Convert Bahraini Dinar to New Zealand Dollar
Please provide values below to convert Bahraini Dinar [BHD] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to Bahraini Dinar.
How to Convert Bahraini Dinar to New Zealand Dollar
1 BHD = 0.225284601557819 NZD
Example: convert 15 BHD to NZD:
15 BHD = 15 × 0.225284601557819 NZD = 3.37926902336729 NZD
Bahraini Dinar to New Zealand Dollar Conversion Table
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Bahraini Dinar
The Bahraini Dinar (BHD) is the official currency of Bahrain, used for all monetary transactions within the country.
History/Origin
The Bahraini Dinar was introduced in 1965, replacing the Gulf rupee at par, and has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
The BHD is widely used in Bahrain for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.