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LOCAL CURRENCY IN BAHRAIN

Need to know how much is your money worth in Bahrain? The local money in Bahrain is called Dinar.

The Bahraini Dinar is issued and managed by the Central Bank of Bahrain. To find out the current currency exchange rates for Dinar to other major currencies of the world, click on foreign currency rates.

Bahraini Currency Information
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The currency used in Bahrain is called as the Dinar. This currency is denoted with the currency sign .?.? (Arabic) or BD (Latin) and the ISO 4217 Code for the Bahraini Dinar is BHD. The Dinar, is the official currency of the Bahrain . It is divided into 100 smaller units called fils.

The constitution of Bahrain provides that the Bahrain government shall have the power to print the Bahraini Dinar and fils coins to be used as a legal tender in Bahrain. The Bahraini Dinar bank notes and Fils coins are both designated as "legal tender" in payment of debts.

The Bahraini Dinar bill uses the decimal system, consisting of 100 equal units.

The symbol .?.? (Arabic) or BD (Latin), usually written before the numerical amount, is used for the Bahraini Dinar.

Currently printed bank notes denominations are BD ½, BD 1, BD 5, BD 10, BD 20 and the coins are minted in the denominations of 5, 10, 25, 50, 100, BD ½ ( 500 fils ) .

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How Does Balance of Trade and Investment Affect the Value of the Bahraini Dinar
Financial analysts regularly cite the balance of trade and investment in Bahrain as the most important influence on the value of the Dinar. The difference between what the Bahrain exports and imports in terms of goods and services to and from other countries can be obtained from a balance of trade statement.

The balance of investment on the other hand represents the difference in exports and imports of capital. If exports from Dinar exceed imports from other countries, in either the balance of trade or balance of investments, it is called a surplus. The term deficit is used when the imports into Dinar exceed exports to other countries. The points below go into detail to explain on how the balance of trade and balance of investments affect the Bahraini Dinar.
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