Bahraini dinar

About The Bahraini dinar: The Currency of Bahrain

Quick Facts About the Bahraini dinar Notes

Country of Origin	Bahrain
Symbol	.د.ب (Arabic), BD (Latin)
Currency Code	BHD
Nick Names	None
Minor units	Fils
Denominations (Banknotes)	½, 1, 5, 10 and 20 dinars
Motto
Identification Feature	The 20 dinar note features the image of King Hamad ibn Isa Al Khalifah.
Issuing Bank	Central Bank of Bahrain
In Circulation Since	1965

Located in the Persian Gulf next to Saudi Arabia, the island country of Bahrain is affluent due to its thriving oil and gas sector. The dinar is Bahrain's national currency, and all financial transactions are conducted using it. The currency code for it is BD or BHD. The Central Bank of Bahrain issues banknotes and coins. In banknotes, you can find these denominations: 1/2 dinar, 1 dinar, 5 dinars, 10 dinars, 20 dinars. When it comes to coins, these denominations are available: 1 fil, 5 fils, 10 fils, and 100 fils, respectively. The bahraini dinar symbol is .د.ب.

The current rate of Bahraini Dinar is INR (0 🔄) . You can keep an eye on the live Bahraini Dinar value.

History of the Bahraini dinar

In 1965, the Gulf rupee was replaced by the Bahraini dinar, with a conversion rate of 10 rupees to 1 dinar. At first, it was worth around 3/4 of a pound (15 shillings). To coincide with this, the first Bahraini currency and paper currency were issued.

TIn 1965, the Bahraini Dinar became the country's official currency (BHD). Since 1980, the value of one dinar has been fixed at 0.376 dinars to one dollar in accordance with the Special Drawing Rights (SDR) of the International Monetary Fund. The fluctuations in the currency have been largely caused by instability in the region, although the peg has been maintained so far.

In the year 2006, the Bahrain Agency transitioned into its new role as the Central Bank of Bahrain (CBB). Both conventional and Islamic financial institutions are subject to the CBB's oversight. It has jurisdiction over a wide range of financial institutions, including investors, brokers, and insurers, amongst others.

In 2008, the Central Bank of Bahrain issued a new series of notes to honour the development and history of the island nation. When travelling to Bahrain, you can use any Saudi Riyal except the 500 Riyal.

In 2016, after a period of delay, new notes issued by the Central Bank including enhanced security measures were introduced into circulation. The newly updated notes include raised lines, which were added for the benefit of people who have trouble seeing.

Countries Accepting the Bahraini dinar

Amount in the Bahraini dinar You Should Carry for Your Trip

The total cost of your trip to the Bahrain will be determined by a number of factors, including the mode of transportation you choose, the hotel you choose and where you choose to dine out. If you want to go on vacation and meet all of your needs, budget around BHD 25 per day. If you indulge on things like private transportation, meals at Michelin-starred restaurants, and stays at five-star hotels, a luxury vacation may easily cost more than BHD 150 per day.

However, if you and your partner are considering taking a vacation, you should be aware that the overall cost of the trip could range from BHD 60 to BHD 400, depending on the details of the trip. A single night's stay in the Bahrain can range from BHD 15 to 70 per person per day, depending on the hotel. Your daily transportation costs could range from BHD 4 to BHD 30 per day depending on whether you walk, ride the bus, or call a cab.

You can check out the Bahraini dinar to inr today to start planning your trip.