Convert Russian Ruble to Bosnia-Herzegovina Convertible Mark
Please provide values below to convert Russian Ruble [RUB] to Bosnia-Herzegovina Convertible Mark [BAM], or Convert Bosnia-Herzegovina Convertible Mark to Russian Ruble.
How to Convert Russian Ruble to Bosnia-Herzegovina Convertible Mark
1 RUB = 47.0340111570992 BAM
Example: convert 15 RUB to BAM:
15 RUB = 15 × 47.0340111570992 BAM = 705.510167356487 BAM
Russian Ruble to Bosnia-Herzegovina Convertible Mark Conversion Table
| Russian Ruble | Bosnia-Herzegovina Convertible Mark |
|---|
Russian Ruble
The Russian Ruble (RUB) is the official currency of Russia, used for everyday transactions and financial exchanges within the country.
History/Origin
The Ruble has been the currency of Russia for centuries, with origins dating back to the 13th century. It has undergone various reforms and redenominations, most notably after the Soviet Union's dissolution in 1991, establishing the modern RUB as the national currency.
Current Use
Today, the Russian Ruble is widely used throughout Russia for all forms of payment, including cash, electronic transfers, and banking transactions. It is also traded on international currency markets.
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.