BAM / ZAR

The Bosnia and Herzegovina convertible mark is the official currency of Bosnia and Herzegovina. Introduced in 1998 to replace the wartime dinar, it was designed to be fully convertible and is pegged at a fixed rate of 1.95583 marks to the euro, providing stability in the post‑conflict economy.

Issued by the Central Bank of Bosnia and Herzegovina, the mark is subdivided into 100 feninga and is commonly denoted by the symbol KM. Banknotes feature prominent national figures and landmarks, while coins display the three official languages. A quirky fact is that the currency’s name and symbol echo the former German mark, reflecting historical ties to the region’s Austro‑Hungarian past.