Convert Bosnia-Herzegovina Convertible Mark to Congolese Franc
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Congolese Franc [CDF], or Convert Congolese Franc to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Congolese Franc
1 BAM = 0.000577843722648739 CDF
Example: convert 15 BAM to CDF:
15 BAM = 15 × 0.000577843722648739 CDF = 0.00866765583973109 CDF
Bosnia-Herzegovina Convertible Mark to Congolese Franc Conversion Table
| Bosnia-Herzegovina Convertible Mark | Congolese Franc |
|---|
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.
Congolese Franc
The Congolese Franc (CDF) is the official currency of the Democratic Republic of the Congo, used for everyday transactions and financial exchanges within the country.
History/Origin
The Congolese Franc was introduced in 1967, replacing the Congolese Léopard at par, as part of monetary reforms following independence. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the CDF remains the official currency of the Democratic Republic of the Congo, used in all banking, commerce, and financial activities across the country.