Convert Bosnia-Herzegovina Convertible Mark to Indonesian Rupiah
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Indonesian Rupiah [IDR], or Convert Indonesian Rupiah to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Indonesian Rupiah
1 BAM = 0.000102351818989086 IDR
Example: convert 15 BAM to IDR:
15 BAM = 15 × 0.000102351818989086 IDR = 0.00153527728483629 IDR
Bosnia-Herzegovina Convertible Mark to Indonesian Rupiah Conversion Table
Bosnia-Herzegovina Convertible Mark | Indonesian Rupiah |
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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.
Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.