The Bahraini dinar (BHD) is the currency of Bahrain. It is divided into 1000 fils. The abbreviation BD is commonly used. The Bahraini dinar is pegged to the US dollar at a rate of 1 dinar = 2.659 US dollars. The Central Bank of Bahrain is the issuing authority. The dinar is one of the highest-valued currency units in the world. The stability of the Bahraini dinar is linked to Bahrain's oil exports and financial sector.