Convert Bosnia-Herzegovina Convertible Mark to Moldovan Leu
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Moldovan Leu [MDL], or Convert Moldovan Leu to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Moldovan Leu
1 BAM = 0.0983626869634481 MDL
Example: convert 15 BAM to MDL:
15 BAM = 15 × 0.0983626869634481 MDL = 1.47544030445172 MDL
Bosnia-Herzegovina Convertible Mark to Moldovan Leu Conversion Table
| Bosnia-Herzegovina Convertible Mark | Moldovan Leu |
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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.
Moldovan Leu
The Moldovan Leu (MDL) is the official currency of Moldova, used for all monetary transactions within the country.
History/Origin
The Moldovan Leu was introduced in 1993, replacing the Soviet ruble, following Moldova's independence. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Moldovan Leu is actively used as the national currency for everyday transactions, banking, and trade in Moldova. It is issued and regulated by the National Bank of Moldova.