Bahrain Banknotes 5 Bahraini Dinars bank note 2008 Central Bank of Bahrain
The 5 Bahraini dinar note follows a predominantly blue color scheme. On the front side, the banknote features an image of Sheikh Isa House in Muharraq and Riffa Fort, while the reverse side features the first oil well in Bahrain and Aluminium Bahrain (Alba).
Watermark: When the BD 5 banknote held up to light, you will see portrait of His Majesty King Hamad Bin Isa Al Khalifa, King of Bahrain, together with the value of the note, in the clear central area. This can be viewed from both sides of the banknote.
Bahrain banknotes - Bahrain paper money
Central Bank of Bahrain - 2008 Issue
As its name suggests, it is the first oil well in the Arabian side of the Persian Gulf and is located in Bahrain. The well is situated below Jebel Dukhan. It was operated by Bahrain Petroleum Company. Oil first spurted from this well on 16 October 1931, and the well finally began to blow heads of oil on the morning of 2 June 1932. The initial oil flow rate was 9,600 barrels per day (1,530 m3/d); by the 1970s the well produced 70,000 bbl/d (11,000 m3/d), and after that it stabilized at circa 35,000 bbl/d (5,600 m3/d). Close to the well, which has been reconstructed to its first appearance, is a stable.
Bahrain was the first place on the Arabian side of the Persian Gulf where oil was discovered, and it coincided with the collapse of the world pearl market.