnia-Herzegovina Convertible Mark | Uruguayan Peso |
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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.
Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.