Convert Bosnia-Herzegovina Convertible Mark to Tongan Paanga
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Tongan Paanga [TOP], or Convert Tongan Paanga to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Tongan Paanga
1 BAM = 0.699169602415702 TOP
Example: convert 15 BAM to TOP:
15 BAM = 15 × 0.699169602415702 TOP = 10.4875440362355 TOP
Bosnia-Herzegovina Convertible Mark to Tongan Paanga Conversion Table
Bosnia-Herzegovina Convertible Mark | Tongan Paanga |
---|
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.
Tongan Paanga
The Tongan Paʻanga (TOP) is the official currency of Tonga, used as the primary monetary unit for transactions within the country.
History/Origin
The Paʻanga was introduced in 1967, replacing the Tongan pound at a rate of 1 Paʻanga = 10 shillings, to modernize Tonga's currency system and facilitate easier transactions.
Current Use
Today, the Paʻanga remains the official currency of Tonga, widely used in everyday transactions, banking, and trade within the country.