What Currency Does Bosnia Use?
Bosnia and Herzegovina uses the convertible mark, usually written KM locally and coded BAM internationally.
SHORT ANSWER
The currency is the convertible mark (KM/BAM).
It is fixed to the euro at 1 EUR = 1.95583 KM — roughly 2 KM for €1.
FIXED RATE
The mark is pegged to the euro
The Central Bank operates a currency-board system. The legal fixed rate is 1 EUR = 1.95583 KM, so a quick mental conversion of €1 ≈ 2 KM is usually close enough for everyday travel budgeting.
WHAT YOU WILL SEE
Locals usually write KM
International booking systems may show BAM, while menus, shops and receipts usually use KM. They refer to the same convertible mark.
PAYING
Use local currency as your default
Even where a tourist business accepts euros, prices and change are normally best understood in KM. Card terminals and ATMs should be treated as local-currency transactions unless you deliberately choose otherwise.
FAQ
Quick questions
What does BAM mean?
BAM is the international currency code for the Bosnia and Herzegovina convertible mark.
What does KM mean?
KM is the abbreviation commonly used inside Bosnia and Herzegovina.
What is the euro exchange rate?
The official fixed rate is 1 EUR = 1.95583 KM.