History Book of Currency in the state of Bahrain

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Product Details

The history of currency in Bahrain forms an integral part of the nation’s broader history. It reflects not only the various stages of Bahrain’s development but also the country’s longstanding relations with many nations around the world.      Bahrain was the first country in the Gulf region to recognize the importance of coinage as a means of enhancing trade and financial activity in its early history. The introduction of coinage significantly contributed to Bahrain’s early reputation as a thriving commercial hub. Strategically located along one of the world’s oldest trade routes between East and West, Bahrain became a vital transit point, offering merchants safe anchorage, a dependable supply of food and water, and access to the finest natural pearls found in its coastal waters.       Throughout the centuries, nearly every form of money passed through the hands of Bahraini merchants, granting the island a distinctive economic and political status within the region. This diversity of currencies remained until 1965, when Bahrain introduced its own national currency—the Bahraini Dinar.       This book presents an engaging and richly illustrated account of the coins and banknotes that have circulated in Bahrain through the ages.

ISSUE YEAR  1996

Central Bank of Bahrain

Description

The history of currency in Bahrain forms an integral part of the nation’s broader history. It reflects not only the various stages of Bahrain’s development but also the country’s longstanding relations with many nations around the world.      Bahrain was the first country in the Gulf region to recognize the importance of coinage as a means of enhancing trade and financial activity in its early history. The introduction of coinage significantly contributed to Bahrain’s early reputation as a thriving commercial hub. Strategically located along one of the world’s oldest trade routes between East and West, Bahrain became a vital transit point, offering merchants safe anchorage, a dependable supply of food and water, and access to the finest natural pearls found in its coastal waters.       Throughout the centuries, nearly every form of money passed through the hands of Bahraini merchants, granting the island a distinctive economic and political status within the region. This diversity of currencies remained until 1965, when Bahrain introduced its own national currency—the Bahraini Dinar.       This book presents an engaging and richly illustrated account of the coins and banknotes that have circulated in Bahrain through the ages.

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