Convert Bosnia-Herzegovina Convertible Mark to United Arab Emirates Dirham
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to United Arab Emirates Dirham [AED], or Convert United Arab Emirates Dirham to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to United Arab Emirates Dirham
1 BAM = 0.453941456773315 AED
Example: convert 15 BAM to AED:
15 BAM = 15 × 0.453941456773315 AED = 6.80912185159973 AED
Bosnia-Herzegovina Convertible Mark to United Arab Emirates Dirham Conversion Table
| Bosnia-Herzegovina Convertible Mark | United Arab Emirates Dirham |
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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.
United Arab Emirates Dirham
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, used for all monetary transactions within the country.
History/Origin
The AED was introduced in 1973, replacing the Qatar and Dubai riyal at par, to unify the various currencies used in the emirates and establish a national monetary system.
Current Use
The AED is widely used across the UAE for everyday transactions, banking, and international trade, and is recognized as a stable and reliable currency in the region.