Convert Bosnia-Herzegovina Convertible Mark to Manx pound
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Manx pound [IMP], or Convert Manx pound to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Manx Pound
1 BAM = 2.25192489531271 IMP
Example: convert 15 BAM to IMP:
15 BAM = 15 × 2.25192489531271 IMP = 33.7788734296907 IMP
Bosnia-Herzegovina Convertible Mark to Manx Pound Conversion Table
| Bosnia-Herzegovina Convertible Mark | Manx pound |
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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.
Manx Pound
The Manx pound (IMP) is the official currency of the Isle of Man, subdivided into 100 pence, and used as the island's legal tender.
History/Origin
The Manx pound has been in use since the Isle of Man established its own currency system, historically linked to the British pound, with banknotes issued by local banks since the 19th century.
Current Use
Today, the Manx pound is pegged to the British pound at par and is used alongside British currency for everyday transactions and local commerce on the Isle of Man.