Currency Bosnia and Herzegovina: What you need to know the tourist?

Another wonderful country of old Europe - Bosnia and Herzegovina.Let's get acquainted with this country, as well as find out which currency on its territory can pay.

little about the country

Bosnia and Herzegovina - a unique state of Eastern Europe.How does it differ?

Let's list:

  • state is a union of two independent administrative units - Bosnia and Herzegovina;
  • country practically is an equivalent of three religions - Catholicism, Islam and Orthodoxy;
  • people speak three languages: Bosnian, Croatian, Serbian.

In addition, Bosnia and Herzegovina, a pleasant climate with cool summers (average temperature 16 - 25 ° C) and frostfree in winter (average temperature of 0 - -10 ° C).

And the rest of Bosnia and Herzegovina can, cultural, and sports.On the territory of the country there are many architectural monuments, parks and attractions, for many cities, especially the capital, Sarajevo, retained practically its original appearance.Excursions can be alternated with a visit to the ski resort, which is a large number, and all thanks to the geographical location of the country.

Monetary History of State

From time to time the currency of Bosnia and Herzegovina has changed.So, during the reign of Austria-Hungary was considered the official currency of Austro-Hungarian krone.And when the government acceded to the Socialist Federal Republic of Yugoslavia (SFRY), the money of Bosnia and Herzegovina in the Yugoslav dinar replaced.

During World War II, as the neighboring territories are in circulation were Reichsmark, Italian lira, Bulgarian Lev, Serbian dinar, pengos Hungary, Croatian kuna, the Franks Albania.And in the period between the end of the occupation and until 1990 are back Yugoslav dinars.

In 1995, after the civil war in Bosnia, according to the Dayton Agreement on a Ceasefire and offensive truce government introduced a new currency - convertible mark (BAM or KM).

Currency Bosnia and Herzegovina

YOU and today continues to be the national currency of the State.

issue convertible mark next denomination:

  • banknotes - 1, 5, 10, 20, 50, 100, 200;
  • coins - 1, 2.

Mark (BAM) is equal to one hundred pfennigs.The coins are worth 5, 10, 20, 50 pfennig.

convertible mark each denomination are available in two types - for the Bosnian Federation and the Republika Srpska.Their difference lies in the images and the language in which the labels are made.At present all the bills the mandatory watermark - a monogram of the Central Bank.On the front side of the banknote flaunt political and cultural figures of Bosnia and Herzegovina: Jovan Jukic (nominal YOU 1) Mesha Selimovic (VAM 5), M. Dizhdar (10 BAM), Antun Simic (20 BAM), Mussa Kazim Katich (50 BAM)Nicola Shop (100 BAM), Ivo Andric (200 BAM).

Currency Exchange

As in other countries, the exchange of money in Bosnia and Herzegovina is better for making in banks and official exchange offices (eg, hotels), as in the street there is the possibility of fraud.

Hours Most banks from 8:00 to 19:00 on weekdays and on Saturday and Sunday - closed.

As for the rate, the convertible mark is highly dependent on the euro (EUR 1 to 2 BAM) and the dollar (1.4 to 1 YUSD YOU).As for the Russian ruble, the situation is as follows: 1 RUR = 0.04 YOU.Course Set approximate and may vary slightly.

Financial Tourist

few financial tips that are useful when traveling to the country:

  • euros - the second currency of Bosnia and Herzegovina, which can be freely pay in the country, but only to tourists in tourist areas;
  • agreed in advance in the taxi route and its cost;
  • customary to leave a tip taxi drivers (if they helped you to put and remove luggage) as well as restaurants and hotels - 10% of the total;
  • the official currency of Bosnia and Herzegovina and the euro - are not the only means of payment for the tourist, in some areas you can pay and Serbian dinars and Croatian Coons;
  • to accomplish a reverse exchange when leaving the state must provide receipts resulting from the first conversion;
  • credit cards such as Visa and Maestro are not made everywhere, and they can be cashed only in banks and major metropolitan post offices, as well as in a few hotels, restaurants, shops;work with the cards of other systems in the state is extremely difficult;
  • traveler's checks are cashed only in banks;
  • the cost of services should be carefully negotiated in advance, and the money in advance (deposit) better not to give in order to prevent fraud;
  • if the police requires you to pay a fine (for example, you rented a car and broke the rules of the road), a receipt is required, which can be paid in the bank and not paid in cash;
  • shops are open from 8:00 to 20:00 on weekdays, and on weekends - until 14:00.