Convert Bosnia-Herzegovina Convertible Mark to Thai Baht
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Thai Baht [THB], or Convert Thai Baht to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Thai Baht
1 BAM = 0.0517530407356128 THB
Example: convert 15 BAM to THB:
15 BAM = 15 × 0.0517530407356128 THB = 0.776295611034192 THB
Bosnia-Herzegovina Convertible Mark to Thai Baht Conversion Table
| Bosnia-Herzegovina Convertible Mark | Thai Baht |
|---|
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.
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.