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The dinar was introduced in 1965, replacing the Gulf rupee. In 2001 the dinar was officially pegged to the US Dollar at 1 USDr = BD 0.376, which translates to approximately 1 dinar = 2.65957 dollars and, consequently, 10 Saudi Arabian Riyals. It is the second highest valued currency.
Until 1973, Qatar and Dubai jointly issued the riyal. However, following Dubai's entrance into the United Arab Emirates, Qatar began issuing the Qatari riyal separate from Dubai. It is pegged against the US Dollar at 1 USD = 3.64 riyal.
1 BHD = 9.6809 QAR
Bahraini DinarQatari Riyal
