Convert Bosnian Convertible Mark to Philippine Peso
Convert Bosnian Convertible Mark (BAM) to Philippine Peso (PHP) using daily updated exchange rates.
Loading exchange rates...
Exchange Rate
Exchange rates are updated daily.
Loading current rate...
About Bosnian Convertible Mark
The Bosnian Convertible Mark (BAM) was introduced in 1995 following the Dayton Peace Agreement that ended the Bosnian War. It replaced the Bosnian dinar and has been pegged to the Euro at a fixed rate of 1.95583 BAM per EUR since 1998 (originally pegged to the Deutsche Mark). This currency board arrangement ensures full convertibility and monetary discipline. The Central Bank of Bosnia and Herzegovina issues the BAM but has no power to conduct independent monetary policy due to the peg. The "marka" design on banknotes reflects both Bosniak and Croat cultural heritage.
About Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, an archipelago nation of over 7,000 islands in Southeast Asia. Introduced in its modern form in 1949 when the Central Bank of the Philippines was established, the peso replaced the controlled "win" currency used during and after World War II. Bangko Sentral ng Pilipinas (BSP) manages monetary policy with a managed float. The Philippines is one of Asia's fastest growing economies, with remittances from over 10 million overseas Filipino workers (OFWs) forming a critical economic pillar representing about 10% of GDP.
Quick Reference Table
| Bosnian Convertible Mark (BAM) | Philippine Peso (PHP) |
|---|---|
| Loading rates... | |
Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).