Convert Bosnia-Herzegovina Convertible Mark to Icelandic Króna
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Icelandic Króna [ISK], or Convert Icelandic Króna to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Icelandic Króna
1 BAM = 0.0136971444768982 ISK
Example: convert 15 BAM to ISK:
15 BAM = 15 × 0.0136971444768982 ISK = 0.205457167153474 ISK
Bosnia-Herzegovina Convertible Mark to Icelandic Króna Conversion Table
| Bosnia-Herzegovina Convertible Mark | Icelandic Króna |
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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.
Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.