BAM Market Update
09 Jul 2026 • 00:43 GMT
The Bosnia and Herzegovina Convertible Marka (BAM) remains relatively stable against major currencies. Currently, BAM is trading at around 0.5834 against the US dollar, which is slightly below its three-month average of 0.5939. It has mostly traded within a narrow 4% range, indicating a steady market. The currency has weakened slightly in recent days, being about 1.8% below its recent average.
against the euro, BAM is at 0.5107, just below its recent three-month level, with little movement in a 1.7% range. The BAM also declined against the British pound, dropping near 0.4355—about 1.6% below its three-month average, with a stable range. Meanwhile, the BAM/USD and BAM/GBP pairs show some softness, but overall, the market is quite stable.
Key factors affecting BAM include the increase in Bosnia's foreign reserves and growth in money supply, which could influence the currency’s strength over time. Traders should keep an eye on these developments, as well as US dollar movements, especially in light of recent USD weakening after a softer jobs report.