Convert Bulgarian Lev to Bosnia-Herzegovina Convertible Mark
Please provide values below to convert Bulgarian Lev [BGN] to Bosnia-Herzegovina Convertible Mark [BAM], or Convert Bosnia-Herzegovina Convertible Mark to Bulgarian Lev.
How to Convert Bulgarian Lev to Bosnia-Herzegovina Convertible Mark
1 BGN = 1.00029992202027 BAM
Example: convert 15 BGN to BAM:
15 BGN = 15 × 1.00029992202027 BAM = 15.0044988303041 BAM
Bulgarian Lev to Bosnia-Herzegovina Convertible Mark Conversion Table
| Bulgarian Lev | Bosnia-Herzegovina Convertible Mark |
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Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.
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.