Convert Bahraini Dinar to Chinese Yuan
Convert Bahraini Dinar (BHD) to Chinese Yuan (CNY) using daily updated exchange rates.
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Exchange Rate
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About Bahraini Dinar
The Bahraini Dinar (BHD) is one of the highest-valued currencies in the world by exchange rate. Introduced in 1965 to replace the Gulf rupee, it has been pegged to the US Dollar at 0.376 BHD per USD since 1980, making 1 dinar worth approximately 2.65 USD. Bahrain is a small but wealthy Gulf state, with an economy centred on oil refining, banking, and financial services. The dinar is divided into 1,000 fils, making it one of the few currencies with a three-decimal subdivision system. The Central Bank of Bahrain oversees monetary policy.
About Chinese Yuan
The Chinese Yuan (CNY), also known as the Renminbi (RMB, meaning "people's currency"), is the official currency of the People's Republic of China. Introduced in 1949 when the People's Republic was founded, it replaced multiple currencies issued by various warlords and governments. The People's Bank of China manages monetary policy using a managed floating exchange rate with reference to a basket of currencies. The yuan became an IMF Special Drawing Rights (SDR) reserve currency in 2016, recognising China's role as the world's second largest economy.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).