Fils


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Fils

A division of the currency in several Arabic speaking countries. Many currencies, such as the Emirati dirham and the Bahraini dinar, are divided into 100 or 1,000 fils.
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References in periodicals archive ?
Authorities have stated in the past that diesel prices remained unchanged from 1985 until 2008 - being sold all these years for 70 fils per litre (land transport) and 80 fils per litre (maritime sector).
Meanwhile, Al Wardi Transport, one of the biggest fleet operators of trucks and equipment in Bahrain, said the scheduled increase in diesel price would affect business especially since the price in neighbouring Saudi Arabia was 45 fils per litre.
"Saudi Arabia's current diesel price is 45 fils per litre while we in Bahrain are increasing it to 180 fils per litre, which is a big cost difference."
They will also be paying 80 fils per water unit in the first category this year followed by 200 fils next year, 450 fils in 2018 and 750 fils in 2019.
However, large corporations and factories will pay 19 fils this year, 22 fils next year, 25 fils in 2018 and 29 fils in 2019 for usages of 5,000 to 250,000 units, and 21 fils, 23 fils, 26 fils and 29 fils respectively for between 250,001 units and 500,000 units.
Those with 500,001 units and above will have to pay 29 fils per unit.
Both tellers said they don't use the small fils and have no stock of it in their branch.
She took her container to check but only found a minimum of 50 fils. "We don't have the smaller denominations.
When asked to break the Dh10 into small change, one teller offered 25 fils, 50 fils and Dh1 coins.
"There are no 5 fils or 10 fils coins any more," the teller said.
An approximation based on reader feedback puts the average money lost in transactions due to shortage of 1, 5 and 10 fils coins at Dh10 per month per household.
Residents say that since almost every business in the country charges customers to the actual fils despite the fact that 5 fils and 10 fils are not in wide circulation, it amounts to hidden costs to the shopper.