British Pound

British Pound

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). A number of nations that do not use sterling also have currencies called the pound. At various times, the pound sterling was commodity money or bank notes backed by silver or gold, but it is currently fiat money, backed only by the economy in the areas where it is accepted. The pound sterling is the world's oldest currency still in use and which has been in continuous use since its inception.Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the Chinese yuan it forms the basket of currencies which calculate the value of IMF special drawing rights. Sterling is also the third most-held reserve currency in global reserves (about 4%).The British Crown dependencies of Guernsey, Jersey and the Isle of Man produce their own local issues of sterling (the Guernsey pound, the Jersey pound and the Manx pound) which are considered fully equivalent to UK sterling in their respective regions. The pound sterling is also used in Gibraltar (alongside the Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound), Saint Helena and Ascension Island in Saint Helena, Ascension and Tristan da Cunha (alongside the Saint Helena pound). The Bank of England is the central bank for the pound sterling, issuing its own coins and banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Banknotes issued by other jurisdictions are not regulated by the Bank of England; local governments use Bank of England notes as backing for local issuance by allowing them to be exchanged 1:1 at face value.

Bahraini Dinar

Bahraini Dinar

The dinar (Arabic: دينار‎ Dīnār Baḥrēnī) (sign: .د.ب or BD; code: BHD) is the currency of Bahrain. It is divided into 1000 fils (فلس). The name dinar derives from the Roman denarius. The dinar was introduced in 1965, replacing the Gulf rupee at a rate of 10 rupees = 1 dinar. The Bahraini dinar is abbreviated .د.ب (Arabic) or BD (Latin). It is usually represented with three decimal places denoting the fils.

2 British Pound to Bahraini Dinar exchange rates chart

2 GBP to BHD exchange rates graph
2 GBP to BHD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

2 GBP to BHD exchange rates table

Exchange GBP to BHD
2 British Pound = 0.983 Bahraini Dinar
4 British Pound = 1.965 Bahraini Dinar
10 British Pound = 4.913 Bahraini Dinar
20 British Pound = 9.825 Bahraini Dinar
Exchange British Pound to Bahraini Dinar
2 British Pound to Bahraini Dinar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best GBP/BHD rate at Thomas Exchange Global in London

2 GBP to BHD exchange rates at Thomas Exchange Global in London
2 British Pound = 0.946 Bahraini Dinar
Thomas Exchange Global
Thomas Exchange Global

Thomas Exchange Global was established in 1993 and has grown to become one of the leading providers of wholesale, retail, travel and commercial foreign exchange services to businesses and individual private clients in the UK. As a dedicated foreign exchange specialist, we have the professional expertise, in depth market knowledge, technological infrastructure and commitment to provide you with an unprecedented level of service that sets the standard in the foreign exchange industry. We are...

2 GBP to BHD exchange rates news

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Currency traders betting on a Brexit deal are having a rough time
Currency traders betting on a Brexit deal are having a rough time

A buoyant U.S. dollar, helped by uncertainties in the eurozone, is weighing on the British pound and making this Monday a painful start to the week for traders who believe a Brexit deal, which would likely give sterling a massive boost, could be near.

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Great British pound slides in value amid renewed Brexit worries
Great British pound slides in value amid renewed Brexit worries

The Great British pound has slid in value against the US dollar amid renewed worries surrounding the ongoing issue of Brexit.

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British Pound Jumps As Barnier Says Brexit Treaty Text "Almost Ready"

Reporting to EU27 Ministers today after late night talks, Michel Barnier, the EU’s Chief Negotiator says “the parameters of a possible agreement are very largely defined”

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Pound-to-Euro Exchange Rate: Sterling Slips From €1.14 But Sees Modest Weekly Gain Amid Brexit Deal Hopes

Doubts over the likelihood of a Monday Brexit agreement left the pound on the back foot vs the euro

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Riyadh hosts Dilmah’s School of Tea

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VAT Law Draft Finds Favour With Bahraini MPs

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Bahrain - The Next Destination for Entrepreneurs

Renowned as the Gulf’s pre-eminent trade hub, Bahrain provides a plethora of valuable opportunities for businesses as well as extensive...

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2 GBP to BHD currency converter