Historic Arab Emirates Dirham Convertible Mark

Arab Emirates Dirham convertible mark history for January 2024. The highest quote for this month is 0.49386 (29/01/2024) and the lowest 0.47387 (18/01/2024). The difference between high and low is 4.05.

AED BAM average rate for January 2024 is 0.48942, the change between 01/01/2024 and 31/01/2024 is -1.03 %.

03 January 20241 AED = 0.4885 BAM
04 January 20241 AED = 0.4873 BAM
05 January 20241 AED = 0.4875 BAM
08 January 20241 AED = 0.4871 BAM
09 January 20241 AED = 0.4881 BAM
10 January 20241 AED = 0.4862 BAM
11 January 20241 AED = 0.4864 BAM
12 January 20241 AED = 0.4871 BAM
15 January 20241 AED = 0.4871 BAM
16 January 20241 AED = 0.4905 BAM
17 January 20241 AED = 0.4906 BAM
18 January 20241 AED = 0.4910 BAM
19 January 20241 AED = 0.4895 BAM
22 January 20241 AED = 0.4902 BAM
23 January 20241 AED = 0.4917 BAM
24 January 20241 AED = 0.4899 BAM
25 January 20241 AED = 0.4898 BAM
26 January 20241 AED = 0.4914 BAM
29 January 20241 AED = 0.4925 BAM
30 January 20241 AED = 0.4919 BAM
31 January 20241 AED = 0.4936 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.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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.

09/03/2010: New Polymer Banknotes

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

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

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.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.