Convert Bosnia-Herzegovina Convertible Mark to São Tomé and Príncipe Dobra (pre-2018)
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to São Tomé and Príncipe Dobra (pre-2018) [STD], or Convert São Tomé and Príncipe Dobra (pre-2018) to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to São Tomé And Príncipe Dobra (Pre-2018)
1 BAM = 7.4818910500947e-05 STD
Example: convert 15 BAM to STD:
15 BAM = 15 × 7.4818910500947e-05 STD = 0.0011222836575142 STD
Bosnia-Herzegovina Convertible Mark to São Tomé And Príncipe Dobra (Pre-2018) Conversion Table
Bosnia-Herzegovina Convertible Mark | São Tomé and Príncipe Dobra (pre-2018) |
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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.
São Tomé And Príncipe Dobra (Pre-2018)
The São Tomé and Príncipe Dobra (STD) was the official currency of São Tomé and Príncipe before 2018, used for everyday transactions within the country.
History/Origin
The Dobra was introduced in 1977, replacing the Portuguese escudo after independence. It was subdivided into 100 cêntimos. The currency underwent various inflationary pressures and was replaced in 2018 by the new Dobra (STN) at a rate of 1 new Dobra = 1000 old Dobras.
Current Use
The STD is no longer in use since 2018; the country now uses the new São Tomé and Príncipe Dobra (STN). The old STD notes are considered obsolete and are primarily of historical interest.