Bahraini Dinar

The Bahraini Dinar is the official currency of Bahrain. It is divided into 1000 fils. The Bahraini Dinar is pegged to the US Dollar. 1 Bahraini Dinar = 2.65 US Dollars. The history of the Bahraini Dinar dates back to 1965, when Bahrain became independent from the United Kingdom. At that time, Bahrain decided to peg its currency to the US Dollar. This peg has remained in place ever since. The Bahraini Dinar is one of the strongest currencies in the world. In fact, it is often referred to as the “Swiss Bank Account of the Middle East”. This is because the Bahraini Dinar is seen as a safe haven currency, due to its peg to the US Dollar. The Bahraini Dinar is also one of the most expensive currencies in the world. 1 Bahraini Dinar is worth 2.65 US Dollars. This makes the Bahraini Dinar one of the strongest currencies in the world.