Convert Liberian Dollar to Bosnia-Herzegovina Convertible Mark
Please provide values below to convert Liberian Dollar [LRD] to Bosnia-Herzegovina Convertible Mark [BAM], or Convert Bosnia-Herzegovina Convertible Mark to Liberian Dollar.
How to Convert Liberian Dollar to Bosnia-Herzegovina Convertible Mark
1 LRD = 120.259012656709 BAM
Example: convert 15 LRD to BAM:
15 LRD = 15 × 120.259012656709 BAM = 1803.88518985064 BAM
Liberian Dollar to Bosnia-Herzegovina Convertible Mark Conversion Table
| Liberian Dollar | Bosnia-Herzegovina Convertible Mark |
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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.
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.