Bahrain - Bahraini Dinar - Currency Guide

BHD News, Forecasts and Trends

The below interactive chart shows the USD to BHD exchange rate, trend and recent alerts for the last 90 days.

U$1,000 USD
=
377.05 BHD

Converted at USD/BHD wholesale exchange rate, compare foreign transfer and spend/travel exchange rates.

Travel, Currency and Money saving tips for Bahrain

The Bahraini Dinar (BHD) is the currency of Bahrain and is pegged to the US$ at 1US=0.376BD. Plastic is generally recommended when travelling whilst most ATMs dispense cash should you need it. Currency exchange counters are also common in the capital, Manama. Try to change all your Dinars back to your local currency before you leave (the airport is always a convenient place to do this) as currency conversion can vary drastically overseas, if they exchange it at all

Travel money for Bahrain

Save money and time by Ordering your Bahraini Dinar online from Travelex, you get better rates and can pick up the BHD cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Bahraini Dinar otherwise you may get much worst exchange rates.

Sending money to Bahrain

When searching around for information on how to get a good exchange rate when sending money to Bahrain you need to start with finding out the latest Bahraini Dinar exchange rate for foreign-transfers, which can be very different to the wholesale rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save - we make that calculation easy in the below table.

Get a better deal for foreign transfers to Bahrain

When sending money to Bahrain it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

1. Open an account with a BER reviewed FX provider (id docs may be required)
2. You specify the local or Bahraini Dinar amount you want to transfer
3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
4. Once your funds are received by the provider the converted BHD amount will be transfered to the recipient account you specify in Bahrain.

Use the above Send to Bahraini Dinar calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Bahraini Dinar deposited into the recipient bank account and less margins and fees kept by the banks!