Convert Bosnia-Herzegovina Convertible Mark to Liberian Dollar
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Liberian Dollar [LRD], or Convert Liberian Dollar to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Liberian Dollar
1 BAM = 0.00831538508348306 LRD
Example: convert 15 BAM to LRD:
15 BAM = 15 × 0.00831538508348306 LRD = 0.124730776252246 LRD
Bosnia-Herzegovina Convertible Mark to Liberian Dollar Conversion Table
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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.
Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.