Convert Bosnia-Herzegovina Convertible Mark to Albanian Lek
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Albanian Lek [ALL], or Convert Albanian Lek to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Albanian Lek
1 BAM = 0.0199900954838524 ALL
Example: convert 15 BAM to ALL:
15 BAM = 15 × 0.0199900954838524 ALL = 0.299851432257786 ALL
Bosnia-Herzegovina Convertible Mark to Albanian Lek Conversion Table
| Bosnia-Herzegovina Convertible Mark | Albanian Lek |
|---|
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.
Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.