Convert Ethiopian Birr to Bosnia-Herzegovina Convertible Mark
Please provide values below to convert Ethiopian Birr [ETB] to Bosnia-Herzegovina Convertible Mark [BAM], or Convert Bosnia-Herzegovina Convertible Mark to Ethiopian Birr.
How to Convert Ethiopian Birr to Bosnia-Herzegovina Convertible Mark
1 ETB = 81.9610101373643 BAM
Example: convert 15 ETB to BAM:
15 ETB = 15 × 81.9610101373643 BAM = 1229.41515206046 BAM
Ethiopian Birr to Bosnia-Herzegovina Convertible Mark Conversion Table
| Ethiopian Birr | Bosnia-Herzegovina Convertible Mark |
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Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.
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.