Money & duty free for Bosnia and Herzegovina

Exchange rates:

Bosnia and Herzegovina Konvertibilna Marka
€1 = KM1.95
£1 = KM2.48
US$1 = KM1.46

Currency & Money

Currency information

Bosnia and Herzegovina Konvertibilna Marka (BAM; symbol KM) = 100 feninga. Notes are in denominations of KM200, 100, 50, 20, 10, 5 and 1 and 50 feninga. Coins are available in denominations of KM2 and 1, and 50, 20 and 10 feninga. Some Euro notes (but not coins) are widely accepted.

Credit cards

Credit cards are generally accepted in top hotels and restaurants, and some gift shops. ATMs are becoming increasingly common in cities like Sarajevo, Mostar and Banja Luka, and even smaller towns. However, an emergency supply of cash is still advisable.

ATM

ATMs are becoming increasingly common in cities like Sarajevo, Mostar and Banja Luka, and even smaller towns.

Travellers cheques

Bosnia and Herzegovina is mostly a cash-only economy and traveller's cheques are exchanged only at select banks.

Banking hours

Mon-Fri 0800-1900.

Currency restriction

The import and export of local currency are limited to KM200,000. There are no restrictions on the import and export of foreign currencies.

Currency exchange

The Euro and US Dollar are the preferred foreign currencies. The Pound Sterling is rarely used. Some shops will accept Euro cash for payment on a 2KM = 1 Euro basis.

Bosnia and Herzegovina duty free

The following goods may be imported into Bosnia and Herzegovina by travellers aged 17 and over without incurring customs duty:

• 200 cigarettes or 100 cigarillos or 250g of tobacco.
• 1L of spirits over 22% and 2L of wine.
• 60ml of perfume and 250ml of eau de toilette.
• Gifts and souvenirs to the value of KM200 (around US$140).

Banned imports

You must apply for a permit to import sporting or hunting weapons and ammunition.

Banned exports

Works of art.

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