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Buy, Sell or Transfer Bahraini Dinar (BHD) in India at the best exchange rates
| Currency Name | Buy Rate (Card Rate) | Sell Rate |
|---|---|---|
| View Detailed Rate card | ||
Looking for the best rate for Bahraini Dinar to Rupee? Did you enjoy your stay in Bahrain? Since the nation is known for bazaars that offer handwoven fabrics, pearls, and spices for sale, you must have carried extra Bahraini currency with you, isn’t it? Travelers from across the globe prefer shopping in Bahrain.
If you are back with unused Bahraini Dinar and are looking for the best rate for BHD to INR, then you have arrived at the right place. Using these leftover dinars could tempt you to pack your bags and head back to Bahrain. However, if you choose to give that thought a pass, we have got the best BHD to INR rate for you. Just the way we provided you the most competitive prices for converting INR to BHD , we ensure the best rates to convert Bahraini Dinar to INR.
Smart are those who carry extra foreign exchange during their overseas vacation as it’s always a better choice to reconvert BHD to INR than to buy forex in Bahrain. Not only is it expensive, but also a hassle. At Thomas Cook, we believe in meeting our travelers’ every pre- and post-travel need, like booking hotels, flights, tours and helping plan a successful trip.
All our branches provide the facility to convert BHD to INR and our dedicated staff can help you carry out the transaction online seamlessly. We also provide the convenience of converting foreign exchange at your doorstep.
BHD stands for Bahraini Dinar. As the name suggests, it is the official currency of Dinar. Since it replaced the Gulf Rupee in 1965, BHD has continued to be the official currency of the country. The high value of BHD lies in the fact that it is the second most valuable currency in the world after the Kuwaiti Dinar. With high exports of oil and natural gas, Bahrain has maintained quite a wealthy position not just in the Persian Gulf but across the globe. At a fixed rate of 2.659 USD per BHD, Bahrain has pegged its currency against the US Dollar.
Bahraini Dinar was introduced in 1965 until the country used the Gulf Rupee. Since 1973, the Bahrain Monetary Agency (known as the Central Bank of Dinar since 2006) has been issuing banknotes. Prior to 1973, it was the Bahrain Currency Board that looked after this task.
Currently, Bahrain has banknote denominations of 0.5, 1, 5, 10, and 20 Dinars. Bahrain also has coins in the denominations of 1, 5, 10, 25, 50, and 100 fils. The management of the currency is done by the Central Bank of Bahrain. 1,000 fils make 1 Bahraini Dinar.
The exchange rate of BHD to other currencies is the rate at which 1 Bahraini Dinar is exchanged in terms of another currency. In the case of the Indian National Rupee (INR), the exchange rate of BHD keeps fluctuating. This is because these two currencies are not pegged to each other. There are various factors that impact the exchange rate of BHD to INR. The international oil and natural gas prices are the centric factor here since Bahrain is one of the leading producers of these commodities. Apart from this, the inflation rate of the country and its economic and political advancement also impact the rates.
As of today, the exchange rate of BHD to INR is INR 216.86 per BHD. This means that an individual needs to pay 216.86 Indian National Rupee in order to exchange it for 1 Dinar.
Whether for the purpose of travelling or sending money to someone, you need to convert currencies. The Bahrain dinar rate today is INR 216.86 per BHD. Before you go for the actual conversion, you must check the current exchange rate so you can plan better. For this purpose, you can also use the currency converter that helps you with quick calculations. This online tool is designed to calculate the conversion rates of currencies based on the current exchange rate. As of today, the conversions may be:
1 BHD = INR 216.86
100 BHD = INR 21,686
1,000 BHD = INR 216,860, and
INR 1= 0.0046 BHD
INR 1,000= 4.6 BHD
INR 10,000= 46 BHD
The exchange rates of two currencies are determined by the monetary authorities of the respective countries. Since the monetary agencies are entitled to the task of administering and managing the currency, the exchange rate also falls in their administration. For BHD-INR exchange rates, the central banks of both countries are involved. Central Bank of Bahrain (Bahrain) and the Reserve Bank of India (India) are the institutions that determine the exchange rate. Considering the international commodity prices and the relations between both countries, the rates are fixed.
Bahraini Dinar holds a powerful position in the global markets due to its high value. After being pegged to the USD, the stability of the currency has been further maintained. On the other hand, INR is also one popular and important currency in the international market. It is currently a free-floating currency and not pegged to any other currency. Recently, INR has also undergone demonetisation in order to uplift the authenticity of the money flow in the country. Both countries have good trading relations. If you have plans to make BHD-INR transactions, do not forget to take the help of the currency converter.
Disclaimer: The figures are for illustrations only, as the currency rates are subject to change.
In this ever-evolving world, you no longer have to visit a currency exchange vendor to sell your unused foreign exchange. Visit the Thomas Cook website and use our online money converter assistant to know the live 1 BHD to INR rate. This tool offers you the ease of calculating the value of Bahraini currency to INR and aids you to sell forex online from the comfort of your home. What are you waiting for? Visit the Thomas Cook website, enter few details, and you are good to go.
Thomas Cook leads the market by being one of the world’s best forex and travel partners. Convert Bahraini Dinar to INR today and get the best value for your rupee by partnering with Thomas Cook.
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