Convert Bahraini Dinar to British Pound Sterling
Please provide values below to convert Bahraini Dinar [BHD] to British Pound Sterling [GBP], or Convert British Pound Sterling to Bahraini Dinar.
How to Convert Bahraini Dinar to British Pound Sterling
1 BHD = 0.507970818697649 GBP
Example: convert 15 BHD to GBP:
15 BHD = 15 × 0.507970818697649 GBP = 7.61956228046474 GBP
Bahraini Dinar to British Pound Sterling Conversion Table
Bahraini Dinar | British Pound Sterling |
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Bahraini Dinar
The Bahraini Dinar (BHD) is the official currency of Bahrain, used for all monetary transactions within the country.
History/Origin
The Bahraini Dinar was introduced in 1965, replacing the Gulf rupee at par, and has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
The BHD is widely used in Bahrain for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.