Convert Bosnia-Herzegovina Convertible Mark to North Korean Won
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to North Korean Won [KPW], or Convert North Korean Won to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to North Korean Won
1 BAM = 0.00185233333333333 KPW
Example: convert 15 BAM to KPW:
15 BAM = 15 × 0.00185233333333333 KPW = 0.027785 KPW
Bosnia-Herzegovina Convertible Mark to North Korean Won Conversion Table
Bosnia-Herzegovina Convertible Mark | North Korean Won |
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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.
North Korean Won
The North Korean Won (KPW) is the official currency of North Korea, used for everyday transactions within the country.
History/Origin
The North Korean Won was first introduced in 1947, replacing the Korean won used during the Japanese occupation, and has undergone several redenominations and reforms since then.
Current Use
Today, the KPW is primarily used domestically in North Korea, with limited acceptance outside the country; it is subject to strict government control and currency regulations.