Convert Bosnia-Herzegovina Convertible Mark to Paraguayan Guarani
Please provide values below to convert Bosnia-Herzegovina Convertible Mark [BAM] to Paraguayan Guarani [PYG], or Convert Paraguayan Guarani to Bosnia-Herzegovina Convertible Mark.
How to Convert Bosnia-Herzegovina Convertible Mark to Paraguayan Guarani
1 BAM = 0.000216165959129761 PYG
Example: convert 15 BAM to PYG:
15 BAM = 15 × 0.000216165959129761 PYG = 0.00324248938694642 PYG
Bosnia-Herzegovina Convertible Mark to Paraguayan Guarani Conversion Table
| Bosnia-Herzegovina Convertible Mark | Paraguayan Guarani |
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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.
Paraguayan Guarani
The Paraguayan Guarani (PYG) is the official currency of Paraguay, used for all monetary transactions within the country.
History/Origin
The Guarani was introduced in 1943, replacing the peso at a rate of 1 Guarani = 1 peso, and has undergone various redenominations and reforms since then to stabilize the economy.
Current Use
Today, the Guarani remains the national currency of Paraguay, widely used in everyday commerce, banking, and financial transactions across the country.