Convert Bosnia-Herzegovina Convertible Mark to Croatian Kuna
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Croatian Kuna [HRK], or Convert Croatian Kuna to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Croatian Kuna
1 BAM = 0.259579901281472 HRK
Example: convert 15 BAM to HRK:
15 BAM = 15 × 0.259579901281472 HRK = 3.89369851922209 HRK
Bosnia-Herzegovina Convertible Mark to Croatian Kuna Conversion Table
Bosnia-Herzegovina Convertible Mark | Croatian Kuna |
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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.
Croatian Kuna
The Croatian Kuna (HRK) is the official currency of Croatia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Kuna was introduced in 1994, replacing the Croatian dinar, following Croatia's independence. It was initially pegged to the German Mark and later to the Euro, with a managed float system.
Current Use
The Kuna remains the official currency of Croatia, widely used across the country for all forms of payment. Croatia adopted the Euro in 2023, but the Kuna continues to be used alongside it during the transition period.