Currency Rate Jordan Guide

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Close-up of a hand holding Jordanian dinar bills with a blurred background, highlighting currency exchange.
Credit: pexels.com, Close-up of a hand holding Jordanian dinar bills with a blurred background, highlighting currency exchange.

Jordan's currency, the Jordanian Dinar (JOD), is pegged to the US Dollar, which means its value remains relatively stable against other currencies. This stability makes it a popular choice for tourists and investors alike.

The Jordanian Dinar is divided into 1000 fils, although currency is rarely denominated in fils. Instead, you'll mostly encounter notes and coins in JOD.

To get the best exchange rate, it's essential to use a reputable currency exchange service or a bank. Avoid exchanging money at airports or tourist areas, as the rates tend to be less favorable.

Currency Information

The official currency of Jordan is the Jordanian Dinar, abbreviated as JOD. It's widely accepted throughout the country and used for all types of transactions.

You'll find the dinar represented by its currency code (JOD) and symbol (JD). It's been the official currency of Jordan since 1950.

A single unit of dinar is divided into 1000 fils, or alternatively, 100 qirsh.

Access and Management

Credit: youtube.com, Bloomberg Currency Functions (Jordan)

Currency exchange services are widely available in Jordan, and you can exchange your money at exchange offices, banks, and even at the airport.

Banks are a reliable option for exchanging money, with major banks like Arab Bank, Jordan Kuwait Bank, and Cairo Amman Bank having branches throughout the country.

Using ATMs located in secure areas, such as banks or shopping centers, is a good idea to withdraw Jordanian dinars directly.

You can also use ATMs to withdraw cash with your international credit or debit card.

Access

You can exchange your money at currency exchange offices, banks, and even at the airport in Jordan. Currency exchange offices in tourist areas and major cities like Amman, Petra, and Aqaba are often more competitive.

Banks in Jordan offer currency exchange services and are a reliable option for exchanging money. They typically offer competitive exchange rates and are a safe option for handling large sums of money.

Collection of Jordanian dinar banknotes arranged on a wooden surface, showcasing currency design.
Credit: pexels.com, Collection of Jordanian dinar banknotes arranged on a wooden surface, showcasing currency design.

Automated Teller Machines (ATMs) are widely available in Jordan, especially in urban areas. It’s recommended to use ATMs located in secure areas, such as banks or shopping centers.

Many hotels in Jordan offer currency exchange services for their guests, but the rates may not be as favorable as those offered by banks or exchange offices.

Managing Your Money

Jordan can be a relatively affordable destination, with daily expenses ranging from 70-10 JOD per day, depending on your travel style.

Budget travelers may spend around 70-10 JOD per day on accommodation, food, and local transportation. This can vary depending on the type of lodging and location.

Accommodation costs range from 50-80 JOD per night for budget hostels and guesthouses, to 100-200 JOD per night for mid-range hotels. Luxury hotels and resorts can cost upwards of 250 JOD per night.

Dining costs vary based on where you choose to eat, with street food and local eateries offering meals for 5-10 JOD, while fine dining establishments can be more expensive, with meals ranging from 50-80 JOD or more.

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Public transportation in Jordan is relatively affordable, with bus fares generally ranging from 0.5-2 JOD. Taxis have a starting fare of around 0.5 JOD, with additional charges based on distance traveled.

Here's a rough breakdown of daily expenses in Jordan:

It's worth noting that these are just estimates, and your actual expenses can vary depending on your specific travel plans and preferences.

You can also use ATMs to withdraw Jordanian dinars directly, with many locations accepting international credit and debit cards. However, be sure to check the fees and exchange rates before making a withdrawal.

Currency Conversion and Exchange

The Jordanian Dinar is the official currency of Jordan, and it's widely accepted throughout the country. You can find it used for all types of transactions, from high-end purchases to small local markets.

To exchange money into Jordanian currency, you can do it before traveling or during your trip. If you choose to do it before traveling, go to your bank branch and request it well in advance, as this procedure can take several days. Banks and exchange offices charge similar fees and are located in strategic places, such as airports or land border crossings.

Credit: youtube.com, Currency of the world -Jordan. Jordanian dinar. Exchange rates Jordan.Jordanian banknotes and coins

You can also use ATMs to get Jordanian currency, and many major credit cards, like Visa and Mastercard, are accepted. However, be aware that operating with a card at ATMs can be more expensive than doing it in person at the branch or at an exchange office.

Here are some currencies that are widely accepted in Jordan:

  • US dollars
  • Euros
  • Lebanese pounds
  • Egyptian pounds
  • Israeli shekels

Currency Conversion

The Jordanian dinar is one of around 180 currencies worldwide, trading against all other official currencies globally. This gives us exchange rates, a measure of how much of one currency we can exchange for another.

Exchange rates can fluctuate over time due to various economic, political, and market factors. A higher exchange rate means that the value of one currency has increased compared to another, while a lower exchange rate means the opposite.

You can follow the live exchange rate to the Jordanian dinar using Monito's currency pages. This allows you to see which providers offer the best deals and set up smart email alerts to follow fluctuations.

Credit: youtube.com, Currency Exchange Rates - How To Convert Currency

The Jordanian dinar is the only legal tender in Jordan and is subdivided into 1000 fils. It is widely accepted throughout the country and used for all types of transactions.

If you're planning to travel to Jordan, it's essential to have an understanding of the exchange rates. You can use the tool on Monito's currency pages to enter your currency and see its exchange rate with the Jordanian dinar.

Here are some cities where you can check the Jordanian dinar rate today:

  • Chennai
  • Mumbai
  • Delhi
  • Noida

When to Buy?

Timing the market for the best rates is a tricky business due to daily shifts influenced by economic data, global politics, and trader sentiment.

You'll need to consider your personal travel schedule and market-watching comfort to make a decision. We've got tools like rate trackers to help you stay informed on currency rates.

The best time to buy Jordanian dinars is largely dependent on your specific travel plans. Your travel schedule will dictate the best time to buy, so keep an eye on the rates and plan accordingly.

Specific Currencies

Credit: youtube.com, Why JD(Jordanian Dinar) is higher than USd

If you're planning a trip to Jordan, it's essential to know the current exchange rates for your currency. The Jordanian dinar is relatively stable in value, making it a reliable choice for travelers.

For US citizens, 1 JOD is approximately equal to 1.41 USD, providing a consistent exchange rate when converting to and from USD. This stability makes it easier to budget for your trip.

If you're from the UK, you'll be pleased to know that the dinar is generally strong against the British pound, with 1 JOD being approximately equal to 1.15 GBP. This favorable exchange rate can help your money go further in Jordan.

Banknotes and Coins

The Jordanian Dinar is the official currency of Jordan, and it's widely accepted throughout the country. You'll find it used for all types of transactions, from high-end purchases to small local markets.

The Jordanian Dinar is subdivided into 1000 fils, and it comes in denominations of 1, 5, 10, 20, and 50 JOD. Each note features prominent figures from Jordan's history and important landmarks.

Credit: youtube.com, Other Peoples' Money: Examining World Currency

The 1 JOD note is the smallest denomination and is commonly used for small transactions, while the 50 JOD note is used for larger payments. This makes it easy to handle everyday purchases.

Coins are also widely used in Jordan, and they're available in denominations of 1, 5, 10, 25, and 50 fils, and 1 JOD. Coins are particularly useful for small purchases, such as public transportation or small items in shops.

Here's a breakdown of the coin denominations:

It's worth noting that the amounts are often expressed in fils, which can be confusing for tourists. However, it's usually understood that the context will indicate whether the amount is in dinars, piastres, or fils.

US Dollar (USD)

The US Dollar is a widely recognized and accepted currency globally. You can exchange it for other currencies like the Jordanian Dinar, where 1 JOD is approximately equal to 1.41 USD.

It's worth noting that the Jordanian dinar is relatively stable in value. This stability means you can expect consistent exchange rates when converting to and from USD.

Euro (EUR)

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The euro is a widely used currency, and it's essential to know its conversion rates with other currencies. The Jordanian Dinar, for example, is approximately equal to 1.30 EUR.

If you're planning to exchange currency, it's a good idea to check current rates to get the best deal. Conversion rates between the euro and other currencies are subject to fluctuations, so it's always a good idea to stay informed.

British Pound (GBP)

The British Pound (GBP) is a popular currency, particularly among travelers to the United Kingdom.

You can expect a favorable exchange rate when converting the Jordanian Dinar to GBP, as 1 JOD is approximately equal to 1.15 GBP.

The British Pound is widely accepted and used for international transactions.

Its value can fluctuate, but it's generally a stable currency.

Canadian Dollar (CAD)

The Canadian Dollar (CAD) is a widely traded currency.

The exchange rate between the Canadian dollar and the Jordanian dinar is relatively stable.

1 JOD is approximately equal to 1.88 CAD.

It's always best to check current rates for accurate conversions.

Frequently Asked Questions

What is the best currency to take to Jordan?

For most transactions in Jordan, it's recommended to use the local currency, Jordanian Dinar (JD), as many businesses prefer it. Bringing some JD with you can save you from exchanging currency at airports or hotels.

Is the Jordanian Dinar stronger than the dollar?

The Jordanian Dinar is actually pegged to the U.S. dollar, not the other way around. This means its value is tied to the dollar's strength, not its own economy.

Is it better to exchange money in Jordan?

For a hassle-free experience, it's recommended to exchange money in Jordan before or upon arrival, as local banks and airport foreign exchangers can provide the necessary Jordanian Dinar. Exchanging currency at the airport or a local bank can save you time and ensure you have the local currency you need.

Vanessa Schmidt

Lead Writer

Vanessa Schmidt is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for research, she has established herself as a trusted voice in the world of personal finance. Her expertise has led to the creation of articles on a wide range of topics, including Wells Fargo credit card information, where she provides readers with valuable insights and practical advice.

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