US Dollar to Bahraini dinar — exchange rate

The US dollar ($) is the national currency of the United States of America, one of the global reserve currencies. It is used as an official currency unit in Salvador, Marshall Islands, Panama, Bermuda. USD is used as an abbreviation for convenience and internationalization purposes.

The US dollar is subdivided into cents. Every dollar has 100 cents. The currency has existed since 1792. The first dollars were made out of silver, then paper notes appeared. They have had the traditional greenish or grey color from the outset. Around 35 million pieces of dollars of different denomination worth 635 million emigrate to the USA daily. 95% of the banknotes are to replace worn-out notes.

The Bahraini dinar (BD) is the currency of Bahrain, used in Bahrain and the United Arab Emirates for 8 years from 1966. Today, it is only used in circulation within Bahrain itself. The BHD abbreviation is used to denote the currency on the international financial markets.

Dinar’s coin is called fils. One BHD equals 1000 fils. The currency was issued in 1966. Before that, Bahrain used the Gulf rupee for payment. The national central bank has undertaken the currency issuance since 2006. The rate of the national currency is connected to the American dollar.