BAM · BAM
Bosnia-Herzegovina Convertible Mark (BAM)
The Convertible Mark (BAM) is the official currency of Bosnia and Herzegovina, pegged to the euro at a fixed rate.
Convert this currency
Converted amount
0.5914 USD
Exchange rate
1 BAM = 0.591401 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
BAM · Bosnia-Herzegovina Convertible Mark
Bosnia and Herzegovina Convertible Mark (BAM) Overview
The Bosnia and Herzegovina Convertible Mark (BAM) is the national currency of Bosnia and Herzegovina, introduced in 1998 as part of the Dayton Agreement to stabilize the post-war economy. It is issued by the Central Bank of Bosnia and Herzegovina and is subdivided into 100 pfenigs. The currency is pegged to the euro at a fixed rate of 1 EUR = 1.95583 BAM, ensuring monetary stability and facilitating trade with the European Union.
The Convertible Mark is used in both entities of the country: the Federation of Bosnia and Herzegovina and the Republika Srpska, although the currency is uniform across the entire territory. Banknotes are issued in denominations of 10, 20, 50, 100, and 200 marks, while coins are available in 5, 10, 20, and 50 pfenigs, as well as 1, 2, and 5 marks. The currency's name reflects its historical link to the German Mark, but it has been tied to the euro since 2002.
As a stable and convertible currency, the BAM plays a crucial role in the country's economic development. It is widely accepted in all transactions within Bosnia and Herzegovina, and its fixed exchange rate reduces currency risk for businesses and investors. However, the currency is not freely traded on international markets, and exchange rates may vary at local banks and exchange offices. For accurate and up-to-date information, it is advisable to consult official sources.
- Code
- BAM
- Symbol
- BAM
- Current rate
- USD / BAM
Currency information
Last updated · 8/7/2026
Introduced in 1998, replacing the Bosnian dinar and the Croatian kuna.
- Official name
- Convertible Mark
- Legal tender status
- Legal tender in Bosnia and Herzegovina
- Decimal places
- 2
- Minor unit
- fening · 1 BAM = 100 fening
- Countries
- Bosnia and Herzegovina
- Issuing authority
- Central Bank of Bosnia and Herzegovina
- Central bank
- Central Bank of Bosnia and Herzegovina · Official website
- Exchange-rate regime
- Pegged to the euro at a fixed rate
Common banknotes
10 KM · 20 KM · 50 KM · 100 KM · 200 KM
Common coins
5 feninga · 10 feninga · 20 feninga · 50 feninga · 1 KM · 2 KM · 5 KM
Also known as
Convertible Mark · Bosnian mark · Bosnia-Herzegovina Convertible Mark · BAM · KM
Practical notes
- The currency is pegged to the euro at 1 EUR = 1.95583 BAM.
- Banknotes are issued in denominations of 10, 20, 50, 100, and 200 KM.
Priority currency pairs
The most useful conversions for this currency.
Bosnia-Herzegovina Convertible Mark questions
What is the BAM exchange rate?
The displayed rate is the latest available reference rate for USD/BAM. It can change throughout the day.
How can I convert BAM online?
Use the converter above to calculate indicative amounts between BAM and the other supported currencies.