| 1 $ = | Start | 10/09/2026 | Change | |
| Last 24 hours | 1.7495 KM | ⇨ | 1.7449 KM | -0.27% |
| Last week | 1.7405 KM | ⇨ | 1.7449 KM | +0.25% |
| Last month | 1.6808 KM | ⇨ | 1.7449 KM | +3.81% |
| Last year | 1.6925 KM | ⇨ | 1.7449 KM | +3.09% |
| Currency | 10/02/2026 | 10/09/2026 | Change | |
| Iraqi Dinar (IQD) | 1,309.8 ID | ⇨ | 1,514.8 ID | +15.65% |
| Ugandan Shilling (UGX) | 3,989.6 USh | ⇨ | 4,088.7 USh | +2.49% |
| Seychellois Rupee (SCR) | 13.763 SR | ⇨ | 13.989 SR | +1.64% |
| Russian Ruble (RUB) | 83.8 руб | ⇨ | 85.097 руб | +1.55% |
| Dominican Peso (DOP) | 59.697 RD$ | ⇨ | 60.603 RD$ | +1.52% |
| Chilean Peso (CLP) | 992.45 $ | ⇨ | 978.05 $ | -1.45% |
| Colombian Peso (COP) | 3,268.2 $ | ⇨ | 3,203.6 $ | -1.98% |
| Afghan Afghani (AFN) | 66 Af | ⇨ | 64.501 Af | -2.27% |
| Paraguayan Guaraní (PYG) | 5,849.6 ₲ | ⇨ | 5,687.4 ₲ | -2.77% |
| Brazilian Real (BRL) | 5.2207 R$ | ⇨ | 4.9907 R$ | -4.41% |
| See also: 24h, monthly and yearly currency moves | ||||
| Currency name | Bosnian Convertible Mark |
| Symbol | KM |
| Also known as | BAM, Bosnia and Herzegovina Convertible Mark, 1 KM = 100 pfenig |
| ISO code | BAM |
| Banknotes | 10, 20, 50, 100, 200 KM |
| Coins | 5, 10, 20, 50 pfenig; 1, 2, 5 KM |
| Central bank | Central Bank of Bosnia and Herzegovina (CBBH) - Website: www.cbbh.ba |
| Countries | 1 country: Bosnia and Herzegovina (capital: Sarajevo, major cities: Sarajevo, Banja Luka, Tuzla) |
| Population | 3.5 mil. |
History
The history of the Bosnia and Herzegovina convertible mark (BAM) is inseparable from the Dayton Peace Agreement that ended the devastating Bosnian War (1992–1995). The war destroyed the existing monetary system along with much of the country's infrastructure. Multiple currencies circulated simultaneously in different parts of the country — the Croatian kuna in Croat-controlled areas, the Yugoslav dinar in Serb-controlled areas, and a Bosnian dinar in government-held territory.
The convertible mark was introduced on 22 June 1998 as part of post-war reconstruction under the Dayton framework. Its design was carefully crafted to be acceptable to all constituent peoples (Bosniaks, Croats and Serbs). The currency operates under a currency board arrangement, maintaining an irrevocably fixed exchange rate with the Deutsche mark — and now the euro — at 1 BAM = 0.511292 EUR (or equivalently 1 EUR = 1.95583 BAM, the same rate as the Croatian kuna and Bulgarian lev).
The Central Bank of Bosnia and Herzegovina manages the currency board, which by law cannot lend to the government or commercial banks, ensuring that every unit of currency in circulation is backed by a euro reserve. This rigid arrangement has provided monetary stability in a country with complex governance structures, though it leaves no room for domestic monetary policy adjustment.
Sources:
"Bosnia and Herzegovina convertible mark", Wikipedia, https://en.wikipedia.org/wiki/Bosnia_and_Herzegovina_convertible_mark
"Currency board", Wikipedia, https://en.wikipedia.org/wiki/Currency_board