Convert Macedonian Denar to Bosnia-Herzegovina Convertible Mark
Please provide values below to convert Macedonian Denar [MKD] to Bosnia-Herzegovina Convertible Mark [BAM], or Convert Bosnia-Herzegovina Convertible Mark to Macedonian Denar.
How to Convert Macedonian Denar to Bosnia-Herzegovina Convertible Mark
1 MKD = 31.6992381980685 BAM
Example: convert 15 MKD to BAM:
15 MKD = 15 × 31.6992381980685 BAM = 475.488572971028 BAM
Macedonian Denar to Bosnia-Herzegovina Convertible Mark Conversion Table
| Macedonian Denar | Bosnia-Herzegovina Convertible Mark |
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Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.
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.