US Dollar to Bosnian Convertible Mark — exchange rate

Country of Circulation: United States, British Virgin Islands, Ecuador, Panama and others

Currency Code, Symbol: USD, $

Denominations of coins in circulation: 1¢, 5¢, 10¢, 25¢

Denominations of banknotes in circulation: $1, $2, $5, $10, $20, $50, $100

History: The US dollar ($) is the national currency of the United States of America, one of the global reserve currencies. It is used as an official currency unit in Salvador, Marshall Islands, Panama, Bermuda. USD is used as an abbreviation for convenience and internationalization purposes.The US dollar is subdivided into cents. Every dollar has 100 cents. The currency has existed since 1792. The first dollars were made out of silver, then paper notes appeared. They have had the traditional greenish or grey color from the outset. Around 35 million pieces of dollars of different denomination worth 635 million emigrate to the USA daily. 95% of the banknotes are to replace worn-out notes.Read More

Country of Circulation: Bosnia and Herzegovina

Currency Code, Symbol: BAM, KM

Denominations of coins in circulation: 5, 10, 20 and 50 fenings/pfenigs; 1, 2 and 5 marks

Denominations of banknotes in circulation: 10, 20, 50, 100 and 200 marks

History: The convertible mark (KM) is in circulation on the territory of Bosnia and Herzegovina. The banknote design is different depending on the territory of issuance. Only 200 KM has identical format.On the international exchange market, the currency is known as BAM. Fenings are the coins that are used for change. One convertible mark of B&H correlates to 100 fenings. The currency was issued in 1998 after the civil war between Bosnia and Herzegovina ended. The rate of the national currency of this European country is tied to euro. The regime of the Military Council is used to regulate conversion.Read More