Bahrain

Bahrain

Bahrain
.د.ب (Bahraini dinar), BD (Latin).
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Central Bank of Bahrain

The dinar is the currency of Bahrain. It is divided into 1000 fils The Bahraini dinar is abbreviated (Arabic) or BD (Latin). It is usually represented with three decimal places denoting the fils.

The Bahraini dinar was introduced in 1965, replacing the Gulf rupee at a rate of 10 rupees = 1 dinar. Bahraini coins and notes were introduced at that time.

Initially, Abu Dhabi adopted the Bahraini dinar but changed to the United Arab Emirates dirham in 1973. The second strongest currency in the world is the Bahrain dinar or BHD. Like most Arabic currencies on this list, it is divided into 1000 smaller currency units, in this case, called ‘fils’. The Bahraini dinar is only used in Bahrain and is pegged against the US dollar. Of similar value to the Omani rial, when trading 1 US dollar you will receive 0.38 Bahraini dinar.

In 1965, coins were introduced in denominations of 1, 5, 10, 25, 50 and 100 fils. The 1, 5 and 10 fils were struck in bronze, with the others in cupro-nickel. The 1 fils coin was not produced after 1966 and no longer circulates. A bimetallic 100 fils coin was introduced in October 1992. In 1992, brass replaced bronze in the 5 and 10 fils.