Bosnian Convertible Mark to Euro — exchange rate

Country of Circulation: Bosnia and Herzegovina

Currency Code, Symbol: BAM, KM

Denominations of coins in circulation: 5, 10, 20 and 50 fenings/pfenigs; 1, 2 and 5 marks

Denominations of banknotes in circulation: 10, 20, 50, 100 and 200 marks

History: The convertible mark (KM) is in circulation on the territory of Bosnia and Herzegovina. The banknote design is different depending on the territory of issuance. Only 200 KM has identical format.On the international exchange market, the currency is known as BAM. Fenings are the coins that are used for change. One convertible mark of B&H correlates to 100 fenings. The currency was issued in 1998 after the civil war between Bosnia and Herzegovina ended. The rate of the national currency of this European country is tied to euro. The regime of the Military Council is used to regulate conversion.Read More

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More