1/2 Dinar In Indian Rupees

3 min read Jul 18, 2024
1/2 Dinar In Indian Rupees

1/2 Dinar in Indian Rupees

Introduction

The dinar is the official currency of several countries, including Bahrain, Jordan, Kuwait, and Iraq. In this article, we will explore the value of 1/2 dinar in Indian rupees.

What is a Dinar?

A dinar is a unit of currency that originated in ancient Rome and was later adopted by various countries in the Middle East. The value of a dinar varies depending on the country that issues it. In modern times, the dinar is pegged to the US dollar and is used as a reserve currency.

Countries that use the Dinar

Several countries use the dinar as their official currency, including:

  • Bahrain: The Bahraini dinar (BHD) is pegged to the US dollar and is one of the most valuable currencies in the world.
  • Jordan: The Jordanian dinar (JOD) is also pegged to the US dollar and is widely used in international trade.
  • Kuwait: The Kuwaiti dinar (KWD) is pegged to a basket of currencies, including the US dollar, and is considered one of the strongest currencies in the world.
  • Iraq: The Iraqi dinar (IQD) is the official currency of Iraq and is pegged to the US dollar.

Value of 1/2 Dinar in Indian Rupees

The value of 1/2 dinar in Indian rupees varies depending on the country that issues the dinar. Here are the approximate values of 1/2 dinar in Indian rupees:

  • Bahraini Dinar (BHD): 1/2 BHD = approximately ₹1,350 - ₹1,400
  • Jordanian Dinar (JOD): 1/2 JOD = approximately ₹800 - ₹900
  • Kuwaiti Dinar (KWD): 1/2 KWD = approximately ₹1,600 - ₹1,700
  • Iraqi Dinar (IQD): 1/2 IQD = approximately ₹0.35 - ₹0.40

Conclusion

In conclusion, the value of 1/2 dinar in Indian rupees varies depending on the country that issues the dinar. The Bahraini dinar and Kuwaiti dinar are considered to be among the most valuable currencies in the world, while the Iraqi dinar is one of the least valuable. It's essential to check the current exchange rates before converting dinars to Indian rupees.