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Bahraini Dinar

Bahraini dinar
دينار بحريني  (Arabic)
ISO 4217
Code BHD
Denominations
Subunit
11000 fils
Symbol .د.ب (Arabic) or BD (Latin)
Banknotes BD 12, BD 1, BD 5, BD 10, BD 20
Coins 5, 10, 25, 50, 100, BD 12 (500 fils)
Demographics
User(s)  Bahrain
Issuance
Monetary authority Central Bank of Bahrain
 Website www.cbb.gov.bh
Valuation
Inflation 7%
 Source The World Factbook, 2008 est.
Pegged with U.S. dollar (USD)
$1 USD = 0.376 BD

The dinar (Arabic: دينار‎‎ Dīnār Baḥrēnī) (sign: .د.ب or BD; code: BHD) is the currency of Bahrain. 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 abbreviated .د.ب (Arabic) or BD (Latin). It is usually represented with three decimal places denoting the fils.

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.

The Central Bank of Bahrain discontinued the Bimetallic 500 fils after the revolution of Bahrain on 14 Feb 2011.

For a wider history surrounding currency in the region, see The History of British Currency in the Middle East.

On October 16, 1965, the Bahrain Currency Board introduced notes in denominations of 14, 12, 1, 5 and 10 dinars; a 100-fils note was introduced on September 2, 1967. In 1973, the Bahrain Monetary Agency took over the issuance of paper money, and in 1979 it introduced a new family of notes dated 1973 in Arabic, with denominations of 12, 1, 5, 10 and 20 dinars. On September 7, 2006, the Bahrain Monetary Agency was renamed the Central Bank of Bahrain. On March 17, 2008, the Central Bank of Bahrain introduced a new family of notes reflecting Bahrain's heritage as well as its modern development. Saudi riyals are also acceptable in Bahrain, with the exception of the Saudi 500 riyal note which is only accepted in major supermarkets, airports and electronic shops. On September 4, 2016, the Central Bank of Bahrain has introduced 10 and 20 dinars notes which are like the preceding issues, but with enhanced security features (SPARK and Motion thread) and tactile lines added at center right front for the visually impaired.


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