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Convert Bosnian Mark to Icelandic Krona

Instantly convert Bosnian Mark (KM) to Icelandic Krona (kr) with our free online calculator.

Reviewed by Christopher FloiedUpdated

Reference Table

Bosnian Mark (KM)Icelandic Krona (kr)
11
55
1010
5050
100100
10001000

How to Convert Bosnian Mark to Icelandic Krona

Live Exchange Rate Conversion

Convert Bosnian Mark (KM) to Icelandic Krona (kr) using live exchange rates updated hourly. The rate reflects the current mid-market price โ€” the most accurate reference for currency comparison.

Step-by-Step

  1. Open the KM to KR converter above.
  2. Enter the amount you want to convert in the KM (Bosnian Mark) input field.
  3. The converter fetches the latest exchange rate and instantly shows the equivalent value in KR (Icelandic Krona).
  4. Use the swap button to reverse the conversion direction if needed.

About Bosnian Mark (KM)

The Bosnia and Herzegovina Convertible Mark (BAM, ISO 4217 code 977, symbol KM or ะšะœ) is the official currency of Bosnia and Herzegovina, issued by the Central Bank of Bosnia and Herzegovina (CBBH, est. 1997). Subdivided into 100 fening (or feninga). Banknotes: KM10, KM20, KM50, KM100, KM200 (the highest denomination; banknotes are issued in two parallel sets โ€” one for the Federation of Bosnia and Herzegovina featuring Bosniak/Croat historical figures including Skender Kulenoviฤ‡ and Ivo Andriฤ‡, and one for Republika Srpska featuring Serbian historical figures including Petar Koฤiฤ‡ and Branko ฤ†opiฤ‡ โ€” though both are legal tender throughout the country); coins: KM0.05, KM0.10, KM0.20, KM0.50, KM1, KM2, KM5. BAM is pegged to the Euro at BAM1.95583 per EUR via a Currency Board Arrangement (the same fixed rate as the Bulgarian lev) โ€” making BAM effectively a EUR proxy. The convertible mark was introduced 1998 as part of the Dayton Peace Agreement post-war reconstruction (replacing wartime currencies โ€” the BiH dinar, Croatian dinar, Yugoslav dinar in different ethnic enclaves). BiH is an EU candidate since December 2022 but accession negotiations have not formally opened.

About Icelandic Krona (kr)

The Icelandic Krรณna (ISK, ISO 4217 code 352, symbol kr) is the official currency of Iceland, issued by the Central Bank of Iceland (Seรฐlabanki รslands, est. 1961). Subdivided into 100 aurar (singular: eyrir, plural: aurar โ€” no longer in circulation since 2003). Banknotes: kr500 (poetess Jรณnas Hallgrรญmsson), kr1,000 (Bishop Brynjรณlfur Sveinsson), kr2,000 (painter Jรณhannes Sveinsson Kjarval), kr5,000 (suffragist Ragnheiรฐur Jรณnsdรณttir), kr10,000 (poet Jรณnas Hallgrรญmsson, introduced October 2013 โ€” the highest denomination); coins: kr1, kr5, kr10, kr50, kr100. The krรณna was famously the only OECD national currency to declare formal default during the Global Financial Crisis โ€” Iceland's three largest banks (Glitnir, Landsbanki, Kaupthing) collapsed October 2008, ISK lost ~50% of its value, and Iceland imposed capital controls (lifted gradually 2016-2017). Iceland is not in the EU (twice rejected EU accession โ€” 2002 referendum, 2013 accession freeze under PM Gunnlaugsson) and uses ISK as its sole legal tender. The Seรฐlabanki targets 2.5% CPI inflation per the Inflation-Targeting framework adopted March 2001. Iceland has ~390,000 population and is one of the world's wealthiest per-capita nations.

Quick Facts

  • Bosnian Mark (KM) is a currency unit
  • Icelandic Krona (KR) is a currency unit
  • Exchange rates are updated hourly from live market data
  • Rates shown are mid-market (interbank) rates
  • This conversion is commonly used in international travel, online shopping, and business transactions
  • Use the swap button to convert KR back to KM

Understanding Bosnian Mark

The Bosnian Mark (symbol: KM) is a unit of currency. The Bosnia and Herzegovina Convertible Mark (BAM, ISO 4217 code 977, symbol KM or ะšะœ) is the official currency of Bosnia and Herzegovina, issued by the Central Bank of Bosnia and Herzegovina (CBBH, est. 1997). Subdivided into 100 fening (or feninga). Banknotes: KM10, KM20, KM50, KM100, KM200 (the highest denomination; banknotes are issued in two parallel sets โ€” one for the Federation of Bosnia and Herzegovina featuring Bosniak/Croat historical figures including Skender Kulenoviฤ‡ and Ivo Andriฤ‡, and one for Republika Srpska featuring Serbian historical figures including Petar Koฤiฤ‡ and Branko ฤ†opiฤ‡ โ€” though both are legal tender throughout the country); coins: KM0.05, KM0.10, KM0.20, KM0.50, KM1, KM2, KM5. BAM is pegged to the Euro at BAM1.95583 per EUR via a Currency Board Arrangement (the same fixed rate as the Bulgarian lev) โ€” making BAM effectively a EUR proxy. The convertible mark was introduced 1998 as part of the Dayton Peace Agreement post-war reconstruction (replacing wartime currencies โ€” the BiH dinar, Croatian dinar, Yugoslav dinar in different ethnic enclaves). BiH is an EU candidate since December 2022 but accession negotiations have not formally opened.

Bosnian Mark are commonly used in international travel, online shopping, and business transactions.

Understanding Icelandic Krona

The Icelandic Krona (symbol: kr) is a unit of currency. The Icelandic Krรณna (ISK, ISO 4217 code 352, symbol kr) is the official currency of Iceland, issued by the Central Bank of Iceland (Seรฐlabanki รslands, est. 1961). Subdivided into 100 aurar (singular: eyrir, plural: aurar โ€” no longer in circulation since 2003). Banknotes: kr500 (poetess Jรณnas Hallgrรญmsson), kr1,000 (Bishop Brynjรณlfur Sveinsson), kr2,000 (painter Jรณhannes Sveinsson Kjarval), kr5,000 (suffragist Ragnheiรฐur Jรณnsdรณttir), kr10,000 (poet Jรณnas Hallgrรญmsson, introduced October 2013 โ€” the highest denomination); coins: kr1, kr5, kr10, kr50, kr100. The krรณna was famously the only OECD national currency to declare formal default during the Global Financial Crisis โ€” Iceland's three largest banks (Glitnir, Landsbanki, Kaupthing) collapsed October 2008, ISK lost ~50% of its value, and Iceland imposed capital controls (lifted gradually 2016-2017). Iceland is not in the EU (twice rejected EU accession โ€” 2002 referendum, 2013 accession freeze under PM Gunnlaugsson) and uses ISK as its sole legal tender. The Seรฐlabanki targets 2.5% CPI inflation per the Inflation-Targeting framework adopted March 2001. Iceland has ~390,000 population and is one of the world's wealthiest per-capita nations.

Icelandic Krona are commonly used in international travel, online shopping, and business transactions.

Why Convert Bosnian Mark to Icelandic Krona?

When travelling abroad, shopping from international retailers, or managing cross-border business payments, converting between Bosnian Mark and Icelandic Krona is an everyday necessity. Freelancers invoicing international clients, investors monitoring foreign markets, and students comparing cost-of-living data all benefit from instant, accurate currency conversion with live exchange rates.

Frequently Asked Questions

How do I convert Bosnian Mark to Icelandic Krona?

Enter any KM amount in the converter above. It automatically fetches the latest exchange rate and instantly calculates the equivalent KR value. No manual calculation is needed.

How often is the KM/KR exchange rate updated?

MegaCalc updates currency exchange rates hourly from live market data. The rate displayed reflects the current mid-market rate at the time of conversion.

What is the mid-market KM/KR exchange rate?

The mid-market rate is the midpoint between the buy and sell prices on the global foreign exchange market. It is the most accurate reference rate for comparing currencies. Banks and exchange services add a spread on top of this rate, so the rate you receive at a bank or airport will differ slightly.

Can I convert KR back to KM?

Yes. Use the swap button on the converter to reverse the conversion direction and calculate KR to KM instantly at the current exchange rate.

Why do I need to convert Bosnian Mark to Icelandic Krona?

KM to KR conversions are needed for international travel, online shopping from foreign retailers, cross-border business payments, and comparing prices or costs across countries. Investors and freelancers working with multiple currencies also rely on accurate exchange rate data for financial planning.

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