Convert Bosnia-Herzegovina Convertible Mark to Ghanaian Cedi
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Ghanaian Cedi [GHS], or Convert Ghanaian Cedi to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Ghanaian Cedi
1 BAM = 0.153257092426777 GHS
Example: convert 15 BAM to GHS:
15 BAM = 15 × 0.153257092426777 GHS = 2.29885638640166 GHS
Bosnia-Herzegovina Convertible Mark to Ghanaian Cedi Conversion Table
| Bosnia-Herzegovina Convertible Mark | Ghanaian Cedi |
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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.
Ghanaian Cedi
The Ghanaian Cedi (GHS) is the official currency of Ghana, used for all monetary transactions within the country.
History/Origin
The Cedi was introduced in 1965, replacing the Ghanaian Pound. It has undergone several redenominations, with the current decimalized form adopted in 2007 to facilitate easier transactions.
Current Use
Today, the GHS is widely used across Ghana for everyday purchases, banking, and financial transactions, and is actively traded in foreign exchange markets.