Convert Angolan Kwanza to Bosnia-Herzegovina Convertible Mark
Please provide values below to convert Angolan Kwanza [AOA] to Bosnia-Herzegovina Convertible Mark [BAM], or Convert Bosnia-Herzegovina Convertible Mark to Angolan Kwanza.
How to Convert Angolan Kwanza to Bosnia-Herzegovina Convertible Mark
1 AOA = 551.556715254034 BAM
Example: convert 15 AOA to BAM:
15 AOA = 15 × 551.556715254034 BAM = 8273.35072881051 BAM
Angolan Kwanza to Bosnia-Herzegovina Convertible Mark Conversion Table
Angolan Kwanza | Bosnia-Herzegovina Convertible Mark |
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Angolan Kwanza
The Angolan Kwanza (AOA) is the official currency of Angola, used for all monetary transactions within the country.
History/Origin
The Kwanza was introduced in 1977, replacing the Angolan escudo after independence from Portugal. It has undergone several redenominations due to inflation and economic changes.
Current Use
The AOA is actively used as Angola's legal tender, with coins and banknotes circulating nationwide. It is managed by the National Bank of Angola.
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.