Convert Bosnia-Herzegovina Convertible Mark to Bhutanese Ngultrum
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Bhutanese Ngultrum
1 BAM = 0.0192988244282762 BTN
Example: convert 15 BAM to BTN:
15 BAM = 15 × 0.0192988244282762 BTN = 0.289482366424143 BTN
Bosnia-Herzegovina Convertible Mark to Bhutanese Ngultrum Conversion Table
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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.
Bhutanese Ngultrum
The Bhutanese Ngultrum (BTN) is the official currency of Bhutan, used for all monetary transactions within the country.
History/Origin
Introduced in 1974, the Ngultrum replaced the Indian Rupee as Bhutan's official currency, establishing a separate national currency to promote economic independence.
Current Use
The Ngultrum remains the official currency of Bhutan, widely used in everyday transactions, with coins and banknotes issued by the Royal Monetary Authority of Bhutan.