Exchange Rate in Bahrain
Consumer prices declined 0.1% year on year in March (February: +1.1%), largely due to a statistical effect: In January 2022, the VAT was doubled to 10%, fueling inflation. Meanwhile, on 3 May, the Central Bank hiked the one-week deposit rate by 25 basis points—mirroring the Fed—to 6.00%. In 2023, inflation will be lower than last year, thanks to a fading base effect and higher interest rates.
Bahrain Exchange Rate Chart
This chart displays Exchange Rate (vs USD) for Bahrain from 2013 to 2022.
Bahrain Exchange Rate Data
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Exchange Rate (BHD per USD, eop) | 0.38 | 0.38 | 0.38 | 0.38 | 0.38 |