What Is Bosnia and Herzegovina’s Currency? – What You Need to Know About the Bosnia-Herzegovina Convertible Mark (BAM)

💰 Bosnia and Herzegovina’s Official Currency

Bosnia and Herzegovina’s official currency is the Bosnia-Herzegovina Convertible Mark (BAM).
Its international currency code is BAM.

The Mark is the only legal tender in Bosnia and Herzegovina. The Euro, US Dollar, or any other foreign currency is not officially used. For daily expenses and all official transactions, the Bosnia-Herzegovina Convertible Mark (BAM) is valid.

🏛️ A Brief History of the Bosnia-Herzegovina Convertible Mark

The Convertible Mark entered circulation in 1998 after the country gained independence. Monetary policy is conducted by the Central Bank of Bosnia and Herzegovina.

The Mark plays an important role in the country’s economic stability and is pegged to the Euro at a fixed rate: 1 BAM ≈ 0.51129 EUR.

💹 Abbreviations and Symbols of the Bosnia-Herzegovina Currency

Basic information about the Convertible Mark:

• Abbreviation: BAM

• Symbol: KM

• Subunit: 1 Mark = 100 fening

Prices are generally expressed in Mark; fening is used for small-value purchases.

💱 Bosnia-Herzegovina Banknotes and Coins

📌 Banknotes

The main banknotes in circulation are:

• 10 BAM

• 20 BAM

• 50 BAM

• 100 BAM

• 200 BAM

• 500 BAM

📌 Coins

Coins used in daily life include:

• 5 fening

• 10 fening

• 25 fening

• 50 fening

• 1 BAM

• 2 BAM

• 5 BAM

💸 Can Money Be Sent from Türkiye to Bosnia and Herzegovina?

Yes.

With PayPorter, sending money from Türkiye to Bosnia and Herzegovina is fast, secure, and cost-effective.

Thanks to PayPorter’s international money transfer service and secure infrastructure, transfers to Bosnia and Herzegovina reach the recipient quickly.

🔹 PayPorter Advantages

• Ability to send money to more than 185 countries

• Affordable transaction fees

• Secure and licensed infrastructure

• Nearly 500 branches and agent locations

• Fast transfer process

You can visit the relevant page to send money from Türkiye to Bosnia and Herzegovina.

🌍 Can Bosnia and Herzegovina’s Currency Be Used in Türkiye?

No.
The Bosnia-Herzegovina Convertible Mark is not an official means of payment in Türkiye and is available only to a limited extent at exchange offices.

For financial transactions between Türkiye and Bosnia and Herzegovina, the Euro or US Dollar is generally preferred. Additionally, secure money transfers from Bosnia and Herzegovina to Türkiye can be made with PayPorter.

💡 Interesting Facts About Bosnia and Herzegovina’s Currency

• The Mark is one of the most reliable currencies in the Balkans.

• Card and contactless payments are widespread in major cities.

• Cash usage is still important, especially in small businesses.

• Banknote designs reflect Bosnian culture and history.

• Price tags are generally displayed only in BAM.

❓ Frequently Asked Questions About Bosnia and Herzegovina’s Currency (FAQ)

What is Bosnia and Herzegovina’s official currency?

Bosnia and Herzegovina’s official currency is the Bosnia-Herzegovina Convertible Mark (BAM).

Is the Euro valid in Bosnia and Herzegovina?

No. The Euro is not an official currency; however, it may be accepted in some tourist establishments.

Is only one currency used in Bosnia and Herzegovina?

Yes. The only legal and official means of payment is the Convertible Mark.

Can I send money from Türkiye to Bosnia and Herzegovina?

Yes. You can make fast and secure money transfers to Bosnia and Herzegovina with PayPorter.

Is credit card usage common in Bosnia and Herzegovina?

Yes. It is common in large cities and tourist areas.

Can money be withdrawn from ATMs in Bosnia and Herzegovina?

Yes. Most international cards are accepted; transaction fees may vary depending on the bank.

Last Uptade: January 2026

This content is provided for general informational purposes only and does not aim to cover all aspects of the topics discussed. The information herein should not be considered a substitute for advice from a qualified professional. Nothing in this publication should be interpreted as legal, tax, or professional advice provided by PayPorter or its affiliates. While we strive to keep our content accurate and up to date, we make no representations or warranties regarding the completeness, accuracy, or timeliness of the information provided.