Convert Moroccan Dirham to Bosnia-Herzegovina Convertible Mark
Please provide values below to convert Moroccan Dirham [MAD] to Bosnia-Herzegovina Convertible Mark [BAM], or Convert Bosnia-Herzegovina Convertible Mark to Moroccan Dirham.
How to Convert Moroccan Dirham to Bosnia-Herzegovina Convertible Mark
1 MAD = 5.40357507048167 BAM
Example: convert 15 MAD to BAM:
15 MAD = 15 × 5.40357507048167 BAM = 81.0536260572251 BAM
Moroccan Dirham to Bosnia-Herzegovina Convertible Mark Conversion Table
| Moroccan Dirham | Bosnia-Herzegovina Convertible Mark |
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Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.
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.