Jordan Currency Explained: Facts, History, and Usage

The Jordanian currency, known as the Jordanian Dinar, is the official currency of Jordan. It's divided into 1,000 smaller units called fils.

The Jordanian Dinar has been the official currency since 1950, when Jordan gained independence from the United Kingdom. This marked a significant change from the Palestinian pound that was used previously.

You can exchange your money for Jordanian Dinars at banks, currency exchange offices, or some hotels. Just be aware that the exchange rates may vary depending on the location and the time of day.

The Jordanian currency is referred to as "JOD" or "JD", with "JOD" being the official currency code and "JD" the more commonly used colloquial term.

You'll see both "JOD" and "JD" used in everyday life, but the Central Bank and government prefer "JOD" as it's the official code.

Coins in circulation include denominations of 1, 2.5, 5, and 10 piastres, as well as 0.25, 0.5, and 1 dinar.

Banknotes in use have denominations of 1, 5, 10, 20, and 50 dinar.

The Jordanian dinar comes in various denominations, making it easy to use for everyday transactions.

The Jordanian dinar is the official currency of Jordan, and it's considered one of the strongest currencies in the world. It's pegged to the US dollar, which means its value remains stable regardless of the country's economic situation.

The Jordanian dinar has a fixed exchange rate with the US dollar, with one USD equal to 0.709 JODs. You can use a currency converter, such as XE.com, to calculate the exchange rate to any currency.

The dinar is divided into 100 qirsh or piastres, and it's denoted by the symbol JD. You'll often see people using the short form JOD, but JD is more commonly used in everyday conversation.

The Jordanian dinar is a fascinating currency, and there are several facts about it that might surprise you. One of the most interesting things is that the currency code for the Jordanian dinar is JOD, but it's often referred to as JD in informal contexts.

The Jordanian dinar is pegged to the US dollar, which means its value is fixed in relation to the dollar. This is a deliberate policy choice made by the Central Bank of Jordan to maintain financial stability. The dinar has been pegged to the dollar since 1995.

The Jordanian dinar is divided into 100 qirsh, which are also known as piastres. You might be able to find some of these smaller denomination coins in circulation, but they're not as widely used as the larger denominations.

Here are some of the most frequently used coins in Jordan:

The Central Bank of Jordan is responsible for issuing and managing the currency, and it's been doing so since 1959.

Jordan has kept its finances in check over the years with a consistent rise in its gross domestic product (GDP) rate. This is a testament to the country's economic steadiness.

The government has put in place a number of economic policies to encourage development and draw in foreign capital. One of the key factors contributing to Jordan's economic stability is its low inflation rate.

The Central Bank of Jordan has adopted solid monetary regulations to keep prices stable and promote growth in the economy. This includes maintaining interest rates at modest levels to encourage economic activity.

Here are some key economic indicators that demonstrate Jordan's economic steadiness:

By maintaining a stable economy, Jordan has attracted foreign investment and boosted the overall worth of its currency, the Jordanian dinar.

The Jordanian dinar has a rich history that dates back to 1946, when Jordan gained full independence from Britain and began producing its own currency.

In 1950, the dinar was distributed and became the official currency of Jordan, replacing the Palestine pound that was previously used in the country.

The term "dinar" has its origins in antiquity, tracing back to the Roman "denarius", a kind of silver currency used during the Roman Republic.

The Jordan Currency Board was established after gaining freedom, and it looked after the production and distribution of currency.

The Central Bank of Jordan was founded in 1964, and the initial set of banknotes bearing King Hussein's depiction was printed in denominations of 0.5, 1, 5, and 10 dinars.

Since 1992, English titles/denominations were provided in Dinar and either qirsh or piastres instead of the fils and dirham names that were once used in Arabic.

Jordan's history is deeply intertwined with its currency, the Jordanian dinar. Introduced in 1950, the dinar replaced the Palestinian pound as the country's national currency.

The dinar's origins date back to the Roman "denarius", a silver currency used during the Roman Republic. The term "dinar" has been in use for centuries.

In 1946, Jordan gained full autonomy from Britain, marking the beginning of its journey to producing its own currency. The country established the Jordan Currency Board to oversee the production and distribution of currency.

The Central Bank of Jordan was founded in 1964, issuing the first set of banknotes featuring King Hussein's depiction in denominations of 0.5, 1, 5, and 10 dinars.

The Jordanian dinar has a rich history that dates back to the country's independence from Britain in 1946. Jordan gained full autonomy from Britain and began working on producing its own currency.

Before the dinar was introduced, the Palestine pound was used in the country. In 1949, the dinar started circulating in Jordan, and by 1950, it became the official currency of Jordan.

The first series of banknotes were issued in 1964 by the Central Bank of Jordan, featuring King Hussein's image. These banknotes were in denominations of 0.5, 1, 5, and 10 dinars.

The dinar has undergone changes over the years, with Arabic denominations being used until 1992. After that, English titles and denominations were provided in Dinar and either qirsh or piastres.

Today, the Jordanian dinar is pegged to the US dollar at a fixed exchange rate, which has kept its value stable. This means that the Central Bank of Jordan cannot change the worth of its currency, regardless of the country's economic situation.

Here's a list of the historical figures featured on Jordanian banknotes: