Convert Libyan Dinar to Bosnia-Herzegovina Convertible Mark
Please provide values below to convert Libyan Dinar [LYD] to Bosnia-Herzegovina Convertible Mark [BAM], or Convert Bosnia-Herzegovina Convertible Mark to Libyan Dinar.
How to Convert Libyan Dinar to Bosnia-Herzegovina Convertible Mark
1 LYD = 3.25595345210245 BAM
Example: convert 15 LYD to BAM:
15 LYD = 15 × 3.25595345210245 BAM = 48.8393017815368 BAM
Libyan Dinar to Bosnia-Herzegovina Convertible Mark Conversion Table
| Libyan Dinar | Bosnia-Herzegovina Convertible Mark |
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Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, used for all monetary transactions within the country.
History/Origin
The Libyan Dinar was introduced in 1971, replacing the Libyan Pound at par, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the LYD is actively used in Libya for everyday transactions, banking, and international trade, with the Central Bank of Libya managing its issuance and regulation.
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.