Historic Bahraini dinar Norwegian krone

Bahraini dinar norwegian krone history for March 2024. The highest quote for this month is 28.201 (01/03/2024) and the lowest 28.826 (04/03/2024). The difference between high and low is -2.22.

BHD NOK average rate for March 2024 is 28.2435, the change between 01/03/2024 and 31/03/2024 is +2.17 %.

01 March 20241 BHD = 28.39 NOK
04 March 20241 BHD = 28.90 NOK
05 March 20241 BHD = 28.25 NOK
06 March 20241 BHD = 28.26 NOK
07 March 20241 BHD = 28.01 NOK
08 March 20241 BHD = 27.78 NOK
11 March 20241 BHD = 28.58 NOK
12 March 20241 BHD = 27.77 NOK

19/05/2019: Launch of New Bahraini Dinar Series

A new series of Bahraini dinar banknotes was launched, featuring enhanced security features, updated designs, and braille markings for the visually impaired.

30/10/2016: Withdrawal of the 1000-krone banknote

The Norges Bank phased out the 1000-krone banknote, as part of efforts to combat money laundering and reduce the use of cash in the economy.

06/02/2014: Introduction of Polymer Banknotes

Bahrain introduced polymer banknotes for the first time, enhancing durability and security of the currency.

30/09/2006: Bahraini Dinar Convertibility

Bahrain lifted the restrictions on the convertibility of the Bahraini dinar, allowing it to be freely traded and exchanged internationally.

20/08/2001: Bahraini Dinar Second Edition

A new series of Bahraini dinar banknotes was introduced, featuring enhanced security features and updated designs.

01/01/1999: Creation of the euro

Several European countries introduced the euro as a common currency, but Norway chose to maintain the krone, cementing its separate monetary path.

24/06/1994: Establishment of the Bahrain Monetary Agency

The Bahrain Monetary Agency (now known as the Central Bank of Bahrain) was established to regulate and oversee the Bahraini dinar.

19/11/1992: Norway rejects European Union membership

In a referendum, Norway voted against joining the European Union, reaffirming its independent monetary policy and keeping the krone outside the eurozone.

31/12/1972: Bahrain Dinar Pegged to US Dollar

The Bahraini Dinar was pegged to the US Dollar at a fixed exchange rate of 1 dinar = $2.80, which continues to this day.

15/10/1965: Introduction of the Bahraini Dinar

The Bahraini Dinar was introduced as the official currency of Bahrain, replacing the Gulf rupee at a rate of 1 dinar = 10 rupees.

22/10/1931: Devaluation of the krone

To counter the effects of the Great Depression, Norway devalued the krone by 14%, aiming to boost exports and stimulate the economy.

01/11/1920: Krone's return to the gold standard

Following the end of World War I, Norway reintroduced the gold standard for the krone, stabilizing its value and restoring confidence in the currency.

02/08/1914: Suspension of krone's gold standard

Due to the outbreak of World War I, Norway suspended the krone's convertibility into gold, allowing for more flexibility in monetary policy during the war.

27/10/1875: The introduction of the krone currency

The krone was established as the official currency of Norway, replacing the previous speciedaler, marking a significant milestone in the country's monetary history.