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1 Bosnia-Herzegovina Convertible Mark to Euro

Updated 9 minutes ago
Convert 1 BAM:EUR
 BAM =
    EUR
 Bosnia-Herzegovina Convertible Mark =  Euros
Trending: KM exchange rates for the last 24 hours
  • BAM/USD 0.554218 0.00308594
  • BAM/EUR 0.509410 -0.00205376
  • BAM/JPY 86.277942 3.45780441
  • BAM/GBP 0.436221 -0.00161750
  • BAM/CHF 0.503791 0.01717759
  • BAM/MXN 9.204791 -0.19069402
  • BAM/INR 46.166693 0.41132065
  • BAM/BRL 2.829063 0.09665872
  • BAM/CNY 4.003230 0.03606866

BAM/EUR exchange rate analysis over the past 90 days

Bosnia-Herzegovina Convertible Mark to Euro exchange rate: Over the last 90 days, the Bosnia-Herzegovina Convertible Mark weakened by -0.40% against the Euro, declining from €0.5115 to €0.5094 per Bosnia-Herzegovina Convertible Mark. This trend reflects the evolving economic dynamics between the Bosnia and Herzegovina and the European Union. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Bosnia and Herzegovina and European Union.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Bosnia and Herzegovina and European Union.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Bosnia and Herzegovina or European Union.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Bosnia and Herzegovina relative to the European Union.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

bam/eur Historical Chart

KM
Bosnia-Herzegovina Convertible Mark Currency

Country: Bosnia and Herzegovina

Symbol: KM

ISO Code: BAM

Bank: Central Bank of Bosnia and Herzegovina

Interesting fact about Bosnia-Herzegovina Convertible Mark

The Bosnia-Herzegovina Convertible Mark (BAM) is the official currency of Bosnia and Herzegovina. It was introduced in 1998 as a replacement for the Yugoslav dinar during the country's post-war reconstruction. The BAM is fixed to the euro and used in both entities within Bosnia and Herzegovina. It plays a crucial role in stabilizing the economy and facilitating trade within the country.

Euro Currency

Country: European Union

Symbol:

ISO Code: EUR

Bank: European Central Bank

Interesting fact about Euro

The Euro (EUR) is the official currency of the European Union (EU). It was introduced in 1999 as an electronic currency and became physical in 2002. The Euro is used by 19 of the 27 EU member states, promoting economic integration, trade, and stability within the Eurozone. It is an important symbol of European unity and facilitates cross-border transactions, making it a key currency globally.

Quick Conversion Guide

Frequently Asked Questions

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The Bosnia-Herzegovina Convertible Mark to Euro exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 BAM to EUR is €0.51.
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Yes, our site provides historical charts that show the trends and fluctuations in the Bosnia-Herzegovina Convertible Mark to Euro exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.