Convert Guinean Franc to Bosnia-Herzegovina Convertible Mark
Please provide values below to convert Guinean Franc [GNF] to Bosnia-Herzegovina Convertible Mark [BAM], or Convert Bosnia-Herzegovina Convertible Mark to Guinean Franc.
How to Convert Guinean Franc to Bosnia-Herzegovina Convertible Mark
1 GNF = 5215.74842540939 BAM
Example: convert 15 GNF to BAM:
15 GNF = 15 × 5215.74842540939 BAM = 78236.2263811409 BAM
Guinean Franc to Bosnia-Herzegovina Convertible Mark Conversion Table
| Guinean Franc | Bosnia-Herzegovina Convertible Mark |
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Guinean Franc
The Guinean Franc (GNF) is the official currency of Guinea, used for all monetary transactions within the country.
History/Origin
The Guinean Franc was introduced in 1959, replacing the French CFA franc, following Guinea's independence, and has undergone various redenominations since then.
Current Use
Today, the GNF is used exclusively within Guinea for everyday transactions, banking, and trade, and is issued by the Central Bank of the Republic of Guinea.
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.