Convert Bosnia-Herzegovina Convertible Mark to Myanma Kyat
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Myanma Kyat [MMK], or Convert Myanma Kyat to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Myanma Kyat
1 BAM = 0.000793161917551601 MMK
Example: convert 15 BAM to MMK:
15 BAM = 15 × 0.000793161917551601 MMK = 0.011897428763274 MMK
Bosnia-Herzegovina Convertible Mark to Myanma Kyat Conversion Table
Bosnia-Herzegovina Convertible Mark | Myanma Kyat |
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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.
Myanma Kyat
The Myanma Kyat (MMK) is the official currency of Myanmar, used for all monetary transactions within the country.
History/Origin
The Kyat was introduced in 1952, replacing the Indian Rupee, and has undergone several reforms and redenominations over the years to stabilize Myanmar's economy.
Current Use
Today, the Kyat is the primary currency in Myanmar, used in everyday transactions, banking, and financial markets, with banknotes and coins issued by the Central Bank of Myanmar.