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Bosnia and Herzegovina - Bosnia-Herzegovina Convertible Mark - Currency Guide

 

Foreign exchange guide to Bosnia and Herzegovina and the Bosnia-Herzegovina Convertible Mark (BAM)

       

BAM News, Forecasts and Trends

The below interactive chart shows the USD to BAM exchange rate, trend and recent alerts for the last 90 days.

   
Recent USD to BAM 90-day trend
 
ALERT:14-DAY LOWS |
USD/BAM at 1.7237 was trading 2.7% below AVG:1.7711 with LO:1.7201 and HI:1.8152 (90 days). ALERT: USD/BAM dropped to 14-DAY LOWS.

US Dollar to Bosnia-Herzegovina Convertible Mark - Historical Rates

USD/BAM rateChangePeriod
06 Jul 2020 : 1.73140.3% ▼1 Week
13 Jun 2020 : 1.73060.2% ▼30 Days
14 Apr 2020 : 1.78643.4% ▼90 Days
14 Jul 2019 : 1.73740.6% ▼1 Year
15 Jul 2015 : 1.78453.3% ▼5 Years
16 Jul 2010 : 1.510214.3% ▲10 Years
USD/BAM 10 year historic rates & changes to 13-Jul-2020 : 1.7264
 

U$1,000 USD
=
1,724 BAM

Converted at USD/BAM wholesale exchange rate, compare foreign transfer and spend/travel exchange rates.

 
 

US Dollar to Bosnia-Herzegovina Convertible Mark - Quick Conversions

USD BAM
U$ 1 1.7237
U$ 5 8.6185
U$ 10 17.24
U$ 20 34.47
U$ 50 86.19
U$ 100 172.37
U$ 250 430.93
U$ 500 861.85
U$ 1,000 1,724
U$ 2,000 3,447
U$ 5,000 8,619
U$ 10,000 17,237
U$ 50,000 86,185
U$ 100,000 172,370
More amounts
USD BAM
U$ 0.5801 1
U$ 2.9005 5
U$ 5.8010 10
U$ 11.60 20
U$ 29.01 50
U$ 58.01 100
U$ 145.03 250
U$ 290.05 500
U$ 580.10 1,000
U$ 1,160 2,000
U$ 2,901 5,000
U$ 5,801 10,000
U$ 29,005 50,000
U$ 58,010 100,000
More amounts

Frequently Asked Questions

 

What currency should I use in Bosnia and Herzegovina?

The domestic currency in Bosnia and Herzegovina is the Bosnia-Herzegovina Convertible Mark.

What is the Bosnia-Herzegovina Convertible Mark currency code and symbol?

The three letter currency code for the Bosnia-Herzegovina Convertible Mark is BAM.

Which countries use the Bosnia-Herzegovina Convertible Mark?

It is the domestic currency in    Bosnia and Herzegovina.

Is the Bosnia-Herzegovina Convertible Mark a closed currency?

No, the Bosnia-Herzegovina Convertible Mark is freely available and convertible. See guide: What is a closed currency?

 

Travel, Currency and Money saving tips for Bosnia and Herzegovina

Travel money for Bosnia and Herzegovina

Save money and time by Ordering your Bosnia-Herzegovina Convertible Mark online from Travelex, you get better rates and can pick up the BAM cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Bosnia-Herzegovina Convertible Mark otherwise you may get much worst exchange rates.

 

Sending money to Bosnia and Herzegovina

When searching around for information on how to get a good exchange rate when sending money to Bosnia and Herzegovina you need to start with finding out the latest Bosnia-Herzegovina Convertible Mark exchange rate for foreign-transfers, which can be very different to the wholesale rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save - we make that calculation easy in the below table.


Get a better deal for foreign transfers to Bosnia and Herzegovina

When sending money to Bosnia and Herzegovina it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Bosnia-Herzegovina Convertible Mark amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted BAM amount will be transfered to the recipient account you specify in Bosnia and Herzegovina.

Use the above Send to Bosnia-Herzegovina Convertible Mark calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Bosnia-Herzegovina Convertible Mark deposited into the recipient bank account and less margins and fees kept by the banks!


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