Best Places To Exchange Bahrain Dinar Coins

The Bahraini Dinar is the national currency of Bahrain, a Gulf State. It was introduced in 1965 and is the second most valuable national currency in the world. The Dinar is subdivided into 1000 fils and its ISO 4217 code is BHD. The Bahraini Dinar is issued in both banknotes and coins. If you are looking to exchange your Bahraini Dinar coins, there are several options available to you. You can exchange your coins at currency exchange stores, such as Leftover Currency and Global Exchange, or online platforms like Travelex. These services allow you to exchange your coins for other currencies, such as US Dollars or Pounds Sterling. It is important to note that exchange rates may vary, so it is recommended to compare rates before choosing an exchange service.

Online currency exchange platforms

There are several online currency exchange platforms that allow you to buy and sell Bahraini dinar. Here are some reliable options:

• Leftover Currency: This platform allows you to exchange both banknotes and coins of the Bahraini dinar. They offer convenient services, including online ordering and payment through bank transfer, PayPal, or cheque.
• Travelex: Travelex is a well-known currency exchange provider that offers online ordering of Bahraini dinars. You can choose between home delivery or click-and-collect options from stores or the airport. They also provide a Travelex Money Card, which allows you to load up to 22 currencies, including Bahraini dinars, for convenient spending during your travels.
• Manor FX: Manor FX offers competitive exchange rates for Bahraini dinars and provides free home delivery for orders over £750. They also have a bureau near Heathrow for pick-up options. Manor FX allows you to order online and choose your preferred payment method, making the process simple and efficient.
• Global Exchange: With a presence in 23 countries and over 400 branches, Global Exchange provides a reliable platform for currency exchange. They offer a variety of currencies, including exotic ones, and ensure immediate availability of the desired currency. You can order online and collect and pay in cash at your chosen branch.
• Currency Exchange International: This platform allows you to order foreign currency online and offers locked exchange rates for the day. They have branches across different locations, and you can pick up your desired currency at the branch after making an online reservation.

When using online currency exchange platforms, it is important to be cautious about sharing personal and financial information. Ensure that you only provide such details on secure websites and never disclose them to unsolicited requests through telephone, email, or social media.

In-store currency exchange bureaus

If you're looking to exchange your Bahrain dinar coins in person, there are a few options available to you. Here are some details on in-store currency exchange bureaus:

Travelex

Travelex is a well-known currency exchange provider that offers in-store pickup for your Bahrain dinars. You can order your desired amount of Bahrain dinars online and then collect them from one of their stores across the UK. They have over 25 locations, including stores and airports, making it convenient for travellers. Travelex also offers a buy-back service for unused currency notes, which can be done at any of their UK retail stores.

Asda Travel Money

Asda Travel Money offers a competitive exchange rate for Bahrain dinars and provides the convenience of buying your travel money while you shop. They have a Buy Back Promise, where they will buy back your unused Bahrain dinar notes at the original exchange rate. You can find their travel money bureaus in selected Asda stores across the UK.

TUI Holiday Store

TUI offers great rates and 0% commission on Bahrain dinars. You can order your desired amount online and then collect it from your nearest TUI Holiday Store. They have a user-friendly Click & Collect Express service, allowing you to order up to seven days in advance and collect at a time that suits you.

Global Exchange

Global Exchange is a currency exchange company with over 400 branches across 23 countries. They offer a variety of currencies, including exotic ones, and have immediate availability. You can order online and collect your desired currency, including Bahrain dinars, at the branch of your choice.

Leftover Currency

Leftover Currency is an online platform that allows you to exchange your leftover Bahrain dinar coins and notes. They provide a simple three-step process: list your currency in your online wallet, place your order, and then post your currency to them. They will then send your money via bank transfer, PayPal, or cheque within five working days.

Airports

Exchanging currency at the airport is a convenient option for many travellers. However, it is important to note that exchanging Bahraini dinars at the airport may be more expensive than other options. According to BookMyForex, exchanging currency at the airport will be 5-15% costlier than using their online platform.

Travelex is one company that offers currency exchange services at major UK airports. They offer both cash and card options for purchasing foreign currency.

If you are looking for a more cost-effective option, consider using an online forex marketplace such as BookMyForex, which offers competitive rates and a fully digital process for currency exchange.

Banks

Variety of Currencies

High-street banks typically only offer major currencies, and even then, travel money is usually a secondary business for them. This means that you may encounter a limited selection of currencies available for exchange. If you're specifically looking to exchange Bahrain dinar coins, it's worth checking with your bank beforehand to see if they can accommodate your request.

Availability of Currencies

Obtaining exotic currencies from banks can sometimes be a challenge. You may need to make multiple visits to your bank before you can get your hands on the desired amount of Bahrain dinar coins. This can be a time-consuming process, especially if the bank needs to order the currency and wait for it to arrive.

Exchange Rates and Commissions

Convenience and Accessibility

Using your bank for currency exchange usually involves visiting a physical branch and may require placing an order in advance. This can be less convenient than using online services or specialised currency exchange providers, which often offer click-and-collect or home delivery options.

Security and Peace of Mind

Exchanging currencies at a bank can provide a sense of security and trustworthiness. Banks are typically seen as more reliable and established institutions for financial transactions. This can be an important factor for individuals who prioritise peace of mind when dealing with money.

In summary, while banks can be a viable option for exchanging Bahrain dinar coins, they may not always offer the most favourable rates or convenience. It's essential to weigh the pros and cons before making a decision and to consider alternative options, such as specialised currency exchange services, which may provide a wider range of currencies, competitive rates, and more flexible delivery or collection options.

Hotels in Gulf Cooperation Council (GCC) countries

The Gulf Cooperation Council (GCC) is a political and economic alliance of six Middle Eastern countries: Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman. The GCC was established in Riyadh, Saudi Arabia, in May 1981.

Hotels in Saudi Arabia

As one of the world's leading religious tourism destinations, Saudi Arabia offers a range of accommodations, from luxury hotels in cities like Riyadh and Jeddah to more modest options near religious sites.

Hotels in Kuwait

Kuwait City, the country's capital, boasts a variety of hotels, from high-end luxury brands to smaller, family-run establishments. Beachfront resorts are also popular, offering easy access to the Kuwait Bay and the Persian Gulf.

Hotels in the United Arab Emirates

The UAE is known for its luxury hospitality and boasts some of the world's most iconic hotels, particularly in Dubai and Abu Dhabi. From the world's tallest hotel, the Burj Khalifa, to resorts on artificial islands, the UAE offers unique and extravagant accommodations.

Hotels in Qatar

Doha, the capital of Qatar, has a range of hotels catering to business travellers and tourists. The city has seen a boom in hotel construction in recent years, with many global brands establishing a presence in anticipation of the 2022 FIFA World Cup.

Hotels in Bahrain

Bahrain offers a mix of luxury resorts and boutique hotels, particularly in the capital, Manama. With a strong focus on tourism, the country caters to a range of budgets and preferences, including beachfront properties and those integrated with popular shopping malls.

Hotels in Oman

Oman's hospitality industry has developed rapidly in recent years, with a focus on luxury and unique experiences. From beach resorts in Muscat to mountain retreats in Jabal Akhdar, hotels in Oman offer diverse experiences showcasing the country's natural beauty.

Regarding your initial query, you can exchange Bahraini dinar coins and banknotes with online services like Leftover Currency and Travelex, or in-person at Global Exchange branches.

Frequently asked questions