The Value Of Bahrain's Half Dinar: Understanding Its Worth

The Bahraini dinar is the official currency of Bahrain and has been since 1965 when it replaced the Gulf rupee. The Bahraini half dinar is worth approximately 1.33 US dollars, though exchange rates fluctuate. The half dinar note features the Old Bahrain Court in Manama on its front and the Bahrain International Circuit in Sakhir on its back.

Bahrain's official currency

The official currency of Bahrain is the Bahraini Dinar (BHD). The Bahraini Dinar has been the country's official currency since 1965 when it replaced the Gulf rupee. The Bahraini Dinar is further divided into 1,000 fils.

The Bahraini Dinar is the second-highest valued currency in the world after the Kuwaiti dinar. As of December 2021, it was valued at 2.65 United States dollars per unit. The Bahraini Dinar is officially pegged to the US dollar at a rate of 1 BD = 2.659 USD.

The Bahraini Dinar is available in various denominations of banknotes, including 1, 5, 10, and 20 dinars, among others. The design and security features of the banknotes may change over time, so it's essential to check for the latest versions. Bahrain also has coins valued at 5, 10, 25, 50, and 100 fils. The Central Bank of Bahrain manages the currency.

The 1/2 Bahraini Dinar note features the old Bahrain court in Manama (the capital city) on its front, with the lettering in Arabic. The back of the note illustrates a view of the Bahrain International Circuit in Sakhir and the iconic VIP tower, with the lettering in English. This note is part of the 2006-2016 series and is coloured orange and brown on a multicolour underprint.

Exchange rate

The Bahraini dinar (BHD) is the official currency of Bahrain and has been since 1965 when it replaced the Gulf rupee. The Bahraini dinar is made up of 1,000 fils and is often denoted by the symbol BD when trading.

The Bahraini dinar is the second-highest valued currency in the world after the Kuwaiti dinar. As of December 2021, the exchange rate for the Bahraini dinar was 2.65 United States dollars per unit. The Bahraini dinar is officially pegged to the US dollar at a rate of 1 BHD to 2.659 USD. This means that a half dinar would be worth around 1.33 US dollars.

The Bahraini dinar is also pegged to the Saudi Arabian riyal at a rate of 1 BHD to 9.9734 riyal. The Bahraini dinar is divided into 1000 fils. 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, while the others were made of cupro-nickel.

The Central Bank of Bahrain manages the currency and began circulating notes with enhanced security features in 2016. The new notes also have raised lines to assist the visually impaired. The Bahraini dinar banknotes are issued in denominations of 0.5, 1, 5, 10, and 20 dinars.

History of Bahraini dinar

The Bahraini dinar is the official currency of Bahrain and has been since 1965, when it replaced the Gulf rupee. The Bahrain Currency Board introduced notes in denominations of 1/4, 1/2, 1, 5, and 10 dinars, followed by 100 fils in 1967. The Bahraini dinar gets its name from the Roman denarius, the original standard silver coin used as currency during Roman times from 211 BC for about five hundred years.

The Bahraini dinar is the second-highest-valued currency in the world after the Kuwaiti dinar. It is divided into 1000 fils and often uses the symbol BD when trading. It is pegged to the US dollar at a rate of 1 BHD = 2.659 USD.

In 1973, the Bahrain Monetary Agency was established, and in 1978 the second series of notes was introduced in denominations of 1/2, 1, 5, 10, and 20 dinars. In 2006, the Bahrain Monetary Agency was renamed the Central Bank of Bahrain and introduced a new series of notes in denominations of 1/2, 1, 5, 10, and 20 dinars.

The front design of the 1/2 Bahraini dinar note features the old Bahrain court in Manama, the capital city. The lettering is in Arabic. The reverse of the note illustrates a view of the Bahrain International Circuit located in Sakhir and the iconic VIP tower. The lettering on the back is in English. This note is part of the 2006-2016 series and is coloured orange and brown on a multicolour underprint.

Denominations of Bahraini dinar

The Bahraini dinar (BHD) is the official currency of Bahrain and has been since 1965 when it replaced the Gulf rupee. The Bahrain Currency Board introduced notes in denominations of ¼, ½, 1, 5 and 10 dinars, followed by 100 fils in 1967. In 1973, the Bahrain Monetary Agency was established, and in 1978 the second series of notes was introduced in denominations of ½, 1, 5, 10 and 20 dinars. In 2006, the Bahrain Monetary Agency was renamed the Central Bank of Bahrain and introduced a new series of notes in denominations of ½, 1, 5, 10 and 20 dinars.

The ½ Bahraini dinar note features the old Bahrain court in Manama (the capital city) in Arabic lettering on the front. The back of the note illustrates a view of the Bahrain International Circuit located in Sakhir and the iconic VIP tower. The complex, which opened in 2004, is a motorsports track used for endurance racing, GP2 Series and the annual Bahrain Grand Prix. English lettering is used on the reverse of the note. This note is part of the 2006–2016 series and is orange and brown on a multicolour underprint.

The Bahraini dinar is the second-highest valued currency in the world after the Kuwaiti dinar. It is divided into 1000 fils and often uses the symbol BD when trading. The name 'dinar' comes from the Roman denarius, which was the original standard silver coin used as currency during Roman times from 211 BC for about five hundred years.

The BHD is officially pegged to the US dollar at a rate of 1 BD = 2.659 USD. The currency exchange rate for 1 Bahraini dinar to USD is $2.65. This is a pegged exchange rate and will not fluctuate.

How to exchange Bahrain half dinar banknotes

The Bahraini dinar (BHD) is the official currency of Bahrain and has been since 1965 when it replaced the Gulf rupee. The Bahraini dinar is the second-highest valued currency in the world after the Kuwaiti dinar. As of December 2021, 1 BHD is worth 2.65 USD.

There are a few ways to exchange Bahrain half dinar banknotes. Here are some options:

• Online currency exchange platforms: There are several online platforms that allow you to exchange currencies. One example is Leftover Currency, where you can select the type and amount of currency you want to exchange, and they will send you the money via bank transfer, PayPal, or cheque.
• Global Exchange: Global Exchange is a company that offers currency exchange services in 23 countries. You can order your desired currency online and collect it at a branch of your choice. They have over 400 branches and offer a variety of currencies, including exotic currencies that may not be available at banks.
• Banks: You can exchange currencies at your bank. However, they may only offer major currencies, and you may need to make multiple visits to place your order and then collect the money.
• Physical currency exchange stores: These stores allow you to exchange currencies in person. One example is Foreign Currency and Coin, where you can add the desired currency to your online cart, complete the checkout process, and receive your money within a week.

It is important to note that when exchanging currencies, you may be asked to provide personal information such as bank account details. Be cautious and only share this information with trusted sources.

Frequently asked questions