Currency.Wiki
Updated 8 minutes ago
 BAM =
    TRY
 Bosnia-Herzegovina Convertible Mark =  Turkish Lira
Trending: KM exchange rates for the last 24 hours
  • BAM/USD 0.533705 -0.03718682
  • BAM/EUR 0.511923 0.00078974
  • BAM/JPY 84.258113 2.73764630
  • BAM/GBP 0.424518 -0.00207122
  • BAM/CHF 0.481489 0.00113020
  • BAM/MXN 10.848724 -0.36706956
  • BAM/INR 45.570357 -2.22277589
  • BAM/BRL 3.306701 0.20407685
  • BAM/CNY 3.895405 -0.10728779

BAM/TRY exchange rate analysis over the past 90 days

Bosnia-Herzegovina Convertible Mark to Turkish Lira exchange rate: Over the last 90 days, the Bosnia-Herzegovina Convertible Mark weakened by -4.12% against the Turkish Lira, declining from TL19.5085 to TL18.7363 per Bosnia-Herzegovina Convertible Mark. This trend reflects the evolving economic dynamics between the Bosnia and Herzegovina and the Turkey. Factors contributing to this weakening may include:

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

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

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.

TL

Turkish Lira Currency

Country: Turkey

Symbol: TL

ISO Code: TRY

Bank: Central Bank of the Republic of Turkey

Interesting fact about Turkish Lira

The Turkish Lira (TRY) is the official currency of Turkey. It was first introduced in 1923 during the establishment of the modern Turkish Republic. Over the years, the Lira has faced periods of high inflation and numerous currency reforms. Today, it is a significant symbol of Turkey's economy and has a crucial role in trade, commerce, and daily transactions within the country.

Quick Conversion Guide

Frequently Asked Questions

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The Bosnia-Herzegovina Convertible Mark to Turkish Lira 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 TRY is TL18.74.
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Yes, our site provides historical charts that show the trends and fluctuations in the Bosnia-Herzegovina Convertible Mark to Turkish Lira 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.