The Bahraini Dinar (BHD) is currently valued at 746.34 Pakistani Rupee (PKR), marking a slight dip from 746.48 PKR on September 20, according to leading currency exchanges. This movement follows a series of fluctuations observed over the past few months. The dinar traded at 752.59 PKR on September 05, 747.49 PKR on August 30, 747.83 PKR on August 23, and 748.07 PKR on August 16. Earlier in August, the rate was 749.42 PKR on the 6th, 751.33 PKR on the 4th, and 751.43 PKR on July 31, while it touched 756.67 PKR on July 28 and 759.88 PKR on July 22.
Rates over the summer also reflected volatility, with values of 755.64 PKR on July 19, 754.38 PKR on July 14, and 753.22 PKR in early July, compared to 751.86 PKR on June 30 and 751.94 PKR on June 26. A month earlier, the dinar stood at 751.23 PKR on June 23, showing a 0.88% rise from 744.79 PKR on June 8. Intervals such as 748.55 PKR on June 11 and 749.72 PKR on June 13 underline the dinar’s relative stability.
The BHD-PKR exchange rate is influenced by divergent monetary frameworks. The Bahraini dinar, pegged since 2001 at 1 USD = 0.376 BHD, is shaped by global dollar strength, oil prices, and fiscal trends. The rupee, however, remains vulnerable due to inflation, trade imbalances, and foreign reserve pressures.
The recent decline to 746.34 PKR holds economic implications. For Bahrain, a softer dinar could improve export competitiveness but raise import costs. For Pakistan, cheaper Bahraini imports, particularly petroleum, may ease inflationary pressures. On the other hand, Pakistani workers in Bahrain may see lower remittance value, affecting household incomes, while exporters could face tougher competition in Bahrain’s market.
Bahraini Dinar Falls Slightly Against Pakistani Rupee
