Convert 1 Bahraini Dinar (BHD) to United Arab Emirates Dirham (AED)
Exchange rates used for currency conversion updated on 29th June 2016 ( 29/06/2016 )
Below you will find the latest exchange rate for exchanging Bahraini Dinar (BHD) to United Arab Emirates Dirham (AED) , a table containing most common conversions and a chart with the pair's evolution.
The Bahraini Dinar (BHD) to United Arab Emirates Dirham (AED) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
The Bahrain dinar is the official currency of Bahrain. It is symbolized with BHD or BD. The BHD is with the top three most highly valued currency units in the world. Meaning that a single BHD unit, the dinar, can purchase a larger basket of goods than most any other worldwide currency unit. This leads the BHD to be split into 1000 currency sub units in juxtaposition to most countries that split there primary currency unit into 100 parts.
Each of these 1/1000 dinar units is known as a fils. The Central Bank of Bahrain issues the BHD in 5, 10, 25, 50, 100, BD ½ ( 500 fils ) denominated coins and BD ½, BD 1, BD 5, BD 10, BD 20 denominated banknotes. It is common for Saudi riyals to be easily and openly accepted as currency in Bahrain.
About United Arab Emirates Dirham (AED)
AED is the currency code for the United Arab Emirates dirham and is the official currency of the United Arab Emirates (UAE). The dirham is issued in increments of 1/100 dirham = 1 fils. Fils can be confused because of the "s" at the end and appear plural, but fils is in fact a singular word. AED is denominated in 25 fils, 50 fils, and 1 dirham coins and 5, 10, 20, 50, 100, 200, 500, and 1000 dirhams banknotes. The economy of the UAE is advanced, boasting the third highest GDP per capita in the world, the value of the AED is pegged to the United States Dollar, and the currency is issued by the Central Bank of the United Arab Emirates.