Convert Omani Rial to Bosnia-Herzegovina Convertible Mark
Please provide values below to convert Omani Rial [OMR] to Bosnia-Herzegovina Convertible Mark [BAM], or Convert Bosnia-Herzegovina Convertible Mark to Omani Rial.
How to Convert Omani Rial to Bosnia-Herzegovina Convertible Mark
1 OMR = 0.230640033591266 BAM
Example: convert 15 OMR to BAM:
15 OMR = 15 × 0.230640033591266 BAM = 3.45960050386899 BAM
Omani Rial to Bosnia-Herzegovina Convertible Mark Conversion Table
Omani Rial | Bosnia-Herzegovina Convertible Mark |
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Omani Rial
The Omani Rial (OMR) is the official currency of Oman, used for all monetary transactions within the country.
History/Origin
The Omani Rial was introduced in 1970, replacing the Gulf rupee at par, and has since been the standard currency of Oman, with its value stabilized through pegging to the US dollar.
Current Use
The Omani Rial is widely used in Oman for everyday transactions, banking, and trade, and is subdivided into 1000 baisa.
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.