Convert Bosnia-Herzegovina Convertible Mark to Maldivian Rufiyaa
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Maldivian Rufiyaa [MVR], or Convert Maldivian Rufiyaa to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Maldivian Rufiyaa
1 BAM = 0.107985386897436 MVR
Example: convert 15 BAM to MVR:
15 BAM = 15 × 0.107985386897436 MVR = 1.61978080346154 MVR
Bosnia-Herzegovina Convertible Mark to Maldivian Rufiyaa Conversion Table
| Bosnia-Herzegovina Convertible Mark | Maldivian Rufiyaa |
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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.
Maldivian Rufiyaa
The Maldivian Rufiyaa (MVR) is the official currency of the Maldives, used for all monetary transactions within the country.
History/Origin
Introduced in 1981, the Maldivian Rufiyaa replaced the Maldivian Rupee at par, and has since been the nation's standard currency, with various banknotes and coins issued over the years.
Current Use
The MVR is widely used across the Maldives for daily transactions, tourism, and trade, and is managed by the Maldives Monetary Authority.