Bahraini Dinar


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Bahraini Dinar

The currency of Bahrain. It was introduced upon Bahrain's independence from the United Kingdom; it replaced the Gulf rupee. In 1980, the dinar was pegged to Special Drawing Rights, though in practice it was pegged to the U.S. dollar. The peg was officially changed to the dollar in 2001.
References in periodicals archive ?
The NCCTIP's budget during the year was 500,000 Bahraini dinar ($1.3 million) for operations and 376,000 Bahraini dinar ($997,350) for awareness and outreach programs, roughly equivalent to 528,300 and 265,000 Bahraini dinar ($1.4 million and $702,920), respectively, the year prior.
Dr Mashal said this would encourage local businesses to expand, boost employment opportunities, increase salaries and ultimately circulate more Bahraini dinars in the economy.
In terms of currency, the share of US dollar denominated assets was 44.7 per cent, while the GCC currencies (excluding Bahraini dinar) accounted for 8.5 per cent of total assets.
A statement yesterday referred to the call by BAB chairman Adnan Yousif to promote the benchmark interest rate on Bahraini dinar after Britain announced its intention to abandon the London Interbank Offered Rate (LIBOR_ by the end of 2021.
The Governor also said Bahrain was committed to the peg of the Bahraini Dinar against the US dollar.
31 (BNA): The Ministry of Transportation and Telecommunications (MTT)'s Bahrain Post has issued six commemorative stamps and a souvenir sheet crowned with the portrait of His Majesty King Hamad bin Isa Al Khalifa, on the occasion of the 50th Anniversary of the first Bahraini Dinar issued (1965--2015).
Dirham 0.98800 0.99500 Bahraini Dinar 9.66000 9.74800 Kuwaiti Dinar 11.96400 12.18800 Jordanian Dinar 5.09700 5.21400 Egyptian Pound 0.13500 0.22500 Chinese Yuan 0.46400 0.55800 Tunisian Dinar N/A 1.56000 Moroccan Dirham N/A 0.38400 U.S.
Under the partnership, Seef Mall located in the Seef District and Muharraq are registered as Gold Malls; entitling shoppers to three points for every one Bahraini Dinar spent while shopping at any of the retail outlets located in the mall including retail outlets, restaurants and Magic Island.
As I was getting down, a Bahraini man unexpectedly helped me and gave me a Bahraini dinar for the Saudi riyal.
This was due to a rise in the US dollar exchange rate, increase in the Bahraini dinar purchase power and decrease in oil prices, the minister said in reply to MP Jalal Fairooz.
Dirham 0.98800 0.99500 Bahraini Dinar 9.61000 9.70500 Kuwaiti Dinar 11.97500 12.17800 Jordanian Dinar 5.07500 5.19200 Egyptian Pound 0.13500 0.22500 Chinese Yuan 0.46200 0.55800 Tunisian Dinar N/A 1.55700 Moroccan Dirham N/A 0.38300 U.S.
This banknote is of the fourth issue of the Bahraini dinar which was initially issued on 17 March 2008 and is still in circulation.