Converting from Bahraini Dinar (BHD) to Azerbaijani Manat (AZN)

What is Bahraini Dinar (BHD)

The Bahraini Dinar (BHD) is the official currency of Bahrain, a small but rich island nation in the Arabian Gulf. Introduced in 1965, the BHD replaced the Bahraini Dollar at a rate of 1 Dinar to 1 Dollar. The Dinar is subdivided into 1,000 fils, with coins available in various denominations, including 5, 10, 25, 50 fils, and 1 Dinar. Banknotes are issued in 1, 5, 10, 20, and 50 Dinar denominations.

The Bahraini Dinar is recognized for its stability and strength. It is pegged to the US dollar (USD) at a fixed exchange rate of approximately ＄2.65 per BHD, which helps provide economic stability. The economy of Bahrain relies heavily on petroleum, aluminum production, and finance, which are critical sector contributors to the national GDP.

What is Azerbaijani Manat (AZN)

The Azerbaijani Manat (AZN) is the currency of Azerbaijan, a country located in the South Caucasus region at the crossroads of Eastern Europe and Western Asia. The Manat was first introduced in 1992, replacing the Soviet Ruble, and underwent a re-issuance in 2006, featuring updated designs and improved security features.

One Manat is subdivided into 100 gopik, although coins in gopik are less commonly used in daily transactions. Banknotes are available in denominations of 1, 5, 10, 20, 50, and 100 Manat.

The Azerbaijani economy is diverse, with significant contributions from oil and gas, agriculture, and manufacturing. The Manat has experienced fluctuations against various currencies, influenced by global oil prices and economic policies. The Central Bank of Azerbaijan plays a crucial role in regulating the Manat, ensuring that inflation levels are manageable and maintaining economic stability.

Converting BHD to AZN

When converting Bahraini Dinars (BHD) to Azerbaijani Manat (AZN), it is important to understand the current exchange rate as it can fluctuate due to market demand, geopolitical events, and economic indicators. As of the latest data, 1 BHD is approximately equivalent to about 2.60 AZN; however, this rate can change.

To perform the conversion, you can use the formula:

Amount in AZN = Amount in BHD × Current exchange rate (BHD to AZN)

For example, if you have 100 BHD and the exchange rate is 2.60, the calculation will be:

Amount in AZN = 100 BHD × 2.60 = 260 AZN

Using reliable currency converters or consulting with financial institutions is essential to obtain real-time rates before making any transactions.