Convert Mauritanian Ouguiya to Bosnia-Herzegovina Convertible Mark
Please provide values below to convert Mauritanian Ouguiya [MRU] to Bosnia-Herzegovina Convertible Mark [BAM], or Convert Bosnia-Herzegovina Convertible Mark to Mauritanian Ouguiya.
How to Convert Mauritanian Ouguiya to Bosnia-Herzegovina Convertible Mark
1 MRU = 23.970547657609 BAM
Example: convert 15 MRU to BAM:
15 MRU = 15 × 23.970547657609 BAM = 359.558214864135 BAM
Mauritanian Ouguiya to Bosnia-Herzegovina Convertible Mark Conversion Table
| Mauritanian Ouguiya | Bosnia-Herzegovina Convertible Mark |
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Mauritanian Ouguiya
The Mauritanian Ouguiya (MRU) is the official currency of Mauritania, used for all monetary transactions within the country.
History/Origin
The Ouguiya was introduced in 1973, replacing the CFA franc at par, and has undergone various redenominations and updates since its inception to modernize the currency system.
Current Use
Today, the MRU is actively used in Mauritania for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of West African States (BCEAO).
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.