The residual KM 200 banknote and all of the coins are identical for both polities. The convertible mark ( Bosnian / Croatian / Serbian: konvertibilna marka, Bosnian/Serbian: конвертибилна марка; sign: KM; code: BAM) is the currency of Bosnia and Herzegovina. It is divided into 100 Pfenigs or Fenings (Bosnian/Croatian/Serbian ...
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.
- 1/100 = fening
- Bosnian Convertible Mark
- What Is The Bosnia-Herzegovina Convertible Mark (BAM)?
- Understanding The Bam
- Real World Example of The Bam
The Bosnia-Herzegovina Convertible Mark (BAM) is the national currencyof Bosnia and Herzegovina. It is comprised of 100 subunits called fenings and was first introduced in 1995.
The Central Bank of Bosnia and Herzegovina, established in 1997, issues and circulates the Bosnia-Herzegovina convertible mark (BAM).1 The creation of the central bank, as well as the convertible mark, came as part of the Dayton Agreement. This diplomatic agreement marked the end of the Bosnian War, forming the basic governing structure of modern ...
Bosnia and Herzegovina, located on the coast of the Adriatic Sea, was a portion of Yugoslavia until 1992 when it achieved its independence. The area is home to three main ethnic groups: the Bosniaks, the Serbs, and the Croats. This mixture has led not only to a vibrant cultural existence but also to years of bitter conflict. Currently, the country ...
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Theworldnote > Europe > BAM >. The Bosnia and Herzegovina convertible mark (Bosnian/Serbian/Croatian: konvertibilna marka, Cyrillic: конвертибилна марка); sign: KM; code: BAM) is the currency of Bosnia and Herzegovina. It is divided into 100 pfenigs or fenings (Bosnian, Croatian, Serbian: pfenig/fening; Cyrillic: пфениг ...
The Bosnian Mark (BAM) is the currency used in the country of Bosnia. The Mark is subdivided into 100 fenings and was pegged to the German Mark prior to the introduction of the Euro. Bosnia uses the same fixed rate as the German Mark — 1.935583 BAM = 1 Euro. The Bosnian Mark is also known as the Bosnia and Herzegovina Convertible Mark.In 1991 Bosnia declared sovereignty and broke away from Yugoslavia.Bosnia’s main industries are zinc, coal, iron, aircraft, vehicles, textiles, tobacco, oil refining, domestic appliances, ore, manganese, steal, and lead.The country’s export products are wood, clothing, and metals. Imported products are chemicals, food, equipment, and machinery.Bosnia has a high unemployment rate of 43%.From 1992 to 1998 the Bosnian Dinar (BAD) was used as Bosnia’s official currency. The Dinar consisted only of banknotes and was not subdivided.The Dinar was replaced by the Bosnian Mark (BAM) in 1995, because of the Dayton agreement.Coins were introduced in 1998.All banknotes except the 200-mark note are issued by the Central Bank of Bosnia & Herzgoniva.
Jun 18, 2022 · BAM is the currency code for Bosnia-Herzegovina Convertible Mark, which is the official currency of Bosnia and Herzegovina. The symbol for Bosnia-Herzegovina Convertible Mark is KM. Bosnia-Herzegovina Convertible Mark exchange rates Updated at 11:00 on Saturday, 18 June, 2022 UTC. USD 1.863 US Dollar 1 BAM = 0.5368 USD EUR 1.955 Euro