The Bahraini Dinar rates below were last updated 3 minutes ago
If you're heading off to Bahrain soon you'll want to get the best deal on your Bahraini Dinar. Our free comparison service compares the best Bahraini Dinar rates from the biggest currency suppliers in the UK so you can see at a glance who is offering the top deals. We are currently comparing 22 suppliers selling Bahraini Dinars in the UK with exchange rates ranging from 0.4204 to 0.4521.
Many of the top suppliers listed above offer us exclusive exchange rates that are better than any other website which means if you order through us you could save even more money. We are so confident that you won't find better Bahraini Dinar exchange rates on any other UK website that we challenge you to let us know if you find a better deal!
The Bahraini Dinar is a pegged currency, with the exchange rate set by the International Monetary Fund and fixed to 1 USD = BHD 0.376. This means that there are two factors that are effecting the above exchange rates: firstly the rates are tied to the US Dollar which means any changes to the US Dollar will directly affect the Dinar, and secondly the profit margins of individual currency suppliers can affect the exchange rate and drive costs up.
All of the suppliers above are buying their Bahraini Dinars at the same rates on the same money markets but they have their own costs in fulfilling your order and dispatching it. The online bureau de change have far lower overheads and are able to offer you better Bahraini Dinar exchange rates regardless of the amount you are looking to buy (although many have a minimum order value of about £450).
Many currency suppliers, for example the Post Office and Currency Club, are offering better exchange rates for larger orders. It may be worth, if you are traveling with friends, seeing if you can place one larger order rather than several smaller ones to take advantage of these stepped exchange rates.
Due to the pegging to the US Dollar exchange rate the Bahraini Dinar is very volatile for the British tourist and it is wise to compare the rates frequently for a few days before you buy to ensure you get the best exchange Bahraini Dinar rate.
Bahrain and all the Middle East has had a turbulent past couple of years and we recommend that you take advantage of the FCO Know Before You Go campaign and check the latest travel advice before you travel.
You need a visa for entry to Bahrain. You can obtain a visa upon arrival but we recommend you order one online in advance to allow for a quicker and smoother border crossing. You can get a visa from one of two places:
At the discretion of the immigration officer you will be offered a visa for up to 3 months depending on your requirements. You may be asked to provide evidence of a return or onward travel ticket and you may not work in Bahrain under a visitor's visa.
Over the past week the Bahraini Dinar has dropped by 0.79% from last Tuesday's rate of 0.4557 to today's rate of 0.4521 which means £750 will buy you BD2.70 less now than it would have a week ago. During this period the best rate we recorded was 0.4557 on Tuesday and the worst rate is 0.4521 recorded today.
The 90 day outlook has seen the Bahraini Dinar rate drop by 7.64% from 0.4895 on 27th July 2016 to 0.4521 today. Based on these figures, £750 would have bought you BD28.05 more three months ago that it would have today. We recorded a high rate of 0.4971 on 6th September 2016 and a low rate of 0.45 on 11th October 2016.
Compare Holiday Money are partners of the Foreign & Commonwealth Office Know Before You Go campaign which provides official government advice for British travellers heading abroad.
The FCO release travel alerts containing important information for travellers to any countries where the safety or security of British citizens is at risk.
Updated: 20th October 2016
Latest update: Safety and security section - information about protests on 20 October 2016
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