Convert Bosnia-Herzegovina Convertible Mark to Colombian Peso
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Colombian Peso [COP], or Convert Colombian Peso to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Colombian Peso
1 BAM = 0.000413526255035193 COP
Example: convert 15 BAM to COP:
15 BAM = 15 × 0.000413526255035193 COP = 0.00620289382552789 COP
Bosnia-Herzegovina Convertible Mark to Colombian Peso Conversion Table
| Bosnia-Herzegovina Convertible Mark | Colombian Peso |
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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.
Colombian Peso
The Colombian Peso (COP) is the official currency of Colombia, used for all monetary transactions within the country.
History/Origin
The Colombian Peso was introduced in 1810, replacing the real, and has undergone various reforms and redenominations over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the COP is widely used in Colombia for everyday transactions, banking, and international trade, with coins and banknotes issued by the Banco de la República.