Convert Canadian Dollar to Bosnia-Herzegovina Convertible Mark
Please provide values below to convert Canadian Dollar [CAD] to Bosnia-Herzegovina Convertible Mark [BAM], or Convert Bosnia-Herzegovina Convertible Mark to Canadian Dollar.
How to Convert Canadian Dollar to Bosnia-Herzegovina Convertible Mark
1 CAD = 0.817287505248635 BAM
Example: convert 15 CAD to BAM:
15 CAD = 15 × 0.817287505248635 BAM = 12.2593125787295 BAM
Canadian Dollar to Bosnia-Herzegovina Convertible Mark Conversion Table
| Canadian Dollar | Bosnia-Herzegovina Convertible Mark |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
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.