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Encyclopedia > Bahraini dinar
Bahraini dinar
دينار بحريني (Arabic)
1 dinar 100 fils
1 dinar 100 fils
ISO 4217 Code BHD
User(s) Bahrain
Inflation 2.7%
Source The World Factbook, 2005 est.
Pegged with U.S. dollar = BD 0.376
Subunit
1/1000 fils
Symbol ب.د (Arabic) or BD (Latin)
Coins 5, 10, 25, 50, 100, 500 fils
Banknotes BD ½, BD 1, BD 5, BD 10, BD 20
Monetary authority Central Bank of Bahrain
Website www.cbb.gov.bh

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. Image File history File links Download high-resolution version (802x403, 158 KB) Picture of One Bahraini Dinar banknote This image depicts a unit of currency. ... Image File history File links 100BahrainFils. ... A fixed exchange rate, sometimes (less commonly) called a pegged exchange rate, is a type of exchange rate regime wherein a currencys value is matched to the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold. ... ISO 4217 Code USD User(s) the United States, the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 3. ... For the river in Germany see Fils River The fils is a subdivision of currency used in many Arab countries, such as Iraq. ... Monetary authority is a generic term in finance and economics for the entity which controls the money supply of a given currency, and has the right to set interest rates, and other parameters which control the cost and availability of money. ... The Central Bank of Bahrain is the central bank of Bahrain. ... ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO). ... For the river in Germany see Fils River The fils is a subdivision of currency used in many Arab countries, such as Iraq. ... A 25,000 Iraqi dinar note printed after the fall of Saddam Hussein A hyperinflation banknote of 50 billion dinara (1993) A 5,000 dinar bill of the Republic of Serbian Krajina (1992) The dinar is the currency unit of various countries, most of them Arabic-speaking or once part... First row : c. ... The Gulf Rupee, also known as the Persian Gulf Rupee (XPGR), was introduced by the Indian government as a replacement for the Indian Rupee for circulation exclusively outside the country with the Reserve Bank of India [Amendment] Act, 1 May 1959. ...


The Bahraini Dinar is written ب.د (Arabic) or BD (Latin). It is usually represented with three decimal places denoting the fils.

Contents

Coins

Coins currently in circulation are 5 fils, 10 fils, 25 fils, 50 fils, 100 fils, and 500 fils. A coin is usually a piece of hard material, generally metal, usually in the shape of a disc, and most often issued by a government, to be used as a form of money in transactions. ...


The denominations of the Bahraini dinar previously in circulation are: A denomination is a unit of currency. ...

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. Image File history File links Bah_5fils_1965. ... This page has been deleted, and should not be re-created without a good reason. ... Genera Many; see list of Arecaceae genera Arecaceae (also known as Palmae or Palmaceae), the palm family, is a family of flowering plants, belonging to the monocot order Arecales. ... Image File history File links Bah_10fils_1965. ... This page has been deleted, and should not be re-created without a good reason. ... Genera Many; see list of Arecaceae genera Arecaceae (also known as Palmae or Palmaceae), the palm family, is a family of flowering plants, belonging to the monocot order Arecales. ... Image File history File links Bah_25fils_1965. ... This page has been deleted, and should not be re-created without a good reason. ... Genera Many; see list of Arecaceae genera Arecaceae (also known as Palmae or Palmaceae), the palm family, is a family of flowering plants, belonging to the monocot order Arecales. ... Image File history File links Bah_50fils_1965. ... This page has been deleted, and should not be re-created without a good reason. ... Genera Many; see list of Arecaceae genera Arecaceae (also known as Palmae or Palmaceae), the palm family, is a family of flowering plants, belonging to the monocot order Arecales. ... Image File history File links Bah_100fils_1965. ... This page has been deleted, and should not be re-created without a good reason. ... Genera Many; see list of Arecaceae genera Arecaceae (also known as Palmae or Palmaceae), the palm family, is a family of flowering plants, belonging to the monocot order Arecales. ... Image File history File links Bah_10fils_1992. ... This page has been deleted, and should not be re-created without a good reason. ... Genera Many; see list of Arecaceae genera Arecaceae (also known as Palmae or Palmaceae), the palm family, is a family of flowering plants, belonging to the monocot order Arecales. ... Image File history File links Bah_50fils_2000. ... This page has been deleted, and should not be re-created without a good reason. ... A boat is a craft or vessel designed to float on, and provide transport over, water. ...


Banknotes

Banknotes in circulation are BD ½, BD 1, BD 5, BD 10, BD 20. A £20 Bank of England banknote. ...


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. The Bahraini dinar is also pegged to the Saudi riyal at a rate of 10 : 1; however, because the riyal is pegged to the dollar in turn, the dinar is pegged to the riyal. The International Monetary Fund (IMF) is an international organization that oversees the global financial system by observing exchange rates and balance of payments, as well as offering financial and technical assistance when requested. ... Special Drawing Rights (SDRs) is a potential claim on the freely usable currencies of International Monetary Fund members. ... ISO 4217 Code USD User(s) the United States, the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 3. ... The highest valued currency unit is the currency in which a single unit buys the highest number of any given other currency or the largest amount of a given good. ... The Kuwaiti dinar (ISO 4217 code KWD) is Kuwaits official currency. ... The Maltese lira, known in the Maltese language as the Lira Maltija, is the currency of Malta. ... ISO 4217 Code SAR User(s) Saudi Arabia Inflation rate 0. ...

Current BHD exchange rates
Use Yahoo! Finance: AUD CAD CHF EUR GBP HKD JPY USD
Use XE.com: AUD CAD CHF EUR GBP HKD JPY USD

Note: Rates obtained from these websites may contradict with pegged rate mentioned above

See also

The Gulf Rupee, also known as the Persian Gulf Rupee (XPGR), was introduced by the Indian government as a replacement for the Indian Rupee for circulation exclusively outside the country with the Reserve Bank of India [Amendment] Act, 1 May 1959. ... The Cooperation Council for the Arab States of the Gulf (Arabic: مجلس التعاون لدول الخليج), formerly named and still commonly called Gulf Cooperation Council (GCC) (مجلس التعاون الخليجي) is a regional organization involving the six Persian Gulf Arab States with many economic and social objectives in mind. ...

References

  1. ^ Exchange Rate Policy, Bahrain Monetary Agency

External links

Preceded by:
Gulf rupee
Ratio: 1 dinar = 10 rupees = 0.75 British pound
Currency of Bahrain
1965
Succeeded by:
Current
Currency of Abu Dhabi
19661973
Succeeded by:
United Arab Emirates dirham
Ratio: 10 dirham = 1 dinar

  Results from FactBites:
 
Bahraini Dinar (521 words)
Even before this, the Bahraini dinar was introduced in 1965 as the official currency of the Bahrain.
The Bahraini dinar is issued by the BMA and in addition they also have the powers to set the official exchange rates for the Bahraini dinar and receive the government funds that are deposited.
The approximate currency exchange rate of the Bahraini dinar is one United States dollar is equal to 0.3769 Bahraini dinar.
Dinar - Wikipedia, the free encyclopedia (223 words)
The dinar is the currency unit of various countries, most of them Arabic-speaking.
The word "dinar" (دينار in Arabic and Persian) is derived from denarius, a Roman currency.
Sudan: the Sudanese dinar (formerly the Sudanese pound)
  More results at FactBites »

 
 

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