Historic Convertible Mark Argentine peso

Convertible Mark argentine peso history for June 2023. The highest quote for this month is 141.69 (26/06/2023) and the lowest 146.8 (23/06/2023). The difference between high and low is -3.61.

BAM ARS average rate for June 2023 is 136.1075, the change between 01/06/2023 and 30/06/2023 is -6.92 %.

01 June 20231 BAM = 131.6 ARS
02 June 20231 BAM = 131.3 ARS
03 June 20231 BAM = 131.7 ARS
09 June 20231 BAM = 134.1 ARS
10 June 20231 BAM = 134.4 ARS
12 June 20231 BAM = 134.3 ARS
15 June 20231 BAM = 138.5 ARS
16 June 20231 BAM = 138.8 ARS
19 June 20231 BAM = 138.6 ARS
20 June 20231 BAM = 138.8 ARS
23 June 20231 BAM = 140.5 ARS
26 June 20231 BAM = 140.7 ARS

14/09/2020: Introduction of Currency Controls

Argentina tightens currency controls to stabilize the peso and prevent capital flight, imposing restrictions on foreign currency purchases and transfers, marking a significant shift in monetary policy.

01/11/2019: 25th Anniversary of the Convertible Mark

Bosnia and Herzegovina celebrated the 25th anniversary of the introduction of the Convertible Mark as its national currency.

11/08/2019: Primary Elections and Peso Devaluation

Following the primary elections, uncertainty in the financial markets leads to a significant devaluation of the peso, causing economic turmoil and further exacerbating the country's financial difficulties.

15/08/2017: New Banknote Denominations

New banknote denominations of 200 BAM and 1,000 BAM were introduced to facilitate transactions and enhance the efficiency of cash handling.

09/12/2015: Change in Government

Mauricio Macri assumes the presidency, bringing in economic reforms and liberalization policies, impacting the exchange rate and the value of the Argentine peso.

09/03/2010: New Polymer Banknotes

The Central Bank of Bosnia and Herzegovina introduced polymer banknotes to replace the paper banknotes, increasing durability and security.

28/02/2002: Replacement of Deutsche Mark with Euro

The Deutsche Mark was replaced by the euro as the main reference currency for the Convertible Mark's fixed exchange rate.

02/12/2001: Economic Crisis and Devaluation

Argentina faces a severe economic crisis, resulting in the devaluation of the peso, leading to a sharp decline in its value and triggering social and political unrest.

02/07/1998: Issuance of New Banknote Series

A new series of banknotes was issued, featuring updated designs and enhanced security features.

01/07/1997: Currency Board Arrangement

A Currency Board Arrangement was established to maintain a fixed exchange rate between the Convertible Mark and the Deutsche Mark.

22/06/1995: Introduction of the Convertible Mark

The Convertible Mark was introduced as the official currency of Bosnia and Herzegovina, replacing the Yugoslav dinar.

31/03/1991: Introduction of Convertibility Plan

The Convertibility Plan is implemented, fixing the exchange rate between the Argentine peso and the US dollar on a one-to-one basis, as an attempt to control inflation.

06/01/1985: Introduction of Austral as a new currency

The Argentine government replaces the peso with the Austral as the new currency, aiming to stabilize the economy and tackle hyperinflation.

29/01/1983: End of the military dictatorship

After seven years of military rule, democratic elections are held in Argentina, leading to the end of the military dictatorship and the beginning of a period of economic and political transition.