Bahraini Dinar / Turkish Lira
BHD/TRY
Product information
What is Bahraini Dinar / Turkish Lira (BHD/TRY)?
BHD/TRY shows the Turkish lira value of the dinar, the currency of the Gulf state of Bahrain. The dinar is managed by the Central Bank of Bahrain. The Bahraini dinar is one of the currencies with a high unit value, and its subunit is called the fils. Bahrain is an island country in the Persian Gulf.
The Bahraini dinar is tied to the US dollar at a fixed rate. Because of this fixed exchange rate regime, BHD/TRY moves in almost the same proportion as USD/TRY; changes in the rate stem largely from the Turkish lira's path against the dollar. Bahrain's economy relies on oil income as well as banking and financial services; the country is a member of the Gulf Cooperation Council.
The sustainability of the peg is watched alongside oil prices and developments in Bahrain's public finances. The BHD/TRY value on Lzzo.com is a cross reference rate calculated via the US dollar from market exchange rates, not a bank buy/sell price; prices applied to this currency at exchange offices may differ.
Sources: cbb.gov.bh
- Name
- Bahraini Dinar / Turkish Lira
- Symbol
- BHD/TRY
- Market
- Currencies
What to look for in the technical analysis of Bahraini Dinar / Turkish Lira
Moving averages help assess the trend and RSI helps assess momentum. Indicators are calculated from real history; when there is not enough history or the required candle fields are missing, the indicator is not calculated. Past results do not guarantee future performance.
Technical indicators
Calculated from observed daily candles (at least 201 observations). No intraday indicators. Indicators are descriptive, not a buy/sell recommendation.