Convert 16 US Dollar (USD) to Bahraini Dinar (BHD)
Exchange rates used for currency conversion updated on November 23rd 2024 ( 11/23/2024 )
Below you will find the latest exchange rates for exchanging US Dollar (USD) to Bahraini Dinar (BHD) , a table containing most common conversions and a chart with the pair's evolution.
The US Dollar (USD) to Bahraini Dinar (BHD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between US Dollar and Bahraini Dinar on 11/23/2024 is 1 USD = 0.3768 BHD - AVERAGE intraday quotes were used for this currency conversion.
The privately owned and government sanctioned United States Federal Reserve Bank manages the monetary policy for the United States dollar (USD). The USD is the the worlds most widely held reserve currency and the most traded currency in world currency trading markets. The USD is official currency in 14 countries and the unofficial or de facto currency in 37 others. The US dollar is the second largest currency in circulation having been surpassed by the euro. The USD is a floating fiat currency.
About Bahraini Dinar (BHD)
The Bahrain dinar is the official currency of Bahrain. It is symbolized with BHD or BD. The BHD is with the top three most highly valued currency units in the world. Meaning that a single BHD unit, the dinar, can purchase a larger basket of goods than most any other worldwide currency unit. This leads the BHD to be split into 1000 currency sub units in juxtaposition to most countries that split there primary currency unit into 100 parts.
Each of these 1/1000 dinar units is known as a fils. The Central Bank of Bahrain issues the BHD in 5, 10, 25, 50, 100, BD ½ ( 500 fils ) denominated coins and BD ½, BD 1, BD 5, BD 10, BD 20 denominated banknotes. It is common for Saudi riyals to be easily and openly accepted as currency in Bahrain.
