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 = 0.959 Bahraini Dinar
4 British Pound = 1.917 Bahraini Dinar
10 British Pound = 4.793 Bahraini Dinar
20 British Pound = 9.585 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 = 0.944 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

Jamaican dollar declines 10 cents vs greenback

The Jamaican dollar devalued by 10 cents against the United States dollar during Wednesday’s trading, according to the trading summary from the Bank of Jamaica (BOJ)

5 days indicative negative
Forex reserves hit high in December | Economics | FOCUS TAIWAN - CNA ENGLISH NEWS

Taipei, Jan. 4 (CNA) Taiwan's foreign exchange reserves hit another all-time high at the end of December because of an increase in returns on the portfolio managed by Taiwan's central bank, the bank said Friday.

11 days indicative neutral
New Renault Duster to hit KSA market soon

Gulf Advantage Automobiles is welcoming the new Duster to its lineup in Saudi Arabia starting in September. “While offering a range of high-quality, new features, the reinvented SUV will still retain the same level of affordability that the name ‘Duster’ is celebrated for,” the company said in a statement. The new Renault Duster boasts brand-new exterior styling, delivering a

about 11 hours conditional positive
KitKat dessert bars launched in Middle East

KitKat has launched its “Mini Moments Desserts” in the Middle East featuring four popular dessert flavors. The new mini chocolate bars are produced locally in the UAE and sourced from 100 percent certified sustainable cocoa. The individually wrapped mini chocolate bars come in Cherry Brownie, Strawberry Cheesecake, Crème Brulée, and Tiramisu flavors with no more than 90

about 11 hours conditional positive
Renault Middle East announces record Q1 results

Renault Middle East is marking a record-breaking first quarter, as it achieves its highest ever GCC market share (1.5 percent). Despite a decline in the region’s overall market, Renault Middle East has secured an increase of 0.29 percent in the first quarter of 2018, compared to its position in the same quarter last year. In Egypt, where the best-selling model is the Kadjar

about 11 hours indicative neutral
Joyalukkas opens new store at Jeddah’s Al-Balad

Joyalukkas’s newest showroom opened at Jeddah’s historic Al-Balad. The showroom was inaugurated by Fayez Abdullah Al-Harbi, member of the board of directors, Jeddah Chamber of Commerce and Industry (JCCI), in the presence of Joyalukkas Group CMD Joy Alukkas, local dignitaries and VIPs.

about 11 hours conditional positive
Park Hyatt Jeddah to host ‘Tanjia Night’

Park Hyatt Jeddah is inviting guests to spend the day interacting with its expert Moroccan chefs to discover Marrakesh’s most popular dish “tanjia.” The event, “Tanjia Night,” will be held every Monday at the Andalusia restaurant from 7 p.m. until midnight. Starting from Andalusia with a refreshing blend of its signature cocktail, Park Hyatt Jeddah’s chef will narrate the

about 11 hours conditional positive

2 GBP to BHD currency converter