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Easily convert BAM to XDR with ConvertOnline's efficient tool.
The Bosnia-Herzegovina Convertible Mark (BAM) is the official currency of Bosnia and Herzegovina, introduced in 1998. It is pegged to the Euro, which helps to stabilize its value and facilitates trade within the region and with European countries.
Special Drawing Rights (XDR) is an international reserve asset created by the International Monetary Fund (IMF) to supplement its member countries' official reserves. It is not a currency in the traditional sense but rather a financial instrument that can be exchanged among member countries for freely usable currencies to stabilize their economies and support international trade.