BHDBahraini DinarBahraini Dinar (BHD)
The Bahraini dinar is Bahrain's national currency and a Gulf unit used in a regional financial and energy-services center.
- ISO code
- BHD
- Symbol
- د.ب
- Region
- Middle East
- Currency type
- Fiat currency
- Exchange system
- Pegged to the US dollar
- Last reviewed
Convert this currency
BHD converter
BHDRate date:
Quick facts
BHD at a glance
Currency profile
How BHD works
The Bahraini dinar is Bahrain's national currency and a Gulf unit used in a regional financial and energy-services center.
The Central Bank of Bahrain issues dinar currency and operates monetary policy around a fixed U.S.-dollar relationship.
- BHD is divided into 1,000 fils and is commonly written to three decimal places.
- The official rate is 1 Bahraini dinar to 2.659 U.S. dollars, equivalent to 0.376 BHD per USD.
Context
Why this currency matters
BHD combines a three-decimal currency structure with a formal dollar link, two features that should not be conflated. The decimal convention describes the dinar's 1,000-fils subdivision, while the fixed parity describes monetary policy and remains separate from a dated provider calculation.
Monetary framework
Exchange arrangement
BHD has an official fixed relationship of 1 Bahraini dinar to 2.659 U.S. dollars. The provider reference rate displayed by CurrencyHub is a separate dated conversion value.
CurrencyHub shows daily reference rates. Banks, card networks, ATMs and transfer providers may apply different exchange rates, fees or spreads.
History timeline
Key dates for BHD
Bahraini dinar introduced
The dinar replaced the Gulf rupee as Bahrain established its national currency.
Central Bank of Bahrain - historyBahrain Monetary Agency established
The monetary agency became the principal authority for currency and financial regulation.
Central Bank of Bahrain - historyCentral Bank of Bahrain established
The Central Bank of Bahrain succeeded the monetary agency under a new institutional framework.
Central Bank of Bahrain - history
Usage and economy
How BHD is used
- Prices, payroll and payments in Bahrain.
- Gulf financial and trade comparisons with KWD, SAR, AED and QAR.
Country currency guides
Banknotes and coins
BHD currency units
The Central Bank of Bahrain documents the current dinar banknote series.
The Central Bank of Bahrain documents dinar and fils coins used in circulation.
One Bahraini Dinar unit is recorded with 3 decimal places and uses Fils as its minor unit.
Related currencies
Currency relationships
Explore currencies connected through regional use, trade comparisons or monetary relationships.
Currency topics
FAQ
BHD questions
Why is BHD linked to USD?
Bahrain maintains a fixed U.S.-dollar relationship as the anchor for its monetary framework.
Why does BHD use three decimal places?
One Bahraini dinar contains 1,000 fils, so ordinary amounts can require three decimal digits.
What currency did BHD replace?
The Bahraini dinar replaced the Gulf rupee in 1965.
Sources
Data and editorial review
Rate source: Frankfurter
Last reviewed:
Currency identity and cash information is checked against central-bank, government, ISO and official international sources.