Convert Argentine Peso to Bosnia-Herzegovina Convertible Mark
Please provide values below to convert Argentine Peso [ARS] to Bosnia-Herzegovina Convertible Mark [BAM], or Convert Bosnia-Herzegovina Convertible Mark to Argentine Peso.
How to Convert Argentine Peso to Bosnia-Herzegovina Convertible Mark
1 ARS = 759.504528822506 BAM
Example: convert 15 ARS to BAM:
15 ARS = 15 × 759.504528822506 BAM = 11392.5679323376 BAM
Argentine Peso to Bosnia-Herzegovina Convertible Mark Conversion Table
| Argentine Peso | Bosnia-Herzegovina Convertible Mark |
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Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.
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.