Convert Bahraini Dinars
Convert Bahraini Dinars

Convert Bahraini Dinars (BHD), Currency Exchange Rate Conversion Calculator, Convert Bahraini Dinar(BHD) using the currency converter with the latest foreign exchange rates.

Convert Bahraini Dinars (BHD) and Indian Rupees (INR): Currency Exchange Rate Conversion Calculator

Convert Bahraini Dinar(BHD) to Indian rupee(INR) using the currency converter with the latest foreign exchange rates.

The BHD is that the symbol for the Bahraini dinar, which is that the official currency for Bahrain, an island nation within the Arabian Gulf near Saudi Arabia .

The BHD is that the symbol for the Bahraini dinar, which is that the official currency for Bahrain, an island nation within the Arabian Gulf near Saudi Arabia .

The BHD banknotes have denominations of 5 , 10, 25, 50, 100, 500 and 500 dinar and coins valued at 1, 5, 10, 20 fuloos, which are managed by the financial institution of Bahrain.

The BHD may be a highly valued currency and is officially pegged to the U.S. dollar at a rate of 1 BD = 2.659 USD.

The BHD (Bahraini dinar) is formed from 1,000 fuloos, which is plural for fils, and sometimes uses the symbol BD when trading. it's a highly valued currency and is officially pegged to the U.S. dollar at a rate of 1 BD = 2.659 USD.

The name dinar comes from the Roman denarius, which was the first standard silver coin used as currency during Roman times from 211 BC to around 244 BC.

Before 1965, Bahrain used the Persian Gulf rupee as their currency.

Bahraini dinars began circulation in 1965 and replaced the Persian Gulf rupee at a conversion rate of 1 dinar to 10 rupees.

Until 1973, the Bahrain Currency Board issued banknotes.

After 1973, this responsibility fell under the control of the Bahrain Monetary Agency.

In 1980, the dinar begin pegging to IMF’s Special Drawing Rights (SDR), with a hard and fast rate of 0.376 dinars to $1 USD.

There has been volatility, mainly thanks to the instability within the region, but the peg has been maintained.

By 2006, the Bahrain Agency transitioned and renamed because the official financial institution of Bahrain (CBB).

The CBB oversees both conventional and Islamic banks.

They even have oversight of insurance, investment firms, brokers, and other financial institutions.

The Bahrain dinar banknotes have denominations of 5 , 10, 25, 50, 100, 500 and 500 dinar.

The country also has coins valued at 1, 5, 10, 20 fuloos. The financial institution of Bahrain manages the currency.

Beginning in 2016, the Bahrain dinar began circulation of notes with enhanced security measures .

The new notes even have raised lines to help the visually impaired.

During this point , the country was also becoming more economically stable, after having implemented changes at a developmental level.

By 2008, the financial institution of Bahrain launched a replacement group of banknotes, which were technically its fourth official series of notes.

This new issue honored both the brilliant way forward for Bahraini and reflected upon its past heritage.

Although the country has struggled economically, without an agricultural industry and high rates of unemployment, it's still rated because the fastest-growing economy of the Arab countries.

According to International Bank for Reconstruction and Development data as of 2016, the country posted a 5.7% annual rate of inflation and features a gross domestic product (GDP) growth of three .9%.