Convert Nigerian Naira to Bosnia-Herzegovina Convertible Mark
Please provide values below to convert Nigerian Naira [NGN] to Bosnia-Herzegovina Convertible Mark [BAM], or Convert Bosnia-Herzegovina Convertible Mark to Nigerian Naira.
How to Convert Nigerian Naira to Bosnia-Herzegovina Convertible Mark
1 NGN = 918.183012416772 BAM
Example: convert 15 NGN to BAM:
15 NGN = 15 × 918.183012416772 BAM = 13772.7451862516 BAM
Nigerian Naira to Bosnia-Herzegovina Convertible Mark Conversion Table
| Nigerian Naira | Bosnia-Herzegovina Convertible Mark |
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Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.
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.