Advanced Search

BOSNIA AND HERZEGOVINA

(BAM) Currency News >>

        

CURRENCY:

Bosnia and Herzegovina Konvertibilna Marka - BAM, Symbol KM

DENOMINATIONS:

NOTE: KM200, 100, 50, 20, 10, 5 and 1 and 50 pfenings.

COIN: KM2 and 1, and 50, 20 and 10 pfenings.

OTHER CURRENCY ACCEPTED:

You can use some euro notes as alternative to local currency - but it might be best to check this first. US Dollars are also accepted.

CREDIT/DEBIT CARDS AND ATMS:

Some credit cards are accepted, mainly in Sarajevo, but it is not generally advised to use these. Cash would be much more recommended.

CURRENCY EXCHANGE:

This is possible in the main cities.

TRAVELLER'S CHEQUES:

As mentioned, it is really best to use cash in Bosnia and it might be tricky to exchange traveller's cheques.

BANKING HOURS:

Mon-Fri 0800-1900

CURRENCY RESTRICTIONS:

Not specified but restrictions do apply.

COUNTRY OVERVIEW:

Bosnia and Herzegovina is situated in South Eastern Europe, and is surrounded by Croatia, Montenegro and Serbia. There are three main ethnic groups in this nation: Bosniak, Serb and Croat. Formerly belonging to the Socialist Federal Republic of Yugoslavia, Bosnia and Herzegovina has been independent since the Yugoslav wars of the 1990s. The capital is Sarajevo.

POPULATION:

3,981,239

ECONOMY:

Bosnia is famous for it's war during the 1990s, and is still in the process of re-building itself since that time. Market reforms are being introduced. The war caused GDP to fall 75%, a huge amount. This amount has increased by around 10%, however high unemployment figures are more worrying. On a positive note, tourism to the country is growing and gaining strength. Bosnia and Herzegovina is generally a cash-only economy.

TRAVEL CURRENCY PRODUCTS:

        


Please Note: www.whichwaytopay.com is not authorised to give advice under the Financial Services and Markets Act 2000.

All of the Links, textural data, and image data is provided for informational purposes only.

Click here to view our Disclaimer

 

 

 

 

 

News and ChartsNEWS / CHARTS

Instalment Loans. New Product Range on Which Way To Pay
29 October 2014 - Which Way To Pay
Instalment Loans - We have a new Product Range on Which Way To Pay UK Website
Read More >>
Short Term Loans. New Product Range on Which Way To Pay
29 October 2014 - Which Way To Pay
New on Which Way To Pay. Product Range: Short Term Loans
Read More >>
Current bank account complaints increase as the packages offered fail to deliver to customers
07 October 2014 - Which Way To Pay
Many Bank accounts are continuing to apply unwanted fees for 'packages' that aren't being delivered
Read More >>
Telephone Enquiries Helpline
+44 (0) 207 386 5300

Register for newsletter