Historic Polish Zloty Convertible Mark

Polish Zloty convertible mark history for March 2024. The highest quote for this month is 0.45639 (12/03/2024) and the lowest 0.44254 (08/03/2024). The difference between high and low is 3.03.

PLN BAM average rate for March 2024 is 0.44798, the change between 01/03/2024 and 31/03/2024 is -4.45 %.

01 March 20241 PLN = 0.4369 BAM
04 March 20241 PLN = 0.4380 BAM
05 March 20241 PLN = 0.4373 BAM
06 March 20241 PLN = 0.4519 BAM
07 March 20241 PLN = 0.4531 BAM
08 March 20241 PLN = 0.4552 BAM
11 March 20241 PLN = 0.4551 BAM
12 March 20241 PLN = 0.4564 BAM

03/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused significant fluctuations in the value of the Polish Zloty, influenced by global economic uncertainties and shocks to foreign trade.

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.

17/11/2014: National Bank of Poland Intervention

The National Bank of Poland intervened in the currency market to weaken the Polish Zloty, aiming to stimulate exports and counter deflationary pressures.

01/04/2011: Poland Joins the ERM II

Poland's participation in the European Exchange Rate Mechanism II aimed to facilitate converging towards the Euro and maintaining stability for the Polish Zloty.

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.

27/10/2008: Global Financial Crisis

The global financial crisis had repercussions on the Polish Zloty, with the currency experiencing devaluation and higher volatility due to market uncertainty.

01/05/2004: Poland's EU Accession

Poland's accession to the European Union had a profound impact on the Polish Zloty, as it became subject to EU regulations and influenced by the Eurozone.

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.

02/07/1998: 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.

04/06/1989: Fall of Communism in Poland

The end of communist rule in Poland led to significant economic and currency reforms, including a stabilization program that strengthened the Polish Zloty.

01/01/1950: Introduction of the Polish Zloty

The Polish Zloty was introduced as the official currency of Poland, replacing the old Polish currency. It played a crucial role in rebuilding the post-war economy.