Convert Bosnia-Herzegovina Convertible Mark to Ugandan Shilling
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Ugandan Shilling [UGX], or Convert Ugandan Shilling to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Ugandan Shilling
1 BAM = 0.000467463387362354 UGX
Example: convert 15 BAM to UGX:
15 BAM = 15 × 0.000467463387362354 UGX = 0.00701195081043531 UGX
Bosnia-Herzegovina Convertible Mark to Ugandan Shilling Conversion Table
| Bosnia-Herzegovina Convertible Mark | Ugandan Shilling |
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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.
Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.