Dollar To Bahraini Dinar: How Much Is It Worth?

As of November 2024, 1 US dollar is worth approximately 0.3769 Bahraini Dinars. This exchange rate has been fairly consistent throughout the year, with the highest value for the USD/BHD pair occurring on 4 February 2024, when 1 US dollar was worth 0.3791 Bahraini Dinars. The lowest value for the pair was on 4 August 2024, when 1 US dollar was worth 0.3743 Bahraini Dinars.

1 USD = 0.3769 BHD

As of the 15th of November 2024, 1 US dollar is worth 0.3769 Bahraini Dinars. This means that 1 USD can be exchanged for 0.3769 BHD.

To put this in context, let's look at the historical exchange rates for these currencies. On the 4th of February 2024, the exchange rate was at its peak, with 1 USD equalling 0.3791 BHD. Conversely, on the 4th of August 2024, the rate dropped to a low of 0.3743.

The average exchange rate over the last 30 and 90 days has been 0.3770. This indicates that the current rate of 0.3769 is slightly lower than the recent average.

It is important to note that exchange rates fluctuate constantly and are influenced by various economic and geopolitical factors. As such, the rate of 1 USD to 0.3769 BHD may change rapidly and vary among different financial institutions.

Best/worst conversion days

As of November 2024, 1 US dollar is worth approximately 0.38 Bahraini Dinars. This is a fairly consistent rate, with sources reporting a 30- and 90-day high and low of 0.3770 and 0.3769, respectively.

Best Conversion Days

Any day where the exchange rate is higher than the current rate of 0.3769 would be considered a good day to convert USD to BHD. For example, a higher rate of 0.3770 was reported on an unknown date in August 2024.

Worst Conversion Days

Any day where the exchange rate is lower than the current rate would be considered a bad day to convert USD to BHD. Given that the current rate is close to the 30- and 90-day low, it seems that most days over the past 3 months have been relatively unfavourable for converting USD to BHD.

USD/BHD interbank exchange rates

As of November 2024, 1 US dollar is worth approximately 0.37-0.38 Bahraini dinars. The interbank rate, also known as the mid-market rate, spot rate, or real exchange rate, is the exchange rate used by banks and large institutions when trading large volumes of foreign currency with one another. It is important to note that this rate is not meant for individuals or smaller businesses, as smaller money transfers typically attract a higher mark-up.

The interbank rate is calculated using data from various sources, including leading market data contributors and transactions between banks and their clients that meet certain nominal value thresholds. This data is used to compute a weighted median exchange rate, which is published as the closing rate for the day's transactions.

When converting USD to BHD, it is essential to be aware of the differences in currency values and the potential for hidden markups or fees. Leading competitors often add hidden markups to their exchange rates, charging customers more without their knowledge. Additionally, banks and traditional providers may include extra costs, which they pass on to customers by marking up the exchange rate.

It is recommended to use a reliable currency converter or a trusted financial institution to obtain accurate and up-to-date information on the USD/BHD interbank exchange rates. These sources will provide individuals with the mid-market rate, which is for informational purposes only and may differ from the rates offered by banks or currency exchange providers for transfers and conversions.

Historic USD/BHD rates

As of November 2024, 1 US dollar is worth 0.3769 Bahraini Dinars. This rate has remained fairly consistent over the past few months, with a 30-day high of 0.3770 and a 30-day low of 0.3769.

Looking further back, on June 7, 2024, 1 USD was worth 0.3774 BHD, the highest rate in the past six months. On the other hand, on May 17, 2024, 1 USD was worth 0.3762 BHD, the lowest rate in the same period.

The USD/BHD rate has been on a downward trajectory over the past six months, with the US Dollar decreasing in value compared to the Bahraini Dinar.

Current BHD/USD rate

As of 15 November 2024, 1 US dollar is worth 0.3769 Bahraini Dinars. This rate was also recorded on 11 October 2024.

The USD to BHD rate fluctuates, and the best day to change US dollars for Bahraini dinars in 2024 was Sunday, 4 February, when the currency reached its highest value. On that day, 1 US dollar was worth 0.3791 Bahraini dinars.

The worst day to change US dollars for Bahraini dinars in 2024 was Sunday, 4 August, when the exchange rate fell to its lowest value. On that day, 1 US dollar was worth 0.3743 Bahraini dinars.

The 30-day and 90-day average exchange rate for USD to BHD is 0.3770.

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