Convert Bosnia-Herzegovina Convertible Mark to Angolan Kwanza
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Angolan Kwanza
1 BAM = 0.00181305017660681 AOA
Example: convert 15 BAM to AOA:
15 BAM = 15 × 0.00181305017660681 AOA = 0.0271957526491022 AOA
Bosnia-Herzegovina Convertible Mark to Angolan Kwanza Conversion Table
| Bosnia-Herzegovina Convertible Mark | Angolan Kwanza |
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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.
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.