Convert Bosnia-Herzegovina Convertible Mark to Rwandan Franc
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Rwandan Franc [RWF], or Convert Rwandan Franc to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Rwandan Franc
1 BAM = 0.00115181185649741 RWF
Example: convert 15 BAM to RWF:
15 BAM = 15 × 0.00115181185649741 RWF = 0.0172771778474612 RWF
Bosnia-Herzegovina Convertible Mark to Rwandan Franc Conversion Table
| Bosnia-Herzegovina Convertible Mark | Rwandan Franc |
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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.
Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.