Bahrain Currency to Naira: Understanding the Currency and Exchange

The Bahraini Dinar is the official currency of Bahrain, and it's pegged to the US Dollar at a fixed rate of 1 USD = 0.3765 BHD.

To exchange Bahraini Dinar to Naira, you'll need to find a reputable currency exchange service or a bank that offers this service. The exchange rate may vary depending on the service provider and the current market rate.

The exchange rate between the Bahraini Dinar and the Nigerian Naira is subject to fluctuations in the foreign exchange market. You can check the current exchange rate on websites like XE.com or Oanda.com.

In Bahrain, you can exchange your currency at a bank, currency exchange office, or a hotel. However, the exchange rates may not be favorable, and you might end up with a lower exchange rate than what you'd get at a currency exchange service.

Currency exchange rates can be confusing, but understanding them is crucial when traveling or doing business abroad. The current exchange rate for Bahraini Dinar to Nigerian Naira is 1 BHD = 4,113.72 NGN.

To give you a better idea of the exchange rate, here are some examples of how much you can get for different amounts of BHD:

As you can see, the exchange rate is quite favorable for those exchanging BHD to NGN. In fact, as of January 13, 2025, the best BHD to NGN exchange rate is 4,113.72 NGN. This means that for every Bahraini Dinar you exchange, you will receive 4,113.72 Nigerian Nairas.

Keep in mind that exchange rates can fluctuate over time, so it's essential to check the current rate before making any transactions. Over the past 30 days, the BHD to NGN exchange rate has reached a high of 4,183.50 and a low of 4,077.20, with an average rate of 4,110.69.

The Bahraini dinar (BHD) is the official currency of Bahrain, and it's been in circulation since 1965. It's a highly valued currency, officially pegged to the U.S. dollar at a rate of 1 BD = 2.659 USD.

The BHD is made up of 1,000 fils and often uses the symbol BD when trading. You can find banknotes with denominations of 0.5, 1, 5, 10, and 20 dinars, while coins are valued at 5, 10, 25, 50, 100, and 500 fils.

The Central Bank of Bahrain manages the currency, and it's responsible for overseeing both conventional and Islamic banks, as well as insurance, investment firms, brokers, and other financial institutions.

The Bahraini dinar has been pegged to the IMF's Special Drawing Rights (SDR) since 1980, with a fixed rate of 0.376 dinars to $1 USD. This peg has been maintained despite some volatility in the region.

Here's a brief overview of the Bahraini dinar banknotes:

The Bahraini dinar is the second-highest valued currency in the world, after the Kuwaiti dinar (KWD).

The Nigerian Naira (NGN) is the official currency of Nigeria, and it's often used in transactions with the Bahraini Dinar (BHD).

You can convert BHD to NGN using online tools, and the exchange rate is updated every 1 minute.

If you're looking to convert a specific amount, you can use the exchange rate table to get an idea of how much NGN you'll get for your BHD. Here's a breakdown of the exchange rate for different amounts of BHD:

Keep in mind that the exchange rate can fluctuate, so it's always a good idea to check the current rate before making a transaction.

The Bahraini Dinar (BHD) has a complex history when it comes to its exchange rate with the Nigerian Naira (NGN).

You can find the full history of the exchange rate by visiting the BHD/NGN Exchange Rates History page.

The exchange rate has fluctuated significantly over the past few days.

On Friday, 03/01/2025, 200 BHD was equivalent to 818685.9358 NGN.

Here's a breakdown of the exchange rate for the past week:

The exchange rate can be affected by various factors, including global economic trends.

The Bahraini Dinar (BHD) can be converted to Nigerian Naira (NGN) using various exchange rates. The current exchange rate is 4,113.72 NGN per BHD, as of January 13, 2025.

To get the best exchange rate, it's essential to check the current rate, which can fluctuate over time. The low point in the last year was 2,311.97 NGN per BHD on January 18, 2024.

The exchange rate can be checked using various tools, such as online currency converters or mobile apps. These tools can provide real-time updates and help you make informed decisions.

Here are some common conversion rates:

Keep in mind that exchange rates can change frequently, so it's crucial to check the current rate before making any transactions. You can also download historical data to track changes over time.

The Bahraini Dinar has increased +0.23% year-to-date against the Nigerian Naira, making it a good time to invest or exchange currency.

As a tourist in Bahrain, it's good to know that there's no restriction on the amount of cash you can bring with you. However, you may be asked by Customs to declare how much cash you have on you.

You can exchange your cash for the local currency, the Bahraini Dinar (BHD), at the airport or at a currency exchange office. The exchange rate may vary depending on the location and the time of exchange.

According to Xe, the exchange rate for 1 BHD to USD is around 2.65 USD. You can use this information to estimate how much your cash is worth in USD before you exchange it.

There's no need to worry about carrying large amounts of cash, as credit cards and ATMs are widely accepted in Bahrain. However, it's always a good idea to have some local currency with you, especially for small purchases or when using public transportation.

As a tourist in Bahrain, you'll want to know how much cash you can bring with you. There is no restriction on the amount of cash you can bring to Bahrain as a tourist.

However, you may be asked by Customs to declare how much cash you have on you. This is a common practice to ensure that you're not bringing in large amounts of cash for illicit activities.

You can use the Bahraini Dinar (BHD) as your local currency, which is also known as the "strongest currency" in the world, according to the OANDA website.

To give you a better idea of the exchange rate, here's a quick conversion: 1 BHD is equivalent to approximately 2.65 USD, according to the Xe website.

It's worth noting that the Central Bank of Bahrain is responsible for issuing the Bahraini Dinar, and you can find more information about the currency issue on their website.

As a tourist, it's always a good idea to have some local currency with you, especially when you arrive in Bahrain.

The best time to exchange currency for your trip is a crucial consideration. The BHD and NGN can be traded 24x5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York.

If you're looking to convert Bahraini Dinars to Nigerian Nairas, consider doing it between 3-4 PM GMT, as currency market liquidity and trading volume tend to be the highest during this time.

Converting your currency early in the week is also a good idea if you need NGN urgently.