Bahraini Dinar (BHD) to Pakistani Rupee (PKR): Official Rate

• BHD

Bahraini dinar and the official rate

The card above shows State Bank of Pakistan (SBP) exchange rates for mark-to-market revaluation. This is the "ready" rate in rupees per unit for the Bahraini dinar and many other currencies. The card also shows the SBP date and links to the SBP page. It also shows SBP's weighted average customer exchange rate for the US dollar (bid and offer), a trend line for major currencies against the rupee, and a converter that includes PKR. SBP issues these rates every working day so that authorised dealers can revalue their books. The card refreshes by itself when SBP publishes. Banks and exchange offices quote their own buy and sell rates, which are not the same as the official rate. On weekends and public holidays no new official rate is published, so the last official date applies.

How to work out the amount yourself:

• Step 1: the converter just above uses European Central Bank (ECB) euro reference rates. It gives cross rates only between the currencies the ECB covers and has no PKR or BHD. For rupee amounts, use the rates card above.
• Step 2: in the rates card's converter, enter your amount and choose BHD and PKR. You can also multiply your dinar amount by the SBP rate for the dinar shown in the card.

The same method works for a salary or transfer from Bahrain, or for planning travel or student costs in Bahrain. The result is only a reference figure, not what a bank or exchange office will pay or charge you.

How the BHD to PKR rate is formed

A reference rate is a single rate published once a day by an official source. It is useful for comparison, accounting and planning. It is not a trading quote.

Many feeds do not publish a direct dinar-rupee rate. Instead, the BHD to PKR value is often a cross rate: it is calculated from each currency's rate against a common currency, usually the US dollar. For the dollar side of this calculation, see the US dollar (USD) page. For how the State Bank of Pakistan publishes its own rates, see SBP exchange rates.

Why bank and exchange-office rates differ

The rate you get in a bank, a money transfer service or an exchange office will usually differ from the reference rate:

The gap between the buy and sell rate is the spread. Before you exchange money, compare the total rupee amount you receive or pay after all fees, not only the quoted rate. Dinar cash may be less common at Pakistani exchange offices than more widely traded currencies, so cash spreads can be wider.

What moves the Bahraini dinar

Central Bank of Bahrain policy

The Bahraini dinar is pegged to the US dollar. The Central Bank of Bahrain holds the dinar at a fixed rate against the dollar, so its interest rate decisions usually follow US Federal Reserve decisions to protect the peg. This means BHD against PKR moves mainly with USD against PKR.

Bahrain's trade and capital flows

Bahrain's income depends heavily on oil and oil products, along with banking, finance and aluminium. Oil prices affect government revenue and foreign reserves, which support the peg. Support from neighbouring Gulf states has also been a factor in confidence in the dinar. Doubts about the peg, if they ever arose, would show up in forward markets before the official rate moved.

The Pakistani side

Because the dinar tracks the dollar, most day-to-day change in BHD to PKR comes from the rupee. Pakistan's inflation, its foreign exchange reserves, the current account and interest rate decisions all matter. The latest decision on record: SBP policy rate raised by 50 bps to 12% with effect from 27.10.2026 (MPC). More on this is on the SBP rates and economy page.

Links between Pakistan and Bahrain

• Remittances: Many Pakistanis work in Bahrain, and money sent home is a regular source of dinar demand converted into rupees.
• Trade: Pakistan trades goods such as food products and textiles with Bahrain and imports petroleum-related goods from the Gulf region.
• Travel and students: Pakistani families visit relatives in Bahrain, and some students and professionals move between the two countries for study and work.

For other Gulf currencies, see the pages for the Saudi riyal, UAE dirham, Kuwaiti dinar, Qatari riyal and Omani rial. All currencies are listed under Exchange rates.

A note for traders

A reference rate is not a forex quote. Brokers' prices change every second and include spreads and swap costs. Leveraged forex and CFD trading can lose money fast, including more than you planned to risk. See risk management before you trade.

Pakistani law also matters here: per the SBP, remitting foreign exchange to overseas forex/margin/CFD platforms is not allowed through any payment channel (FERA s.5(1)). Read Law and regulators for the details.

Frequent questions

Is this the rate my bank will give me?

No. The card shows the official SBP rate, not a bank quote. Banks and exchange offices set their own buy and sell rates, add a margin and may charge fees, so check their quote and the final amount.

Why does the rate not change on some days?

On weekends and public holidays no official rate is published, so the last official date applies.

Why does BHD to PKR move like USD to PKR?

The Bahraini dinar is pegged to the US dollar. Most changes in BHD to PKR come from changes in the rupee against the dollar.

Can I convert PKR to BHD with this tool?

Not with the ECB converter. It works only between the ECB currencies and does not include PKR or BHD. Use the converter in the rates card above instead. It includes PKR and uses rates from State Bank of Pakistan (SBP).

Where does the official PKR rate come from?

It is published by State Bank of Pakistan (SBP). The card on this page shows SBP's mark-to-market "ready" rates, with the SBP date and a link to the SBP page. The US dollar rate is a weighted average of closing interbank rates collected through brokerage houses. Other currencies, including the dinar, come from the same SBP file.