coins

What is the currency of Bahrain?

Bahrain

Bahrain is one of the Arab countries located in the Arabian Gulf, specifically in the eastern side of the Arabian Peninsula. It is officially known as the Kingdom of Bahrain. Its capital is the city of Manama. Its system of government is a constitutional monarchy. Its population is 1.377.000 million people, according to 2015 statistics. M, and its official language is Arabic.

The currency of the State of Bahrain

The Bahraini dinar is considered the official currency of the State of Bahrain, and is symbolized by BHD, and is divided into one thousand fils. The currency was issued in 1965 AD, and among the banknotes in circulation are: 500 fils (half a dinar), one dinar, 5 dinars, 10 dinars, and 20 dinars, and among the metal coins 5 fil, 10 fils, 25 fils, 50 fils, 100 fils, and 1992 fils. In 5 AD, bronze metal was replaced with brass metal in denominations of 10 fils and 100 fils. 2000 fils were also manufactured, and in 500 AD a XNUMX fils denomination was manufactured.

Characteristics of the currency of Bahrain

  • The print is prominent on the surface of the banknote, and it is characterized by roughness.
  • When the banknote is exposed to any light source, a watercolor image of King Hamad bin Isa Al Khalifa appears in its center.
  • The denomination of the banknote has a hidden print located on the gray left side of the face of the banknote, and it also appears when the banknote is moved.
  • There are prominent, successive horizontal lines that appear in the upper right corner of the front of the paper. These lines are important for those who suffer from poor vision and the blind.
  • It contains a shiny three-dimensional silver layer located on the left side of the face of the banknote, specifically for the denominations of 5 dinars, 10 dinars, and XNUMX dinars.
  • It contains a metal security thread that is located intermittently on the back of the paper, and on it is written the abbreviation name of the Central Bank. It also contains a golden stripe located on the back of the paper, which can be seen when the paper is moved.
  • There are many decorative shapes located at the top of the paper, as they are distinguished by their integrity and matching between the two sides of the paper after exposing it to light.
  • When the face of the banknote is exposed to ultraviolet rays, the value of the denomination appears on it, as it is in a different place from all denominations, and the red vertical serial number also appears in phosphorescent color.
  • There is very fine writing in the form of a straight line located at the top of the decoration located at the bottom of both sides of the paper.

Economy of Bahrain

Its economy is considered open. At the end of the twentieth century AD, Bahrain invested heavily in the tourism sector and the banking sector, and its economy depends on:

Read also:What is the currency of Britain
  • Banking and financial services.
  • Petroleum production and export.
  • Production and export of aluminum and building materials.
Previous
The currency of the State of Qatar
Next
What is the currency of Kuwait before the dinar?