Bahraini Dinar to Pakistani Rupee Rate Today- May 20, 2025

Karachi/Manama – May 20, 2025: Bahraini Dinar (BHD) was unchanged against the Pakistani Rupee (PKR) today, as the exchange rate was unchanged at 747.07 PKR, according to the latest interbank market data.

This stability is a consequence of the overall economic conditions of the two currencies, particularly the fixed exchange rate policy of Bahrain and Pakistan’s relentless drive towards economic stability.

Valuation Process

The rate of exchange of Bahraini Dinar-Pakistani Rupees is fixed in the interbank market, where the large banks exchange currencies. The BHD is strongly valued based on the U.S. dollar (USD) peg. The Central Bank of Bahrain, since 2001, has maintained the exchange rate of 1 USD = 0.376 BHD, which helps keep the BHD stable in relation to major currencies, including indirectly pegged currencies to the USD, such as the PKR.

Conversely, the Pakistani Rupee (PKR) is on a managed float regime, under which the State Bank of Pakistan intervenes to control extreme currency fluctuations. The Bahraini Dinar (BHD) exchange rate against the PKR is obtained by applying the USD/PKR rate and the fixed peg of BHD/USD. If 1 USD is roughly equivalent to 280 PKR, the BHD’s value in PKR is obtained by dividing the PKR/USD rate by the BHD/USD rate (280 ÷ 0.376 ≈ 747.07 PKR). Currency websites and financial platforms like Wise and Coinbase confirm this rate in real-time as of May 17, 2025.

Economic Impact

The stability of the Bahraini Dinar versus the Pakistani Rupee has important trade, remittance, and tourism implications for Pakistan and Bahrain. With so many Pakistani expatriates residing in Bahrain, a stable exchange rate guarantees a steady flow of remittances, therefore helping Pakistani families dependent on such financial inflows. Moreover, with a stable exchange rate, for firms, trade is facilitated, especially in industries such as construction and retail, where Pakistani workers and Bahraini businesses collaborate.

For Pakistan, a stable Pakistani Rupee (PKR) versus the Bahraini Dinar (BHD) would be complementing its overall process of economic stabilization, especially in light of vulnerabilities like inflation and foreign debt. However, PKR value is susceptible to domestic factors, such as political stability and foreign exchange reserves, and these would influence potential future fluctuations. Bahrain’s economy, being supported by its peg onto the United States Dollar (USD) and continued fiscal reforms aimed at reducing its dependence on oil, is likely to sustain the strength of the BHD, thus guaranteeing long-term stability of the BHD/PKR exchange rate.

Both investors and tourists benefit from this stability. Pakistani tourists going to Bahrain are able to budget more effectively, and Bahraini investors looking to tap Pakistan’s growing markets face less currency risk. Experts caution that economic trends worldwide, such as changes in U.S. monetary policy or oil price fluctuations, can indirectly impact the PKR value because Pakistan is so import-dependent.

Currency History

Since 1965, The Bahraini Dinar (BHD) is the Bahrain currency, which is also divided into 1,000 fils. It is fixed to the United States Dollar (USD) and is one of the highest-valued currencies in the world, represented by the code BHD. The BHD is printed by the Central Bank of Bahrain and has only local usage, with no widespread usage for international payments, thus requiring currency exchange when traveling abroad. Pakistani Rupee, symbolized by ₨ or Rs, is the country’s national currency since Pakistan gained independence in 1947. It is managed by the State Bank of Pakistan and is divided into 100 paisa; however, paisa coins are no longer in use. The PKR is widely used throughout the country, including major cities like Karachi as well as in rural areas. However, similar to the Bahraini Dinar (BHD), it is not widely accepted outside the country, and having to convert is required for international transactions.