Currency in Bahrain
A practical currency and money guide to travel, living and doing business in Bahrain and the Bahraini dinar (BHD).
What's in this Bahrain currency guide:
What currency is used in Bahrain?
The official currency of Bahrain (country code: BH) is the Bahraini dinar, with symbol and currency code BHD.
Things to know about the Bahraini dinar
The currency code "BHD" refers to the Bahraini dinar, which is the official currency of Bahrain. It is represented by the symbol "د.ب" and is abbreviated as BHD. The physical currency consists of coins and banknotes. The coins come in denominations of 1 fils, 5 fils, 10 fils, 25 fils, and 50 fils. The banknotes come in denominations of 1 dinar, 5 dinars, 10 dinars, 20 dinars, and 50 dinars. The banknotes feature images of famous Bahraini historical figures, such as Sheikh Isa bin Salman Al Khalifa and Sheikh Hamad bin Isa Al Khalifa. The design of the currency is constantly being updated, so the physical appearance of the coins and banknotes may vary slightly over time.
Travel Ideas and Money Tips for Bahrain
Bahrain is a small island country located in the Persian Gulf, off the coast of Saudi Arabia. It has a population of around 1.6 million people and the official language is Arabic. The currency is the Bahraini Dinar.
Bahrain is known for its rich history and cultural heritage, with a number of ancient sites and landmarks to visit, including the Bahrain Fort and the Tree of Life. The country is also home to a number of modern attractions, including the Bahrain International Circuit, a world-class motor racing facility, and the Bahrain World Trade Center, a iconic skyscraper with a sail-shaped design.
Here are a few travel tips for visiting Bahrain:
Respect local customs: Bahrain is a predominantly Muslim country, and it's important to be respectful of local customs and traditions. This includes dress codes, particularly for women, and observing appropriate behavior in places of worship.
Pack for the weather: Bahrain has a hot and humid climate, with temperatures ranging from the mid-70s Fahrenheit (around 25°C) in the winter to the mid-100s Fahrenheit (around 40°C) in the summer. Be sure to pack lightweight, breathable clothing and plenty of sunscreen.
Learn a few phrases in Arabic: While English is widely spoken in Bahrain, it's always appreciated when visitors make an effort to speak the local language. Learning a few phrases in Arabic can go a long way in showing your respect for the culture of the country.
Stay hydrated: The heat and humidity in Bahrain can be intense, so it's important to stay hydrated. Bring a water bottle and refill it regularly to avoid dehydration.
Protect yourself from mosquito bites: Mosquitoes are prevalent in Bahrain and can carry diseases such as malaria and dengue fever. It's a good idea to bring insect repellent and take precautions to protect yourself from mosquito bites.
Use caution when driving: Traffic in Bahrain is chaotic.
Respect local customs: Bahrain is a predominantly Muslim country, and it's important to be respectful of local customs and traditions. This includes dress codes, particularly for women, and observing appropriate behavior in places of worship.
Pack for the weather: Bahrain has a hot and humid climate, with temperatures ranging from the mid-70s Fahrenheit (around 25°C) in the winter to the mid-100s Fahrenheit (around 40°C) in the summer. Be sure to pack lightweight, breathable clothing and plenty of sunscreen.
Learn a few phrases in Arabic: While English is widely spoken in Bahrain, it's always appreciated when visitors make an effort to speak the local language. Learning a few phrases in Arabic can go a long way in showing your respect for the culture of the country.
Stay hydrated: The heat and humidity in Bahrain can be intense, so it's important to stay hydrated. Bring a water bottle and refill it regularly to avoid dehydration.
Protect yourself from mosquito bites: Mosquitoes are prevalent in Bahrain and can carry diseases such as malaria and dengue fever. It's a good idea to bring insect repellent and take precautions to protect yourself from mosquito bites.
Use caution when driving: Traffic in Bahrain is chaotic!
Expat Money & Business Guide to Bahrain
Managing your finances in Bahrain
Here we list some key points for expats and businesses to consider when managing financial dealings in Bahrain:
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Understand Bahraini dinar currency exchange rates: Exchange rates can have a big impact on your finances, so it is important to keep an eye on the BHD exchange rate and consider using a currency exchange service or a credit card that does not charge foreign transaction fees to get the best exchange rate.
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Use a local Bahraini dinar bank account: A local BHD bank account can make it easier for you to manage your finances and pay bills while you are in Bahrain. It may also be more convenient to use a local BHD bank account to make purchases and withdraw cash.
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Research local laws and regulations: It is important to understand the local laws and regulations that apply to financial transactions in Bahrain. This can help you avoid legal issues and ensure that you are complying with local requirements.
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Consider the tax implications: It is important to understand the tax implications of living or doing business in Bahrain. This can help you plan your finances and ensure that you are paying the correct amount of tax.
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Seek financial advice: If you are unsure of how to manage your finances in Bahrain, it is a good idea to seek the advice of a financial professional who is familiar with the local financial system. This can help you make informed decisions and avoid financial pitfalls.
BHD/USD – Market Data
The exchange rate of Bahraini dinar (BHD), or the amount of BHD that can be exchanged for a foreign currency, can fluctuate rapidly based on a number of factors, including economic conditions, interest rates, and political events. Below you can check the latest BHD/USD rate plus recent trend, chart, and historic rates.
| Date | BHD/USD | Period |
|---|---|---|
08 May 2023 | 2.6526 | 2 Week |
21 Feb 2023 | 2.6522 | 3 Month |
22 May 2022 | 2.6526 | 1 Year |
23 May 2018 | 2.6487 | 5 Year |
24 May 2013 | 2.6525 | 10 Year |
27 May 2003 | 2.6560 | 20 Year |
Compare Bahraini dinar Exchange Rates & Fees
The below comparison table makes it easy to find the best exchange rates and lowest fees when you want to make an International Money Transfer to Bahrain or planning a trip or maybe living there, so will need to exchange and spend Bahraini dinar.
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It is important to note that the exchange rate of the Bahraini dinar can change rapidly and that past performance is not necessarily indicative of future performance. It is advisable to carefully consider the risks and factors that may affect BHD exchange rates before making any financial decisions.
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