BAHRAINI DINAR


The 'Bahraini dinar' is the official currency of Bahrain. The ISO 4217 currency code is BHD. It is divided into 1000 fils. The name dinar derives from the Roman denarius. The dinar was introduced in 1965, replacing the Gulf Rupee at a rate of 10 rupees = 1 dinar.
The Bahraini Dinar is written '.د.ب' (Arabic) or 'BD' (Latin). It is usually represented with three decimal places denoting the fils.

Contents
Coins
Banknotes
Fixed exchange rate
See also
References
External links

Coins


Coins currently in circulation are 5 fils, 10 fils, 25 fils, 50 fils, 100 fils, and 500 fils.
The denominations of the Bahraini dinar previously in circulation are:
Circulating Coins
Image Value Diameter Weight Composition Obverse Reverse First Minted Year
5 fils
5 fils ?? mm ?? g ?? Palm tree Value 1965
10 fils
10 fils ?? mm ?? g ?? Palm tree Value 1965
25 fils
25 fils ?? mm ?? g ?? Palm tree Value 1965
50 fils
50 fils ?? mm ?? g ?? Palm tree Value 1965
100 fils
100 fils 25 mm ?? g ?? Palm tree Value 1965
10 fils
10 fils 21 mm 3.35 g ?? Palm tree Value 1992
50 fils
50 fils 22 mm 3.5 g ?? Boat Value 2000

There was also a 'one fils' (singular of fils is fils itself) coin during the previous generation, but it has been phased out and the current generation of coins do not have a 'one fils' denomination.

Banknotes


Banknotes in circulation are BD ½, BD 1, BD 5, BD 10, BD 20.

Fixed exchange rate


In December 1980, the dinar was officially pegged to the IMF's Special Drawing Rights (SDRs). In practice, it is fixed at 1 U.S. dollar = BD .376, which translates to approximately 1 dinar = 2.65957 dollars[1]. This rate was made official in 2001. It is the third highest valued currency unit after the Kuwaiti dinar and Maltese lira.

See also



Gulf Rupee

Cooperation Council for the Arab States of the Gulf

Economy of Bahrain

References


1. Exchange Rate Policy, Bahrain Monetary Agency

External links



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