Jordanian dinar

 ( Currencies Of Jordan ) 

The Jordanian dinar (; code: JOD; unofficially abbreviated as JD) has been the currency of Jordan since 1950. The dinar is divided into 100 qirsh (also called ) or 1000 fulus. Fils are effectively obsolete; however, monetary amounts are still written to three decimal places representing fils. It is pegged to the US dollar.

The Central Bank of Jordan commenced operations in 1965 and became the sole issuer of Jordanian currency, in place of the Jordan Currency Board.

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History In 1927, the British administration of the Palestinian Mandate established the Palestine Currency Board which issued the Palestine pound which was the official currency in both Mandatory Palestine and the Emirate of Transjordan. Though Jordan became an independent kingdom on 25 May 1946, it continued to use the Palestinian pound for a while. In 1949, it passed the Provisional Act No. 35 of 1949, which established the Jordan Currency Board as the sole authority in the kingdom entitled to issue Jordanian currency, called the Jordanian dinar. The Board was based in London and consisted of a president and four members, and began issuing Jordanian dinars in 1949 and was exchangeable for Palestinian pounds at parity.

After Jordanian rule of the West Bank in April 1950, the dinar replaced the Palestinian pound. On 1 July 1950, the Jordanian dinar became the kingdom's official currency and legal tender. The use of the Palestine pound ceased in the country on 30 September 1950. The Central Bank of Jordan was established in 1959 and took over note production in 1964. In 1967, Jordan lost control of the West Bank, but the Jordanian dinar continued to be used there. It continues to be widely used in the West Bank alongside the Israeli shekel.

In 1988 and 1989, the dinar depreciated substantially due to mounting foreign debts in the kingdom. During that time, there were protests across the country.

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Coins Coins were introduced in 1949 in denominations of 1, 5, 10, 20, 50 and 100 fils. The first issue of 1 fils were mistakenly minted with the denomination given as "1 fil". 20 fils coins were minted until 1965, with 25 fils introduced in 1968 and dinar coins in 1970. The 1 fils coin was last minted in 1985. In 1996, smaller dinar coins were introduced alongside and 1 dinar coins.

Until 1992, coins were denominated in Arabic language using fils, qirsh, dirham and dinar but in English language only in fils and dinar. Since 1992, the fils and dirham are no longer used in the Arabic and the English denominations are given in dinar and either qirsh or piastres.

		1 qirsh	25.00	5.50		Copper-plated steel	Plain	Abdullah II bin al-Hussein	Lettering: The Hashemite Kingdom of Jordan; value ; year of issue	2000
		5 piastres (qirsh)	26.00	5.00		Nickel-plated steel	Milled				50 fils Shilin
		10 piastres (qirsh)	28.00	8.00							100 fils Bareezah
		dinar	26.50	7.40		Brass	Plain			2004	Rub'a 25 piastres 250 fils
		dinar	29.00	9.60		Outer: Aluminium bronze				2000	Nusf 50 piastres 500 fils
						Inner: Cupronickel

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Banknotes The Central Bank of Jordan is the sole authority to issue Jordanian banknotes since its establishment in 1964. It released into circulation its first series of Jordanian notes on August 4, 1965. From 1949 to 1965, currency issue was entrusted in the Jordan Currency Board. Before 1949, the Palestinian pound was used.

In 1949, banknotes were issued by the Jordan Currency Board in denominations of , 1, 5, 10 and 50 dinars. They bore the country's official name, "The Hashemite Kingdom of the Jordan". 20 dinar notes were introduced in 1977. The 50 dinar note was redesigned and the dinar notes were replaced by coins in 1999.

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Issues by the Jordan Currency Board

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First issue

		500 fils	128 x 76		Purple	Wadi Al Arab irrigation project	Shepherd with his flock	1949 (Gregorian) 1368 (Hijri)
		1 dinar	160 x 86		Green	Abdullah I bin al-Hussein	Oval Plaza, Jerash
		5 dinars	169 x 88		Red		Al-Khazneh
		10 dinars	185 x 97		Blue
		50 dinars	190 x 100		Brown		Aqaba

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Second issue

		500 fils	128 x 76		Purple	Wadi Al Arab irrigation project	Shepherd with his flock	1952 (Gregorian) 1371 (Hijri)
		1 dinar	160 x 86		Green	Hussein bin Talal	Oval Plaza, Jerash
		5 dinars	169 x 88		Red		Al-Khazneh
		10 dinars	185 x 97		Blue

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Issues by the Central Bank of Jordan

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First issue

		dinar	140 x 70		Brown	Hussein bin Talal	Oval Forum, Jerash	4 August 1965
		1 dinar	150 x 75		Green		Dome of the Rock
		5 dinars	164 x 82		Red		Al-Khazneh
		10 dinars	175 x 88		Blue		Al-Maghtas

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Second issue

	dinar	136 × 67.5		Brown	Hussein bin Talal	Oval Forum, Jerash	16 November 1975
	1 dinar	144 × 71.5		Green		Dome of the Rock	16 November 1975
	5 dinars	152 × 76		Red		Petra	16 November 1975
	10 dinars	160 × 80		Blue		Cultural Palace, Al-Hussein Youth Sports City; Roman Amphitheater, Amman	16 November 1975
	20 dinars	168 × 84		Olive green		Al-Hussein Thermal Power Station, Zarqa; Olive grove	3 June 1978
				Blue green			25 August 1990

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Third issue

	dinar	131 × 62		Brown	Hussein bin Talal	Qusayr 'Amra	1 August 1992
	1 dinar	137 × 66		Green		The Cardo, Jerash
	5 dinar	143 × 70		Red		Al-Khazneh	1 October 1992
	10 dinar	149 × 74		Blue		Ajloun Castle
	20 dinar	155 × 78		Olive green		Dome of the Rock	1 August 1992

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Fourth issue

		1 dinar	133 × 74		Green	Hussein bin Ali; Silver Hashemite coin	Arab Revolt; Supreme Order of the Renaissance	2002 1423 Islamic calendar	30 March 2003
		5 dinars	137 × 74		Orange	Abdullah I bin al-Hussein; Army inspection	Ma’an Palace; Gold dinar minted in Jordan		22 December 2002
		10 dinars	141 × 74		Blue	Talal bin Abdullah; Umm Qais Museum	First Jordanian parliament; Wadi Rum; Decorative motif from Al Qastal
		20 dinars	145 × 74		Cyan	Hussein bin Talal; King Abdullah I Mosque	Dome of the Rock		2 February 2003
		50 dinars	149 × 74		Brownish purple	Abdullah II bin al-Hussein	Raghadan Palace; Marble carvings from Al-Aqsa Mosque; Iris nigricans

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Fifth issue

		1 dinar	133 × 74		Green	Hussein bin Ali; Acanthus syriacus	Mountains of Wadi Rum; Sinai rosefinch	2022	26 December 2022
		5 dinars	137 × 74		Red	Abdullah I bin al-Hussein; Petra	Treasury, Petra		16 August 2023
		10 dinars	141 × 74		Blue	Talal bin Abdullah; Qusayr 'Amra	Roman Theater, Amman		26 July 2023
		20 dinars	145 × 74		Cyan	Hussein bin Talal; King Hussein Mosque	Wadi Mujib		21 March 2023
		50 dinars	149 × 74		Purple	Abdullah II bin al-Hussein; Jerusalem	Wadi Rum		5 February 2023

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Fixed exchange rate Since October 23, 1995, the dinar has officially been pegged to the IMF's special drawing rights (SDRs), while in practice it was fixed at 1 U.S. dollar = 0.709 dinar most of the time, which is approximately 1 dinar = 1.41044 dollars. Exchange Rate Fluctuations, Programme Management Unit Tables of modern monetary history: Asia The Central Bank buys U.S. dollars at 0.708 dinar per dollar, and sells U.S. dollars at 0.710 dinar per dollar. Report of the Working Party on the Accession of the Hashemite Kingdom of Jordan to the World Trade Organization

A sample exchange rate of Jordanian dinars to US dollars:

0.29 dinar

0.39 dinar

0.66 dinar

0.70 dinar

0.71 dinar

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See also

• British currency in the Middle East
• Economy of Jordan
• Economy of the Palestinian territories
• Iraqi dinar

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External links

• Coins of the Hashemite Kingdom of Jordan
• Banknotes of the Hashemite Kingdom of Jordan. .
• The banknotes of Jordan

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