Saturday, September 18, 2021

Money & Shopping in Bahrain

AsiaBahrainMoney & Shopping in Bahrain

The Bahraini Dinar (BD) is Bahrain’s currency, and it is split into 1000 fils. A dinar is worth almost three dollars (US $ 2.66, to be exact, since the exchange rate is set), making it one of the world’s most powerful currencies (second only to Kuwait), and this may be difficult to adjust to. Apparently, the low-cost 10-dinar cab trip is really almost $ 27 and therefore an extortion scheme!

The dinar is a freely convertible currency with no import or export restrictions at the moment. 5 fils, 10 fils, 25 fils, 50 fils, and 100 fils are the coin denominations (you rarely see 500 fil coins, but they are valid). The banknotes come in denominations of 500 fils (BD 1/2), BD 1, BD 5, BD 10, and BD 20.

The dinar is pegged to the Saudi Riyal at 1:10, and rials are accepted nearly everywhere at that rate. However, you will almost certainly get your change in dinars, and hotels may attempt to cheat you out of a tiny portion of your money. If you’re coming from Saudi Arabia, there’s no need to change your money, but you should attempt to get rid of any extra dinars before leaving the country, since they’re difficult to exchange anywhere, even in Saudi Arabia.

Costs

Bahrain, like other Gulf nations, is not inexpensive. A good meal may cost about BD 4.0, and vehicle rental for 10-20 dls / day is acceptable, however hotel rates can impact your budget: a completely average room in a hotel You may put BD 50 on it. If you want to get a good deal, avoid going to Bahrain for the annual Formula One event in April. Hotel costs will treble. During the race, a room at the Gulf Hotel may cost more than BD 300 per night.

Shopping

In Bahrain, there are many large shopping malls with worldwide name and luxury stores, apothecaries, supermarkets, food courts, traditional and modern cafés, play areas and arcades, theaters (3D and 2D), and even an entry gate to an aquatic park.

A trip to the local souk is a must. There, you may haggle over the price of “rolexes,” jewelry, and a variety of other items. Many outstanding tailors may be found in the souk. If you stay long enough (say, a week), you may wear a favorite outfit and “clone” it with accuracy in any material from the vast selection available.