Bosnia Currency to Usd: Understand the Current Rate and Trends

The Bosnian currency, known as the Convertible Mark (BAM), has a fluctuating exchange rate with the US dollar. As of now, 1 BAM is equivalent to approximately 0.50 USD.

To give you a better idea of the current rate, let's take a look at the historical data. In the past year, the BAM has experienced a moderate decline against the USD, with a 5% drop in value.

This decline is largely attributed to economic factors such as inflation and trade deficits. The Bosnian government's efforts to stabilize the economy have been ongoing, but the impact on the currency is still being felt.

If you're planning a trip to Bosnia, understanding the current exchange rate can help you budget accordingly.

To convert Bosnia and Herzegovina Marka to US Dollars, you can use the exchange rate chart provided. The average exchange rate over the period of February 1, 2024 to January 31, 2025 was 0.5508 US Dollars per Bosnia and Herzegovina Marka.

You can also use a conversion rate table to find the equivalent value of a specific amount of Bosnia and Herzegovina Marka in US Dollars. For example, 1 Bosnia and Herzegovina Marka is equivalent to 0.5298 US Dollars.

Here's a table showing the conversion rates for different amounts of Bosnia and Herzegovina Marka to US Dollars: Bosnia and Herzegovina MarkaUS Dollar1 BAM0.5298 USD5 BAM2.6492 USD10 BAM5.2983 USD100 BAM52.983 USD

The Live Converter is a powerful tool that allows you to convert Bosnia and Herzegovina Marka to US Dollars in real-time. This tool is essential for anyone traveling to Bosnia and Herzegovina or doing business with the country.

To use the Live Converter, simply enter the amount of Marka you want to convert, and the tool will give you the equivalent amount in US Dollars. For example, as of February 2, 2025, 100 Bosnia and Herzegovina Marka is equivalent to 52.983 US Dollars.

The Live Converter is also useful for tracking the exchange rate over time. According to the exchange rate history, the BAM to USD exchange rate has fluctuated between $0.52111 and $0.53751 over the past 30 days, with an average rate of $0.52944.

Here's a breakdown of the exchange rate history:

The Live Converter also allows you to compare exchange rates from different sources. For example, the interbank rate is 0.53 USD per BAM, while the ATM rate is 0.52 USD per BAM, and the credit card rate is 0.51 USD per BAM.

Overall, the Live Converter is a valuable tool for anyone who needs to convert Bosnia and Herzegovina Marka to US Dollars. Whether you're traveling, doing business, or just curious about the exchange rate, the Live Converter has got you covered.

The best time to convert your currency depends on your specific needs and goals.

The BAM and USD can be traded 24x5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York.

If you need to convert Bosnia and Herzegovina Marka to US Dollars urgently, it's advisable to do so early in the week.

The period between 3-4 PM GMT is often a good time to convert Bosnia and Herzegovina Marka to US Dollars, as currency market liquidity and trading volume tend to be the highest during this time.

Executing a trade late in the week might result in a delayed settlement until the following week, as forex markets are closed on weekends.

The Bosnia and Herzegovina Marka has taken a hit in value over the past six months, with a decrease of -5.52% compared to the US Dollar.

Looking at historical data, we can see that the BAM/USD rate has fluctuated over time.

This chart shows data from 2024-8-8 to 2025-2-4, giving us a clear picture of the Marka's performance during this period.

The data shows that the Marka has decreased in value compared to the US Dollar, with the BAM/USD rate down -5.52% in the six months.

The current BAM to USD exchange rate is 0.5298 USD as of February 2, 2025, at 04:00 AM UTC. This means you'll get 0.5298 US Dollars for every Bosnia and Herzegovina Marka you exchange.

The lowest BAM to USD exchange rate in the last year was 0.5211 US Dollars per Bosnia and Herzegovina Marka on January 13, 2025.

The conversion rates between the Bosnia and Herzegovina Marka (BAM) and the US Dollar (USD) can be found in the conversion charts and tables provided. The average exchange rate over a period of time was 0.5508 US Dollars per Bosnia and Herzegovina Marka.

You can also compare exchange rates between different providers, including interbank rates, ATM rates, credit card rates, and kiosk rates. For example, the interbank rate offers an exchange rate of 0.53 USD per 1 BAM with no transfer fee.

Here's a comparison of different exchange rates:

Keep in mind that the transfer fees can add up, so it's essential to choose the right provider for your needs.

The Bosnia and Herzegovina Mark, also known as the Mark Currency, is the official currency of Bosnia and Herzegovina. Introduced in 1998, it replaced the Yugoslav dinar.

The Mark Currency has an ISO Code of BAM and is fixed to the euro. This means that its value is tied to the euro, which helps stabilize the economy and facilitate trade within the country.

As of February 2, 2025, the best exchange rate for BAM to USD is 0.5298 USD. This is a crucial piece of information for anyone looking to exchange their Mark Currency for US Dollars.

The Central Bank of Bosnia and Herzegovina is responsible for managing the Mark Currency. It plays a vital role in maintaining the currency's value and ensuring its stability.

The average exchange rate for BAM to USD over the period of 2024-2-1 to 2025-1-31 was 0.5508 US Dollars per Mark Currency.