Sarajevo (and Bosnia and Herzegovina) is classified as middle-expensive city in comparison to the rest of Europe. Although the economy in Bosnia and Herzegovina is growing every year and the expat community is thriving, cost are following slowly but do not expect Western European costs. If you like going out, meeting friendly welcoming locals, you will surely love Sarajevo.
The local currency is the convertible mark (BAM or KM).
1 € = 1,95 KM
1 $ = 1,80 KM
Official currency exchange is provided on official website of the Central bank of Bosnia and Herzegovina.
Monetary unit of Bosnia and Herzegovina is “convertible mark” (KM).
Convertible mark is divided in hundred of „fenings“ (F).
In circulation are following KM banknotes with five different denominations: KM 10, KM 20, KM 50, KM 100 and KM 200.
Specimen of bank notes can be checked on the official website of Central Bank of Bosnia and Herzegovina.
Credit cards are generally accepted in top hotels and restaurants and some shops. ATMs are becoming increasingly common in bigger cities and even smaller towns. However, an emergency supply of cash is still advisable.