Convert Bosnia-Herzegovina Convertible Mark to South Korean Won
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to South Korean Won [KRW], or Convert South Korean Won to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to South Korean Won
1 BAM = 0.00120579685154732 KRW
Example: convert 15 BAM to KRW:
15 BAM = 15 × 0.00120579685154732 KRW = 0.0180869527732098 KRW
Bosnia-Herzegovina Convertible Mark to South Korean Won Conversion Table
| Bosnia-Herzegovina Convertible Mark | South Korean Won |
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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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.