Search results
Initially the mark was pegged to the Deutsche Mark at par. Since the replacement of the German mark by the euro in 2002, the Bosnian convertible mark uses the same fixed exchange rate to euro that the German mark had (that is, 1 EUR = 1.95583 BAM).
4 days ago · The convertible mark is the currency of Bosnia and Herzegovina. It is divided into 100 fenings and is locally abbreviated to KM. The names derive from German Mark and Pfennig, hence the occasional local spelling of the subdivision as pfeniga. It is pegged to the Euro at a rate of 1 EUR = 1.95583 convertible marks. BAM Exchange Rates
Therefore, 1 mark always equals to 0.5113 euro. ISO 4127: BAM. Numeric: 977. Symbol: KM. List of all currencies. Overview: Bosnia and Herzegovina. 1.00 Convertible marks = 0.56 US dollars. (Date: 05/23/2024) Currency: Convert to: Amount: ↔ Reverse currencies. Exchange rate history 1 BAM in USD.
The remaining convertible mark of Bosnia and Herzegovina is a currency that officially replaced the German mark as de facto currency of the ruptured economy and hyper-inflation of local divided currencies after the Bosnian war, pegged to the German mark 1:1 at the time, and further pegged to Euro at the rate at which German mark was replaced, i ...
4.7/5, 41.5k ratings. DEM to BAM currency chart. XE’s free live currency conversion chart for German Deutsche Mark to Bosnian Convertible Mark allows you to pair exchange rate history for up to 10 years.
Jun 22, 2023 · Today, more than 106 million pieces of banknotes and 490 million pieces of convertible mark coins with a total value of KM 7.5 billion are in circulation outside the monetary authorities. This value is incomparably higher compared to the value of KM cash at the end of 1998, when it amounted to KM 162 million, and this value grew from year to ...
The Bosnian Convertible Mark is the currency of Bosnia and Herzegovina. Our currency rankings show that the most popular Bosnian Convertible Mark exchange rate is the BAM to USD rate. The currency code for Convertible Marks is BAM, and the currency symbol is KM. Below, you'll find Bosnian Convertible Mark rates and a currency converter.
