Bank Exchange Rates for Bahrain
Bank Exchange Rates for Bahrain - BHD - Bahraini Dinar - .د.ب or Bd. The foreign exchange rates for Bahrain also known as the ISO code BHD or the Bahraini Dinar currency and as a symbol .د.ب or Bd.
Bahraini dinar coins are available in denominations of 5, 10, 25, 50 and 100, in coins, as well as the BD ½ coins, which represents 500 fils. Banknotes follow suit with denominations BD ½, BD 1, BD 5, BD 10 and BD 20 in circulation. Send Money Transfer to Bahrain.
Bank Exchange Rates for Bahraini Dinar
The dinar is Bahrainis currency. The currency is sub-divided into 1000 Fils. The name, dinars is derived from Roman denarius. The Dinar currency was introduced in the year 1965 and replaced the Gulf rupee at a rate of 10 rupees/dinar.
The Bahraini Dinar is abbreviated as or BD and it's a Latin term, and its usually represented by 3 decimal places which denote the Fils.
Bahraini Dinar Coins In 1965, the Dinar coins were introduced in the denominations of 1, 5, 10, 25, 50 and even 100 Fils, whereby the 1, 5 and 10 Fils were struck in bronze and the others struck in cupro-nickel. The 1 Fils coin wasn't produced after 1966 therefore, it no longer circulates. In the early1992, bronze was replaced by the brass in 5 and 10 Fils and a 100 fils bimetallic coin were introduced. In 2000, a bimetallic 500 Fils followed. After the Bahrain revolution on 14th Feb 2011, the bimetallic 500 Fils was discontinued by the Central Bank of Bahrain.
The Dinar Banknotes On 16th Oct 1965, Bahrain Currency Board, introduced notes in the denominations of 1,2, 4, 1, 5 and the10 dinars whereby the note of 100-fils was introduced on 2nd, Sept 1967.
Paper money issuance was taken over by the Bahrain Monetary Agency and in 1979, it introduced a new note families dated 1973 in Arabic which had the denominations of â€Š1â„2, 1, 10, 5 and 20 dinars.
On 7th Sept 2006, the Bahrain Monetary Agency was then renamed as the Central Bank of Bahrain. On 17th March 2008, the Central Bank of Bahrain introduced a new note family that reflected the Bahrain's heritage and
its modern development.
Currency Rates for Bahrain
The Saudi riyals are also acceptable in Bahrain, except for the Saudi 500 riyal note that is only accepted in airports, electronic shops and major supermarkets. On September 4th, 2016, the Central Bank of Bahrain introduced notes of 10 and 20 dinars which are similar to preceding issues, although with enhanced security features and tactile lines that are added at the centre and right front for the visually impaired individuals.
Currency Rates for Bahraini Dinar
Fixed Exchange Rates - By December 1980 the dinar had been officially pegged to the special drawing rights of the IMF. In practice, it's fixed at 1 US dollar which equals to 0.376 BD, translating to approximately 1 BD equal to $2.65957 and, almost 10 Saudi Arabian riyals. The rate was officially introduced in 2001
GBP to BHD
“Dinah” originates from the Roman word “denarius” and was introduced in 1965, to replace the Gulf rupee; it did so at a ratio of 10r:1dinar. When written, three decimal places are used to denote Fils, as 1 dinar can be subdivided into 1,000 Fils. Bank Exchange Rates for Bahraini Dinar. The foreign exchange rates for Bahrain also known as the ISO code BHD. Send money transfer online with us with the cheapest options.