Convert Jamaican Dollar to Bosnia-Herzegovina Convertible Mark
Please provide values below to convert Jamaican Dollar [JMD] to Bosnia-Herzegovina Convertible Mark [BAM], or Convert Bosnia-Herzegovina Convertible Mark to Jamaican Dollar.
How to Convert Jamaican Dollar to Bosnia-Herzegovina Convertible Mark
1 JMD = 96.0215344010557 BAM
Example: convert 15 JMD to BAM:
15 JMD = 15 × 96.0215344010557 BAM = 1440.32301601584 BAM
Jamaican Dollar to Bosnia-Herzegovina Convertible Mark Conversion Table
| Jamaican Dollar | Bosnia-Herzegovina Convertible Mark |
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Jamaican Dollar
The Jamaican Dollar (JMD) is the official currency of Jamaica, used for all monetary transactions within the country.
History/Origin
The Jamaican Dollar was introduced in 1969, replacing the Jamaican Pound at a rate of 1 dollar = 1.5 pounds. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Jamaican Dollar is widely used in everyday transactions, banking, and commerce across Jamaica, with coins and banknotes issued by the Bank of Jamaica.
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.