The Bahrain One Dinar is the official currency of Bahrain, introduced in 1965 to replace the Gulf rupee. It's a widely accepted and stable currency.
Bahrain One Dinars are subdivided into 1,000 fils, with coins available in denominations of 5, 10, 25, and 50 fils.
What is Bahrain One Dinar
Bahrain One Dinar is a unique currency note that was introduced in 2018 by the Central Bank of Bahrain. It's a commemorative note that marks the 15th anniversary of the Bahraini Dinar's introduction as a currency.
The note features a portrait of His Majesty King Hamad bin Isa Al Khalifa and a design that reflects the country's rich history and culture.
The Bahrain One Dinar note is a special edition, not a replacement for the regular Bahraini Dinar. It's meant to be a collector's item, not a circulating currency.
For more insights, see: 50,000 Colombian Peso Note
Conversion and Exchange
In Bahrain, you can easily exchange your Bahraini dinar for other currencies at a convenient rate. The most popular currency pairings for BHD are with the US dollar, Indian rupee, euro, and New Zealand dollar.
You can exchange BHD for USD at a competitive rate, making it a great option for travelers. BHD to USD is a widely traded pair.
If you're planning a trip to India, you can exchange your BHD for INR, which is the local currency. This will help you navigate the local market with ease.
Features
The Bahraini Dinar is a fascinating currency, and understanding its features is essential for anyone looking to convert or exchange it.
The Bahraini Dinar is issued by the Bahrain Monetary Agency, which is responsible for managing the country's currency.
Issued during the reign of Emir Isa bin Salman Al Khalifa from 1961 to 1999, these banknotes were in circulation from 1993 to 1998.
The standard circulation banknotes are made of paper and have a rectangular shape, measuring 142 × 72 mm.
The Bahraini Dinar is pegged to the US Dollar, with a fixed exchange rate of 1 BHD = USD 2.65.
Here's a quick reference guide to the Bahraini Dinar's features:
Bhd to Usd Data
The BHD to USD exchange rate has seen a 30 day high of 2.6534 and a 30 day low of 2.6522, with an average of 2.6527.
The change in the last 30 days was a mere 0.01, indicating a stable exchange rate.
Over the past 90 days, the exchange rate has been even more stable, with a 90 day high of 2.6535 and a 90 day low of 2.6497.
The 90 day average is 2.6522, with a change of -0.01, showing a slight decrease in value over time.
Bahraini dinar is a widely traded currency, with top pairings including USD, INR, EUR, and NZD.
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Frequently Asked Questions
Why is Bahraini dinar worth so much?
The Bahraini dinar's high value is largely due to Bahrain's significant oil and gas reserves, which drive a strong economy and substantial exports. This, combined with a fixed exchange rate to the US dollar, contributes to the dinar's high valuation.
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