Convert South Korean Won to Bosnia-Herzegovina Convertible Mark
Please provide values below to convert South Korean Won [KRW] to Bosnia-Herzegovina Convertible Mark [BAM], or Convert Bosnia-Herzegovina Convertible Mark to South Korean Won.
How to Convert South Korean Won to Bosnia-Herzegovina Convertible Mark
1 KRW = 829.327094955312 BAM
Example: convert 15 KRW to BAM:
15 KRW = 15 × 829.327094955312 BAM = 12439.9064243297 BAM
South Korean Won to Bosnia-Herzegovina Convertible Mark Conversion Table
South Korean Won | Bosnia-Herzegovina Convertible Mark |
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South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.
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.