Convert Bahraini Dinar to Philippine Peso
Convert Bahraini Dinar (BHD) to Philippine Peso (PHP) 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 Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, an archipelago nation of over 7,000 islands in Southeast Asia. Introduced in its modern form in 1949 when the Central Bank of the Philippines was established, the peso replaced the controlled "win" currency used during and after World War II. Bangko Sentral ng Pilipinas (BSP) manages monetary policy with a managed float. The Philippines is one of Asia's fastest growing economies, with remittances from over 10 million overseas Filipino workers (OFWs) forming a critical economic pillar representing about 10% of GDP.
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).