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Bahrain

Bahraini Dinar

BHD

Official currency of Bahrain

.د.ب Symbol
CBB

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

1965

The Bahraini Dinar is introduced.

1971

Bahrain gains independence from the United Kingdom.

1980

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

.د.ب0.5 Brown
.د.ب1 Red
.د.ب5 Blue
.د.ب10 Green
.د.ب20 Brown/Peach

Coins

5 fils
10 fils
25 fils
50 fils
100 fils
500 fils

Security Features

Holographic security patch Watermark of the King's portrait Security thread Tactile markings for the visually impaired Micro-lettering

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)
Visit Website

Economic Data

Reserve Currency Share
0.0%
Forex Volume Share
0.0%
Inflation Rate
-0.3%
Interest Rate
6.25%

What Affects the BHD Exchange Rate?

Fixed peg to the U.S. Dollar
Oil and gas prices and exports
Status as a regional financial hub
Political and economic stability in the Gulf region
Government fiscal policy

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