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 | ?? mm | ?? g | ?? | Palm tree | Value | 1965 | |
| 10 fils | ?? mm | ?? g | ?? | Palm tree | Value | 1965 | |
| 25 fils | ?? mm | ?? g | ?? | Palm tree | Value | 1965 | |
| 50 fils | ?? mm | ?? g | ?? | Palm tree | Value | 1965 | |
| 100 fils | 25 mm | ?? g | ?? | Palm tree | Value | 1965 | |
| 10 fils | 21 mm | 3.35 g | ?? | Palm tree | Value | 1992 | |
| 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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