Bahraini dinar

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Bahraini dinar دينار بحريني (Arabic)
Image:OneBahrainiDinar.jpg Image:100BahrainFils.jpg 1 dinar 100 fils
ISO 4217 Code	BHD
User(s)	Image:Flag of Bahrain.svg Bahrain
Inflation	3.5%
Source	The World Factbook, 2006 est.
Pegged with	U.S. dollar = BD 0.376
Subunit
1/1000	fils
Symbol	.د.ب (Arabic) or BD (Latin)
Coins	5, 10, 25, 50, 100, 500 fils
Banknotes	BD ½, BD 1, BD 5, BD 10, BD 20
Monetary authority	Central Bank of Bahrain
Website	www.cbb.gov.bh

The dinar (Arabic: دينار)is the currency of Bahrain. The ISO 4217 currency code is BHD. It is divided into 1000 fils (فلس). The name dinar derives from the Roman denarius. The dinar was introduced in 1965, replacing the Gulf rupee at a rate of 10 rupees = 1 dinar. The Bahraini dinar is written .د.ب (Arabic) or BD (Latin). It is usually represented with three decimal places denoting the fils.

Contents 1 Coins 2 Banknotes 3 Fixed exchange rate 4 See also 5 References 6 External links

[edit] Coins

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, with the others in cupro-nickel. The 1 fils coin was not produced after 1966 and no longer circulates. In 1992, brass replaced bronze in the 5 and 10 fils and a bimetallic 100 fils coin was introduced. A bimetallic 500 fils followed in 2000.

Coins of the Bahraini dinar
Image	Value	Diameter	Weight	Composition	Obverse	Reverse	First Minted Year
	1 fils	?? mm	?? g	Bronze	Palm tree	Value	1965
Image:Bah 5fils 1965.gif	5 fils	18 mm	?? g	Bronze	Palm tree	Value	1965
Image:Bah 10fils 1965.gif	10 fils	24 mm	?? g	Bronze	Palm tree	Value	1965
Image:Bah 25fils 1965.gif	25 fils	?? mm	?? g	Cupro-nickel	Palm tree	Value	1965
Image:Bah 50fils 1965.gif	50 fils	20 mm	?? g	Cupro-nickel	Palm tree	Value	1965
Image:Bah 100fils 1965.gif	100 fils	25 mm	?? g	Cupro-nickel	Palm tree	Value	1965
	5 fils	?? mm	?? g	Brass	Palm tree	Value	1992
Image:Bah 10fils 1992.gif	10 fils	21 mm	3.35 g	Brass	Palm tree	Value	1992
	25 fils	?? mm	?? g	??	Ancient painting	Value	1992
Image:Bah 50fils 2000.gif	50 fils	22 mm	3.5 g	??	Boat	Value	1992
Image:100BahrainFils.jpg	100 fils	24 mm	?? g	Brass ring, cupro-nickel centre	Coat of Arms	Value	1992
	500 fils	27 mm	?? g	Cupro-nickel ring, brass centre	Monument	Value	2000

[edit] Banknotes

In 1965, The Bahrain Currency Board introduced notes in denominations of 100 fils, ¼, ½, 1, 5 and 10 dinar. In 1973, the Bahrain Monetary Agency took over production of paper money, issuing notes for ½, 1, 5, 10 and 20 dinar. In 2006, the Monetary Agency was renamed the Central Bank but notes bearing this new name have yet to be introduced.

[edit] Fixed exchange rate

In December 1980, the dinar was officially pegged to the IMF's Special Drawing Rights (SDRs). In practice, it is fixed at 1 U.S. dollar = BD .376, which translates to approximately 1 dinar = 2.65957 dollars^[1]. This rate was made official in 2001. Before Malta's adoption of the euro on 1 January 2008, it was the third highest valued currency unit after the Kuwaiti dinar and Maltese lira. Now it is the second highest.

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Note: Rates obtained from these websites may contradict with pegged rate mentioned above

[edit] See also

• Gulf Rupee
• Cooperation Council for the Arab States of the Gulf
• Economy of Bahrain

[edit] References

[edit] External links

• Don's World Coin Gallery - Bahrain
• Ron Wise's World Paper Money - Bahrain ^{Mirror site}
• Tables of Modern Monetary Systems by Kurt Schuler - Asia ^{Mirror site}
• The Global History of Currencies - Bahrain
• Global Financial Data currency histories table (Image:Crystal 128 kspread.png Microsoft Excel format)

Preceded by: Gulf rupee Ratio: 1 dinar = 10 rupees = 0.75 British pound	Currency of Bahrain 1965 –	Succeeded by: Current
	Currency of Abu Dhabi 1966 – 1973	Succeeded by: United Arab Emirates dirham Ratio: 1 dirham = 0.1 dinar

v • d • e Currencies named dinar or similar
Circulating	Algerian dinar (دينار) · Bahraini dinar (دينار) · Iraqi dinar (دينار) · Jordanian dinar (دينار) · Kelantanese dinar (unofficial) · Kuwaiti dinar (دينار) · Libyan dinar (دينار) · Macedonian denar (денар) · Serbian dinar (динар) · Tunisian dinar (دينار)
Obsolete	Bosnia and Herzegovina dinar · Croatian dinar · French denier · Krajina dinar (динар) · Portuguese dinheiro · Republika Srpska dinar (динар) · South Yemeni dinar (دينار) · Spanish dinero · Sudanese dinar (دينار) · Yugoslav dinar (динар)
As subunit	Iranian qiran (قران) · Iranian rial (ریال)
See also	Andorran diner (commemorative) · denarius · E-dinar · Islamic gold dinar · Swiss dinar (used in Iraq)

v • d • e Currencies of Asia
Central	Afghan afghani · Kazakhstani tenge · Kyrgyzstani som · Mongolian tögrög · Russian ruble · Tajikistani somoni · Turkmenistani manat · Uzbekistani som
East	Chinese yuan · Hong Kong dollar · Japanese yen · Macanese pataca · North Korean won · New Taiwan dollar · South Korean won
South-East	Brunei dollar · Cambodian riel · Indonesian rupiah · Lao kip · Malaysian ringgit · Myanma kyat · Philippine peso · Singapore dollar · Thai baht · U.S. dollar (East Timor) · Vietnamese đồng
South	Bangladeshi taka · Bhutanese ngultrum · Indian rupee · Maldivian rufiyaa · Nepalese rupee · Pakistani rupee · Sri Lankan rupee
West	Armenian dram · Azerbaijani manat · Bahraini dinar · Egyptian pound · Euro (Cyprus) · Georgian lari · Iranian rial · Iraqi dinar · Israeli new sheqel · Jordanian dinar · Kuwaiti dinar · Lebanese lira · Omani rial · Qatari riyal · Saudi riyal · Syrian pound · Turkish new lira · UAE dirham · Yemeni rial

ar:دينار بحريني

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