Bosnia and Herzegovina Convertible Mark to Panamanian Balboa | Bank

The Bosnia and Herzegovina Convertible Mark (BAM) is the official currency of Bosnia and Herzegovina. It was introduced in 1995 and is pegged to the Euro.

The Panamanian Balboa (PAB) is the official currency of Panama. It has been pegged to the US dollar at a rate of 1:1 since its introduction in 1904. While Panama uses US dollar bills, they mint their own Balboa coins. The currency is named after the Spanish explorer Vasco Núñez de Balboa.