Bosnia and Herzegovina konvertibilna marka (BAM)

The Bosnia and Herzegovina konvertibilna marka, coded as BAM and commonly symbolized as KM, is the official currency of Bosnia and Herzegovina. Introduced under the 1995 Dayton Agreement to replace local currencies, it was initially pegged at a 1 to 1 ratio with the Deutsche Mark. Following the adoption of the euro, its value was fixed permanently to the euro at approximately 1.95583 KM per euro.