BAM (KM)

Currency: Convertible mark

The Convertible mark is the official currency of Bosnia and Herzegovina. One US dollar is worth around 1.63 BAM. The convertible mark is the official currency of Bosnia and Herzegovina. It was introduced in 1995 to replace the Yugoslav dinar. The symbol for the convertible mark is “KM” and it is subdivided into 100 feninga. The Central Bank of Bosnia and Herzegovina is responsible for issuing and regulating the currency. The exchange rate of the convertible mark is determined by supply and demand in the foreign exchange market.