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Currency

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Currency

Bosnia and Herzegovina’s Konvertibilna Marka (BAM) = 100 pfenings. Notes are in denominations of BAM 200, 100, 50, 20, 10 and 5. Coins are available in denominations of BAM 5, 2 and 1 as well as 50, 20, 10 and 5 pfenings. Most Euro notes - but not coins - are widely accepted.

CURRENCY BOSNIA AND HERZEGOVINA’S KONVERTIBILNA MARKA (BAM) = 100 PFENINGS. NOTES ARE IN DENOMINATIONS OF BAM 200, 100, 50, 20, 10 AND 5. COINS ARE AVAILABLE IN DENOMINATIONS OF BAM 5, 2 AND 1 AS WELL AS 50, 20, 10 AND 5 PFENINGS. MOST EURO NOTES - BUT NOT COINS - ARE WIDELY ACCEPTED. THE EURO AND US DOLLAR ARE THE PREFERRED FOREIGN CURRENCIES. THE CENTRAL BANK OF BOSNIA AND HERZEGOVINA ACTS AS A CURRENCY BOARD AND IS THE SOLE AUTHORITY FOR THE ISSUE OF THE BOSNIA AND HERZEGOVINA KONVERTIBILNA MARKA. ALL MAJOR CREDIT CARDS ARE WIDELY ACCEPTED AND ATMS CAN BE FOUND IN ALL URBAN AREAS FREQUENTED BY TOURISTS. CREDIT CARDS ARE ACCEPTED. BANKING HOURS REGULAR BANKING HOURS ARE MON-FRI 08.00-19.00. MOST BANKS ARE ALSO OPEN ON SATURDAY MORNING. EXCHANGE RATE INDICATORS. EXCHANGE RATE INDICATORS CURRENCY BOARD KEEPS KONVERTIBILNA MARKA PEGGED TO THE EURO. THEREFORE, THE EXCHANGE RATE BETWEEN TWO CURRENCIES IS FIXED AT €1.00= BAM 1.95583 SINCE THE EURO’S INTRODUCTION IN 1999. The Euro and US Dollar are the preferred foreign currencies. The Central Bank of Bosnia and Herzegovina acts as a Currency Board and is the sole authority for the issue of the Bosnia and Herzegovina Konvertibilna Marka.
All major credit cards are widely accepted and ATMs can be found in all urban areas frequented by tourists.

Credit cards are accepted.

Banking Hours

Regular banking hours are Mon-Fri  08.00-19.00. Most banks are also open on Saturday morning.

Exchange Rate Indicators.

Exchange Rate Indicators
Currency Board keeps Konvertibilna Marka pegged to the Euro. Therefore, the exchange rate between two currencies is fixed at €1.00= BAM 1.95583 since the Euro’s introduction in 1999.

 

 

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All prices are in USD.

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