US Dollar to Bahraini Dinar Exchange Rate

Live Rate

= .د.ب 0.3767

Refreshing in: 60s | Thu, Feb 27, 12:30PM GMT

  • Cheap transfers
  • Bank-beating exchange rates
  • Safe and reliable

Historical Rate chart of USD and BHD

1
0
Updated: 27 Feb 2020 12:30:51 UTC
WorldRemit International Money Transfers

Why we like: WorldRemit

Send money to 140+ countries for bank deposit, instant e-wallet, mobile top-up or cash pickup at 30,000+ agent locations worldwide.

Your first transfer is free with the code FINDER.

  • Low upfront fees and exchange rates.
  • Easy to use with round-the-clock help.
  • Get cash to family and friends in minutes.

    How can I get the best exchange rate between US dollar and the Bahraini dinar?

    In order to get the best exchange rate, you should compare various money-changing services against the official mid-market rate. Check banks, online money transfer services and traditional moneychangers.

    Currencies with a pegged exchange rate offer an easier comparison than free-floating currencies since the exchange rate does not change from day to day. Keep in mind, however, that even though the Bahraini dinar is pegged to the US dollar, it still fluctuates in comparison to other currencies like the euro or the British pound.

    US Dollar

    The US dollar is the most traded currency in the world. The world’s unofficial reserve currency, it can be found in most major currency pairs. In forex, it’s an important benchmark and target rate for countries that fix or peg their currencies against its value. It is also used as the standard currency for oil, precious metals and other commodities.
    Currency:US Dollar
    Currency Symbol:$
    Sub unit:cents
    Bank notes:$1, $5, $10, $20, $50, $100
    Coins:1c, 5c, 10c, 25c, 50c

    Bahraini Dinar

    The Bahraini dinar is the official currency of Bahrain, an archipelago of 33 islands. The country is an international financial center in the oil-rich Gulf region of the world.
    Currency:Bahraini Dinar
    Currency Symbol:.د.ب (Arabic), BD (Latin)
    Sub unit:fils
    Bank notes:BD  1⁄2, BD 1, BD 5, BD 10, BD 20
    Coins:5, 10, 25, 50, 100, BD  1⁄2 (500 fils)

    What affects exchange rates between the US dollar and the Bahraini dinar?

    At the moment, some fiscal reforms appear to be necessary for the central bank to be able to maintain the dinar’s peg to the dollar over the long term.

    Forces that may be adding pressure on the peg policy include inflation, interest rates, and government debt in both countries. Since January 2017, the inflation rate in Bahrain has been fluctuating between 0.8% and 1.5%, whereas the inflation rate in the United States has been fluctuating between 3% and 1.5% over the same period.

    Interest rates in the countries involved also play a big role. Higher interest rates have a favorable effect on a country’s exchange rate since the currency is more appealing to investors. The interest rate in Bahrain averaged 1.39% from 2006 to 2017, reaching a high of 5% in early 2017.

    Government debt, more specifically as a percentage of GDP, is also used as a measure of a country’s ability to fulfill its obligations. Bahrain recorded a government debt equivalent to 82.1% of the country’s GDP in 2016. Higher government debt, as compared to GDP, makes the currency unattractive to foreign investors, putting downward pressure on exchange rate.

    Send money from USD to BHD

    Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
    USD 1 1 - 2 days USD 0.00 0.375 BHD 1,874 Offering no maximum and no minimum limit transfers with $0 fees. Go to site Show details
    EUR 1,000 1 - 2 days USD 10.00 0.373 BHD 1,861 Use TransferMate to help you send money to almost any country around the world for a small fee. Go to site Show details
    USD 1 Within an hour USD 3.99 0.375 BHD 1,874 Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details
    GBP 1,000 1 - 2 days USD 0.00 0.373 BHD 1,865 Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
    For larger transfers, get no transaction fees and no maximum send limits.
    Go to site Show details

    Compare up to 4 providers


    How does the Bahraini dinar trade against the US dollar historically?

    The Central Bank of Bahrain follows a pegged exchange rate policy and maintains an exchange rate peg at 0.376 Bahraini dinar for one US dollar. The exchange rate peg provides stability for its monetary policy, thereby allowing the central bank to control inflation and protect the currency’s external value.

    US Dollar to the Bahraini Dinar for the last 10 days

    Feb 17 Feb 18 Feb 19 Feb 20 Feb 21 Feb 22 Feb 23 Feb 24 Feb 25 Feb 26
    1 USD = 0.3770 Inverse: 2.6528 0.3770 Inverse: 2.6523 0.3770 Inverse: 2.6522 0.3770 Inverse: 2.6525 0.3769 Inverse: 2.6534 0.3769 Inverse: 2.6534 0.3769 Inverse: 2.6532 0.3770 Inverse: 2.6527 0.3770 Inverse: 2.6522 0.3767 Inverse: 2.6549

    US Dollar to the Bahraini Dinar for the last 10 months

    Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020
    1 USD = 0.3770 Inverse: 2.6524 0.3770 Inverse: 2.6525 0.3770 Inverse: 2.6525 0.3770 Inverse: 2.6523 0.3769 Inverse: 2.6533 0.3770 Inverse: 2.6529 0.3770 Inverse: 2.6524 0.3770 Inverse: 2.6525 0.3772 Inverse: 2.6513 0.3769 Inverse: 2.6529

    US Dollar to the Bahraini Dinar for the last 10 years

    Feb 2010 Feb 2011 Feb 2012 Feb 2013 Feb 2014 Feb 2015 Feb 2016 Feb 2017 Feb 2018 Feb 2019
    1 USD = 0.3765 Inverse: 2.6560 0.3766 Inverse: 2.6557 0.3765 Inverse: 2.6564 0.3770 Inverse: 2.6524 0.3770 Inverse: 2.6527 0.3770 Inverse: 2.6527 0.3769 Inverse: 2.6532 0.3770 Inverse: 2.6524 0.3769 Inverse: 2.6531 0.3769 Inverse: 2.6530

    Market rate for common transfer amounts USD to BHD

    US Dollars (USD) Bahraini dinar (BHD)
    $1 0
    $100 0
    $500 0
    $1000 0
    $1500 0
    $2500 0
    $5000 0


    Ask an Expert

    You are about to post a question on finder.com:

    • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
    • finder.com is a financial comparison and information service, not a bank or product provider
    • We cannot provide you with personal advice or recommendations
    • Your answer might already be waiting – check previous questions below to see if yours has already been asked

    Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

    By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

    Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
    Go to site