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Bosnian Convertible Marks (BAM)
The BAM is the official currency of Bosnia and Herzegovina, with the symbol KM.
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Bosnian Convertible Marks to Australian Dollars: Exchange rates today
 BAM |  GBP |
|---|---|
| 1 BAM | 0.43 GBP |
| 10 BAM | 4.39 GBP |
| 20 BAM | 8.79 GBP |
| 50 BAM | 21.98 GBP |
| 100 BAM | 43.96 GBP |
| 250 BAM | 109.90 GBP |
| 300 BAM | 131.89 GBP |
| 500 BAM | 219.81 GBP |
| 1,000 BAM | 439.63 GBP |
| 2,000 BAM | 880.15 GBP |
| 5,000 BAM | 2,200.39 GBP |
| 10,000 BAM | 4,400.79 GBP |
| GBP | BAM |
|---|---|
| 1 GBP | 2.24 BAM |
| 10 GBP | 22.40 BAM |
| 20 GBP | 44.81 BAM |
| 50 GBP | 112.03 BAM |
| 100 GBP | 224.06 BAM |
| 250 GBP | 560.15 BAM |
| 300 GBP | 672.18 BAM |
| 500 GBP | 1,120.31 BAM |
| 1,000 GBP | 2,242.87 BAM |
| 2,000 GBP | 4,485.75 BAM |
| 5,000 GBP | 11,214.39 BAM |
| 10,000 GBP | 22,431.77 BAM |
Exchange rates are dynamic. Always remember to check the applicable rate in-app before carrying out your exchange.
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Learn more about the Bosnian Convertible Marks
History
The Bosnian Convertible Marks was established as the official currency of Bosnia and Herzegovina in 1998. Its introduction was a key development for the nation, and it continues to be a central part of the economic landscape of both Bosnia and Herzegovina and Europe. Check our guide about the evolution of BAM to GBP to learn more about their exchange rate history.Characteristics
The Bosnian Convertible Marks is divided into Fening. You'll find Bosnian Convertible Marks banknotes in 10, 20, 50, 100, 200 convertible marks and coins in 1, 2, 5 convertible marks; 10, 20, 50 fenings.Monetary policy
The Bosnian Convertible Marks is managed by the Central Bank of Bosnia and Herzegovina, which is responsible for the currency's monetary policy and currency's value. This approach allows the currency to fluctuate based on market conditions, while the central bank retains the ability to intervene to maintain stability and control inflation. This strategic management is crucial for supporting the economic growth and stability of Bosnia and Herzegovina.Currency exchange
The Bosnian Convertible Marks's value is pegged to the EUR, meaning it has a fixed exchange rate. This provides stability and predictability, making it a reliable currency for international business and trade.
Facts table for the Bosnian Convertible Marks (BAM)
| Currency name | Bosnian Convertible Marks | |
| Currency code | BAM | |
| Currency symbol | KM | |
| Minor unit | Fening | |
| Minor unit symbol | - | |
| Notes frequently used | 10, 20, 50, 100, 200 convertible marks | |
| Coins frequently used | 1, 2, 5 convertible marks; 10, 20, 50 fenings | |
| Central bank | Central Bank of Bosnia and Herzegovina | |
| Users | Bosnia and Herzegovina |
Popular Bosnian Convertible Marks (BAM) currency conversions
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