Convert Bosnia-Herzegovina Convertible Mark to Czech Republic Koruna
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Czech Republic Koruna [CZK], or Convert Czech Republic Koruna to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Czech Republic Koruna
1 BAM = 0.0793970567223889 CZK
Example: convert 15 BAM to CZK:
15 BAM = 15 × 0.0793970567223889 CZK = 1.19095585083583 CZK
Bosnia-Herzegovina Convertible Mark to Czech Republic Koruna Conversion Table
| Bosnia-Herzegovina Convertible Mark | Czech Republic Koruna |
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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.
Czech Republic Koruna
The Czech Republic Koruna (CZK) is the official currency of the Czech Republic, used for all monetary transactions within the country.
History/Origin
The Koruna was introduced in 1993 following the dissolution of Czechoslovakia, replacing the Czechoslovak koruna at par. It has undergone various reforms and decimalization over the years.
Current Use
The CZK is widely used in everyday transactions, banking, and international trade within the Czech Republic. It is also accepted in some neighboring regions and is actively traded on the foreign exchange market.