Convert Bitcoin to Bahraini Dinar
Please provide values below to convert Bitcoin [BTC] to Bahraini Dinar [BHD], or Convert Bahraini Dinar to Bitcoin.
How to Convert Bitcoin to Bahraini Dinar
1 BTC = 2.24731623686066e-05 BHD
Example: convert 15 BTC to BHD:
15 BTC = 15 × 2.24731623686066e-05 BHD = 0.000337097435529099 BHD
Bitcoin to Bahraini Dinar Conversion Table
| Bitcoin | Bahraini Dinar |
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Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
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.