BHD 500 = IQD 1738027.51
Convert1 BHD = 3476.05502 IQD | 1 IQD = 0.00029 BHD
Last Updated Feb 14, 5:30 ISTBHD 500 =IQD 1738027.51
Our converter applies the mid-market rate. It is solely for informational purposes. The Rate might differ while transferring money.
BHD to IQD Exchange Rate Chart
1 BHD = 3476.05502 IQD
The exchange value of 500 BHD in Iraqi Dinar is 1738027.510 IQD as on Feb 14.
You can check the exchange rate of 500 Bahraini Dinar to Iraqi Dinar by using the Paytm currency exchange rate calculator.
All you need to do to see the exchange 500 BHD to IQD online is as follows:.
There are several online ways to convert BHD to IQD.
Most banks in India allow BHD to IQD conversion through their internet banking or mobile apps.
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Apps like Wise, PayPal, and Western Union allow BHD to IQD conversion quickly.
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A Forex card is a prepaid card that holds multiple currencies, including BHD.
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Some people use crypto exchanges to convert USD to INR through Bitcoin, Ethereum etc.
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There are several offline methods to exchange BHD to IQD. Let‘s explore them.
1. Banks
Banks offer currency exchange services at competitive rates. You need to visit a branch with your BHD cash and exchange it for IQD.
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Private money exchange centers, like Thomas Cook, Muthoot Forex, and Western Union, offer offline BHD to IQD conversion.
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Airports have forex counters where travelers can exchange BHD to IQD.
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Some hotels and travel agencies offer currency exchange services for guests.
Steps to Exchange BHD to IQD at a Hotel or Travel Agency:
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In busy markets and tourist spots, you may find local money changers who exchange BHD for IQD
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Most offline exchanges require identity proof. Here are the common documents needed:
Document Type | Required For |
---|---|
Passport | All exchanges (mandatory for foreigners) |
Always carry a valid ID when exchanging currency.
Method | Exchange Rate | Transfer Fee | Availability | Speed |
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Bank Transfer | Low | Low | Limited hours | 1-3 days |
Any Third Party App | High | Low | 24/7 | Instant/Few minutes |
Forex Card | Medium | Low | 24/7 | Instant |
Crypto Exchange | High | Low | 24/7 | Few minutes |
Exchange Centers | Good | Medium | Widely available | Few minutes |
Airport Counters | High | High | 24/7 at airports | Few minutes |
Hotels/Agencies | Very High | Medium | Only for guests | Few minutes |
Local Money Changers | Varies | Low | Risky but quick | Few minutes |
Converting Bahraini Dinar (BHD) to Iraqi Dinar (IQD) offers several advantages, depending on your financial needs and market conditions. Here are some key benefits:
BHD is a strong and widely traded currency. If the exchange rate is favorable, converting BHD to IQD can give you more value for your money.
Since 1 BHD equals a significantly higher amount in IQD, converting BHD to IQD increases your purchasing power, allowing you to afford more goods and services in Iraq.
If you‘re an NRI, tourist, or returning from the Bahrain, converting BHD to IQD ensures you have local currency for daily expenses, shopping, and travel within Iraq.
Converting BHD to IQD can help you invest in Iraq assets, such as real estate, stocks, mutual funds, and fixed deposits, which often offer higher returns compared to Bahrain markets.
Using a direct BHD to IQD conversion method (like Forex cards or money changers) helps avoid unnecessary fees and unfavorable exchange rates charged by international payment gateways or credit card companies.
For businesses involved in international trade, converting BHD to IQD at the right time can help optimize costs, manage foreign exchange risks, and improve profit margins.
By choosing the right conversion method and timing, you can maximize the benefits of BHD to IQD exchange.
Source of the rates:apilayer.com