About the Bahraini Dinar
The Bahraini Dinar was introduced in 1965, replacing the Persian Gulf Rupee at a rate of 10 rupees = 1 dinar.
The word 'Dinar' is derived from the Roman 'denarius', a silver coin.
Interesting Facts
One of the World's Highest-Valued Currencies
The Bahraini Dinar is consistently one of the highest-valued currency units in the world.
Three Decimal Places
The Dinar is one of only a few currencies in the world that is divided into 1000 subunits (fils), requiring three decimal places for prices.
Fixed Peg to the US Dollar
The Dinar has a strong, long-standing peg to the U.S. Dollar at a rate of 1 BHD = 2.652 USD, contributing to its stability.
Historical Timeline
The Bahraini Dinar is introduced.
Bahrain gains independence from the United Kingdom.
The Dinar is officially pegged to the IMF's special drawing rights (SDRs), which in practice has meant a fixed rate to the U.S. Dollar.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- BHD
- Symbol
- .د.ب
- Numeric Code
- 048
- Subunit
- Fils (1/1000)
- Introduced
- 1965-10-16
Central Bank
- Name
- Central Bank of Bahrain
- Headquarters
- Manama, Bahrain
- Founded
- 1973
- Current Governor
- Rasheed Mohammed Al Maraj (since 2005)
Economic Data
- Reserve Currency Share
- 0.0%
- Forex Volume Share
- 0.0%
- Inflation Rate
- -0.3%
- Interest Rate
- 6.25%
Exchange Rates
What Affects the BHD Exchange Rate?
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