Convert Chinese Yuan (Offshore) to Bosnia-Herzegovina Convertible Mark
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Bosnia-Herzegovina Convertible Mark [BAM], or Convert Bosnia-Herzegovina Convertible Mark to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Bosnia-Herzegovina Convertible Mark
1 CNH = 4.3017929338372 BAM
Example: convert 15 CNH to BAM:
15 CNH = 15 × 4.3017929338372 BAM = 64.526894007558 BAM
Chinese Yuan (Offshore) to Bosnia-Herzegovina Convertible Mark Conversion Table
Chinese Yuan (Offshore) | Bosnia-Herzegovina Convertible Mark |
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Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.
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.