100 Bahraini Dinar to INR: A Comprehensive Guide
The Bahraini Dinar (BHD) is the official currency of Bahrain, a small island country in the Middle East. With its strong economy, Bahrain has become a popular destination for expats and tourists alike. If you're planning a trip to India from Bahrain, you might be wondering how much 100 Bahraini Dinar is worth in Indian Rupees (INR). In this article, we'll provide you with the latest exchange rate and some valuable insights into the currencies.
Current Exchange Rate:
As of the current date, the exchange rate is:
1 BHD = 191.23 INR
So, 100 Bahraini Dinar would be approximately:
100 BHD = 19,123 INR
History of the Bahraini Dinar
The Bahraini Dinar was introduced in 1965, replacing the Gulf Rupee. It's pegged to the US Dollar at a fixed rate of 1 USD = 0.376 BHD. The currency is issued by the Central Bank of Bahrain and is available in denominations of 1, 5, 10, 20, 50, 100, and 500 Bahraini Dinar.
History of the Indian Rupee
The Indian Rupee is the official currency of India and has a rich history dating back to the 6th century BCE. The modern Indian Rupee was introduced in 1957, replacing the British Indian Rupee. It's issued by the Reserve Bank of India and is available in denominations of ₹1, ₹2, ₹5, ₹10, ₹20, ₹50, ₹100, ₹200, ₹500, and ₹2000.
Tips for Exchanging Currency
- Always check the current exchange rate before exchanging your currency.
- Compare exchange rates at different banks and currency exchange services to get the best deal.
- Avoid exchanging currency at airports or tourist areas, as the rates might be less favorable.
- Consider using a credit/debit card or online money transfer services for better exchange rates and lower fees.
Conclusion
In conclusion, 100 Bahraini Dinar is approximately equal to 19,123 Indian Rupees. Understanding the exchange rate and having knowledge of the currencies can help you plan your trip better. Whether you're an expat or a tourist, being aware of the current exchange rate can save you money and make your journey more enjoyable. Happy travels!
