Convert Bahraini Dinar to Qatari Riyal
Convert Bahraini Dinar (BHD) to Qatari Riyal (QAR) 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 Qatari Riyal
The Qatari Riyal (QAR) is the official currency of Qatar, one of the world's wealthiest countries by per capita income. The riyal has been pegged to the US Dollar at 3.64 QAR per USD since 2001, a peg maintained with ease due to Qatar's enormous oil and liquefied natural gas (LNG) revenues. Qatar holds the world's third largest proven natural gas reserves and is the world's largest exporter of LNG. The Qatar Central Bank manages the peg. The country hosted the FIFA World Cup in 2022, showcasing massive infrastructure development.
Quick Reference Table
| Bahraini Dinar (BHD) | Qatari Riyal (QAR) |
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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).