Historic Pound sterling Convertible Mark

Pound sterling convertible mark history for January 2024. The highest quote for this month is 2.2969 (29/01/2024) and the lowest 2.2226 (24/01/2024). The difference between high and low is 3.23.

GBP BAM average rate for January 2024 is 2.28315, the change between 01/01/2024 and 31/01/2024 is -1.62 %.

03 January 20241 GBP = 2.264 BAM
04 January 20241 GBP = 2.268 BAM
05 January 20241 GBP = 2.270 BAM
08 January 20241 GBP = 2.275 BAM
09 January 20241 GBP = 2.284 BAM
10 January 20241 GBP = 2.270 BAM
11 January 20241 GBP = 2.276 BAM
12 January 20241 GBP = 2.285 BAM
15 January 20241 GBP = 2.278 BAM
16 January 20241 GBP = 2.290 BAM
17 January 20241 GBP = 2.277 BAM
18 January 20241 GBP = 2.286 BAM
19 January 20241 GBP = 2.284 BAM
22 January 20241 GBP = 2.286 BAM
23 January 20241 GBP = 2.294 BAM
24 January 20241 GBP = 2.283 BAM
25 January 20241 GBP = 2.287 BAM
26 January 20241 GBP = 2.294 BAM
29 January 20241 GBP = 2.297 BAM
30 January 20241 GBP = 2.296 BAM
31 January 20241 GBP = 2.301 BAM

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.

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.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

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.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

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.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.