Convert Namibian Dollar to Bosnia-Herzegovina Convertible Mark
Please provide values below to convert Namibian Dollar [NAD] to Bosnia-Herzegovina Convertible Mark [BAM], or Convert Bosnia-Herzegovina Convertible Mark to Namibian Dollar.
How to Convert Namibian Dollar to Bosnia-Herzegovina Convertible Mark
1 NAD = 10.5372803071201 BAM
Example: convert 15 NAD to BAM:
15 NAD = 15 × 10.5372803071201 BAM = 158.059204606802 BAM
Namibian Dollar to Bosnia-Herzegovina Convertible Mark Conversion Table
| Namibian Dollar | Bosnia-Herzegovina Convertible Mark |
|---|
Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.
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.