The Bahraini Dinar was introduced as a currency in 1965, six years before Bahrain gained full independence; it replaced the Gulf Rupee at a rate of 10 rupees = 1 dinar. The Dinar is subdivided into 1,000 Fils (the singular form is also Fils); hence it is usually represented with three decimal places denoting the Fils. The 500 Fils (0.500 Dinar) coin is the largest circulating denomination.
Five Dinar coins (as well as larger denominations) have only been issued as non-circulating legal tender and are struck in precious metals. This fourth commemorative coin of the Five Dinar denomination marks the 50th Anniversary of the UNICEF in 1996 and celebrates "The Children of the World". It is struck in sterling silver (0.925) in proof grade and contains 0.5769 oz. ASW.
Bust of the Emir, Sheikh Isa bin Salman Al Khalifa facing left, wearing a keffiyeh (traditional Arab headdress). His name and royal titles are around top in Arabic: حضرة صاحب السمو الشيخ عيسى بس سلمان آل خليفة - أمير دولة البحرين and around bottom in English: HH THE AMIR OF THE STATE OF BAHRAIN SHAIKH ISA BIN SULMAN AL-KHALIFA (HH stands for His Higness; note that the title of Emir is spelled as Amir, Sheikh is spelled as Shaikh and his name is rendered as Isa bin Sulman Al-Khalifa).
The reverse of the coin depicts and adult and four children playing the traditional Bahraini game Al-Taleh in the street, with a traditional building in the background. In the upper right field, in two lines:من أجل أطفال العالمـ ("for the children of the world"). In the lower left field, the logo of UNICEF. Around above, the date, value and denomination in Arabic: دولة البحرين ١٩٩٨ · ٥ دينار
; around below and separated by dots, the same in English: · STATE OF BAHRAIN 1998 · 5 BD ·.