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 (larger denominations have been issued as non-circulating legal tender only).
The first use of the denomination was for this silver non-circulating commemorative in 1968. Designed by the Royal Mint's Michael Rizzello, it features an effigy of the first Emir of the country on the obverse and the Coat of Arms on the reverse, with a text commemorating the opening of Isa Town - an affluent town named after the Emir. This was re-issued in 1983 for a special silver set.
|Five Hundred Fils 1968 Isa Town||70,000||Emir Isa bin Salman Al Khalifa of Bahrain||مدينة عيسى البحرين 1388-1968 ١٣٨٨-١٩٦٨ ٥٠٠ فلس BAHRAIN 500 FILS ISA TOWN|
|Five Hundred Fils 1983 Isa Town||15,000||Emir Isa bin Salman Al Khalifa of Bahrain||مدينة عيسى البحرين 1403-1983 ١٤٠٣-١٩٨٣ ٥٠٠ فلس BAHRAIN 500 FILS ISA TOWN|
|Five Hundred Fils 2010 (Silver Proof)||500||KINGDOM OF BAHRAIN 2010 مملكة البحرين|
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|Coin Type||Five Hundred Fils (Silver)|
|Monarch||عيسى بن سلمان آل خليف (Emir Isa bin Salman Al Khalifa)|
|Effigy||Emir Isa bin Salman Al Khalifa of Bahrain|
|Face Value||500 (x Fils)|
|Orientation||Medal Alignment (Axis 0)|
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|Krause, Standard Catalog of World Coins||Bahrain KM# 8a|