The currency in Bosnia and Herzegovina is the convertible mark, shown as KM or BAM. Before travelling, it is helpful to know that cards are accepted in many places, while cash can still be important, especially outside larger cities.
You can usually pay by card in hotels, larger supermarkets, shopping centres, restaurants and petrol stations. However, smaller cafés, local shops, markets, taxis and rural areas may accept cash only. It is therefore practical to keep a small amount of KM with you.
You can withdraw money from an ATM, and banks and exchange offices offer currency exchange for euros and other currencies. Before confirming an ATM withdrawal, check for possible fees from your bank or the ATM operator. If the ATM offers to convert the transaction into your home currency, it is often better to be charged in KM and let your own bank handle the conversion.
For everyday expenses, a combination of card and cash works well: use your card for larger purchases and keep a few KM banknotes for small payments or places where cards are not accepted.
Before your trip or while you are in the country, check the current exchange relationship with the Bosna365 Currency tool. Rates can vary depending on the bank, card and fees, so the display is a useful guide before exchanging money or paying.