Jordanian dinar

Short description: Currency of Jordan

Jordanian dinarدينار أردني / JOD (Arabic)

Obverse of 1 Jordanian Dinar (5th Edition-2022)

ISO 4217
Code| JOD (numeric: 400)
Subunit| 0.001
Unit
Symbol| د.أ
Denominations
Subunit|
​1⁄10| dirham
​1⁄100| qirsh or piastre
​1⁄1000| fils
Banknotes| 1, 5, 10, 20, 50 dinars
Coins| 1, 5, 10 piastres/qirsh, ​1⁄4, ​1⁄2 dinar
Demographics
Official user(s)|  Jordan
Unofficial user(s)|  West Bank
Issuance
Central bank| Central Bank of Jordan
Website| www.cbj.gov.jo
Valuation
Inflation| 1.35%
Source| The World Factbook, 2021 est.
Pegged with| US dollar[1]
US$ = JOD 0.708 (buy)
US$ = JOD 0.71 (sell)

The Jordanian dinar (Arabic: دينار أردني; code: JOD; unofficially abbreviated as JD) has been the currency of Jordan since 1950. The dinar is divided into 100 qirsh (also called piastres) or 1000 fulus. It is pegged to the US dollar.

The Central Bank of Jordan commenced operations in 1964 and became the sole issuer of Jordanian currency, in place of the Jordan Currency Board.

The Jordanian dinar is also widely used in the West Bank alongside the Israeli shekel.[2][3]

## Contents

* 1 History
* 2 Coins
* 3 Banknotes
* 3.1 Issues by the Jordan Currency Board
* 3.1.1 First Issue (1949 - 1952)[6]
* 3.1.2 Second Issue (1952 - 1965)[12]
* 3.2 Issues by the Central Bank of Jordan
* 3.2.1 First Issue (1965 - 1975)[17]
* 3.2.2 Second Issue (1975 - 1992)[21]
* 3.2.3 Third Issue (1992 - 2002)[28]
* 3.2.4 Fourth Issue (2002 - 2022)[28]
* 3.2.5 Fifth Issue (2022 - Present)[39]
* 4 Fixed exchange rate
* 5 See also
* 6 References
* 7 External links

## 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 Jordan annexed 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.[2]

## 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 ​1⁄4 dinar coins in 1970. The 1 fils coin was last minted in 1985. In 1996, smaller ​1⁄4 dinar coins were introduced alongside ​1⁄2 and 1 dinar coins.

Until 1992, coins were denominated in Arabic using fils, qirsh, dirham and dinar but in English 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.

Value | Diameter | Weight | Composition | Edge | Obverse | Reverse | First Minted Year | Common Reference  | 1 qirsh | 25 mm | 5.5 g | Copper-plated steel | Plain |  |  | 2000 |  | 5 piastres (qirsh) | 26 mm | 5 g | Nickel-plated steel | Milled |  |  | 2000 | 50 fils 'Shilin' | 10 piastres (qirsh) | 28 mm | 8 g |  |  | 100 fils, 'Bareezah' | ​1⁄4 dinar | 26.5 mm
Heptagonal | 7.4 g | Brass | Plain |  |  | 2004 | Rub'a1, 25 piastres, 250 fils  | ​1⁄2 dinar | 29 mm
Heptagonal | 9.6 g | Ring: Aluminium bronze
Center: Cupronickel | Plain |  |  | 2000 | {{Coin-yellow-color} p>, 50 piastres, 500 fils

|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|

1. rub'a is Arabic for "piece of four" or "quarter".
2. nusf is Arabic for "piece of two" or "half".

## 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.[4]

In 1949, banknotes were issued by the Jordan Currency Board in denominations of ​1⁄2, 1, 5, 10 and 50 dinars. They bore the country's official name, "The Hashemite Kingdom of the Jordan".[5] 20 dinar notes were introduced in 1977. The 50 dinar note was redesigned and the ​1⁄2 dinar notes were replaced by coins in 1999.

### Issues by the Jordan Currency Board

#### First Issue (1949 - 1952)[6]

Obverse  | Reverse  | Value  | Dimensions  | Primary Color  | Obverse  | Reverse  | Printed Date

|
|
|
|
|
|
|

| 500 fils  | 128 x 76 mm[7] | Dark Purple  | Wadi Al Arab Irrigation Project[7] | View of shepherd with his flock[7] | 1949 (Gregorian)

1368 (Hijri)

| 1 dinar  | 160 x 86 mm[8] | Green  | The late His Majesty King Abdullah  | Oval Plaza - Jerash[8]

| 5 dinar  | 169 x 88 mm[9] | Red  | View of Al-Khazneh[9]

| 10 dinar  | 185 x 97 mm[10] | Blue

| 50 dinar  | 190 x 100 mm[11] | Brown  | View from Aqaba[11]

#### Second Issue (1952 - 1965)[12]

Obverse  | Reverse  | Value  | Dimensions  | Primary Color  | Obverse  | Reverse  | Printed Date

|
|
|
|
|
|
|

| 500 fils  | 128 x 76 mm[13] | Dark Purple  | Wadi Al Arab Irrigation Project[13] | View of shepherd with his flock[13] | 1952 (Gregorian)

1371 (Hijri)

| 1 Dinar  | 160 x 86 mm[14] | Green  | His Majesty the late King Hussein bin Talal  | Oval Plaza - Jerash[14]

| 5 Dinar  | 169 x 88 mm[15] | Red  | View of Al-Khazneh

| 10 Dinar  | 185 x 97 mm[16] | Blue

### Issues by the Central Bank of Jordan

#### First Issue (1965 - 1975)[17]

Obverse  | Reverse  | Value  | Dimensions  | Primary Color  | Obverse  | Reverse  | Issue Date

|
|
|
|
|
|
|

| ​1⁄2 dinar  | 140 x 70 mm[18] | Dark Orange  | His Majesty the late King Hussein bin Talal  | Oval Forum - Jerash[18] | August 4,

1965[18]

| 1 dinar  | 150 x 75 mm[18] | Green  | Dome of the Rock[18] | August 4, 1965[18]

| 5 dinar  | 164 x 82 mm[19] | Red  | View of Al-Khazneh[19] | August 4, 1965[19]

| 10 dinar  | 175 x 88 mm[20] | Blue  | Al-Maghtas[20] | August 4, 1965[20]

#### Second Issue (1975 - 1992)[21]

Obverse/Reverse  | Value  | Dimensions  | Primary Color  | Obverse  | Reverse  | Issue Date

|
|
|
|
|
|

| ​1⁄2 dinar  | 136 × 67.5 mm[22] | Brown  | His Majesty the late King Hussein bin Talal  | Oval Forum - Jerash[22] | November 16, 1975[22]

| 1 dinar  | 144 × 71.5 mm[23] | Green  | Dome of the Rock[23] | November 16, 1975[23]

| 5 dinar  | 152 × 76 mm[24] | Red  | View of Petra[24] | November 16, 1975[24]

| 10 dinar  | 160 × 80 mm[25] | Dark Purple  | The Cultural Palace at Al-Hussein Youth Sports City Roman Amphitheater (Amman)[25]

Three Roman columns in Jerash

| November 16, 1975[25]

| 20 dinar  | 168 × 84 mm  | Olive Green/Blue[26] | View of the Al-Hussein Thermal Power Station in Zarqa

Olive grove[27]

| June 3, 1978 (Olive Green)[4]

August 25, 1990 (Blue)[26]

#### Third Issue (1992 - 2002)[28]

Obverse/Reverse  | Value  | Dimensions  | Primary Color  | Obverse  | Reverse  | Issue Date

|
|
|
|
|
|

| ​1⁄2 dinar  | 131 × 62 mm[29] | Brown  | Hussein bin Talal  | Qusayr 'Amra[29] | August 1, 1992[29][30]

| 1 dinar  | 137 × 66 mm[30] | Green  | The Cardo in Jerash[30]

| 5 dinar  | 143 × 70 mm[31] | Red  | Al-Khazneh[31] | October 1, 1992[31][32]

| 10 dinar  | 149 × 74 mm[32] | Blue  | Ajloun Castle[32]

| 20 dinar  | 155 × 78 mm[33] | Olive green and gray  | Dome of the Rock[33] | August 1, 1992[33]

#### Fourth Issue (2002 - 2022)[28]

Obverse | Reverse | Value | Dimensions | Main Color | Obverse | Reverse | Printed Date | Issued Date | Watermark

|
|
|
|
|
|
|
|
|

|  | 1 dinar | 133 × 74 mm[34] | Green |

* Hussein bin Ali
* A silver Hashemite coin minted in the Kingdom of Hejaz[34]

* Flag of the Great Arab Revolt
* Supreme Order of the Renaissance in the center
* Antique compass in the top right[34]

| 2002
Hijri 1423 | March 30, 2003[34] | Sharif Hussein bin Ali
|  | 5 dinars | 137 × 74 mm[35] | Brick orange |

* Abdullah bin al-Hussein I
* Official Seal of Abdullah bin Al-Hussein I in the bottom right[35]

* Ma’an Palace
* Umayyad coin minted in Jordan bearing the phrase "There is no god but Allah alone" on the left side[35]

| December 22, 2002[35][36] | Abdullah I bin al-Hussein
|  | 10 dinars | 141 × 74 mm[36] | Blue |

* Talal bin Abdullah
* Umm Qais Museum
* Commemorative stamp issued for the establishment of the first Jordanian parliament, at the bottom right[36]

* First Jordanian Parliament Building
* Picture of Wadi Rum on the right side
* Decorative motif from the Al Qastal area dating back to the Umayyad period on the left side[36]

| Talal bin Abdullah
|  | 20 dinars | 145 × 74 mm[37] | Brown and Olive Green |

* Hussein bin Talal
* King Abdullah I Mosque[37]

* Dome of the Rock[37]

| February 2, 2003[37][38] | Hussein bin Talal
|  | 50 dinars | 149 × 74 mm[38] | Brown and Purple |

* Abdullah bin al-Hussein II[38]

* Raghadan Palace
* Marble carvings from Al-Aqsa Mosque.
* Black Iris Flower \- the national flower of the Hashemite Kingdom of Jordan.[38]

| Abdullah II bin al-Hussein

#### Fifth Issue (2022 - Present)[39]

Obverse  | Reverse  | Value  | Dimensions  | Main Color  | Obverse  | Reverse  | Printed Date  | Issued Date  | Watermark

|
|
|
|
|
|
|
|
|

|  | 1 dinar  | 133 × 74 mm[4] | Green  |

* Hussein bin Ali
* Acanthus syriacus

* Mountains of Wadi Rum
* Sinai Rosefinch, the national bird of Jordan

| 2022
Hijri 1443  | 26 December 2022  | Sharif Hussein bin Ali
|  | 5 dinars  | 137 × 74 mm  | Orange  |

* Abdullah bin al-Hussein I
* Petra

| Treasury, Petra | 16 August 2023  | Abdullah I bin al-Hussein
|  | 10 dinars  | 141 × 74 mm  | Blue  |

* Talal bin Abdullah
* Qusayr 'Amra

| Roman Theater in Amman  | 26 July 2023  | Talal bin Abdullah
|  | 20 dinars  | 145 × 74 mm  | Cyan  |

* Hussein bin Talal
* King Hussein Mosque

| Wadi Mujib  | 21 March 2023  | Hussein bin Talal
|  | 50 dinars  | 149 × 74 mm  | Purple  |

* Abdullah bin al-Hussein II
* Jerusalem

| Wadi Rum  | 5 February 2023  | Abdullah bin al-Hussein II

## 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 United States dollar = 0.709 dinar most of the time, which is approximately 1 dinar = 1.41044 dollars.[40][41] The Central Bank buys U.S. dollars at 0.708 dinar per dollar, and sells U.S. dollars at 0.710 dinar per dollar.[42]

A sample exchange rate of Jordanian dinars to US dollars:

Year | US Dollar =

|

1980 | 0.29 dinar
1985 | 0.39 dinar
1990 | 0.66 dinar
1995 | 0.70 dinar
2020 | 0.71 dinar

## See also

* Economy of Jordan
* Economy of the Palestinian territories

## References

1. ↑ "Exchange rates of major foreign currencies announced by CBJ". http://www.cbj.gov.jo/uploads/23.xls. [yes|permanent dead link|dead link}}]
2. ↑ 2.0 2.1 Zacharia, Janine (2010-05-31). "Palestinian officials think about replacing Israeli shekel with Palestine pound". The Washington Post. ISSN 0190-8286. https://www.washingtonpost.com/wp-dyn/content/article/2010/05/29/AR2010052903131.html.
3. ↑ Cobham, David (2004-09-15). "Alternative currency arrangements for a new Palestinian state". in David Cobham. The Economics of Palestine: Economic Policy and Institutional Reform for a Viable Palestine State. London: Routledge. ISBN 9780415327619. http://fmwww.bc.edu/repec/mmfc04/13.pdf. Retrieved 2018-08-22.
4. ↑ 4.0 4.1 4.2 "Banknotes - the Central Bank of Jordan". https://www.cbj.gov.jo/Pages/viewpage.aspx?pageID=219.
5. ↑ Linzmayer, Owen (2012). "Jordan". The Banknote Book. San Francisco, CA: www.BanknoteNews.com. http://www.banknotebook.com.
6. ↑ "CBJ -". 2007-10-26. http://www.cbj.gov.jo/arabic/pages.php?local_type=26&category=7&subcategory=8.
7. ↑ 7.0 7.1 7.2 "CBJ -". 2006-10-23. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=39&local_details=1.
8. ↑ 8.0 8.1 "CBJ -". 2007-10-23. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=38&local_details=1.
9. ↑ 9.0 9.1 "CBJ -". 2006-10-23. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=37&local_details=1.
10. ↑ "CBJ -". 2007-10-23. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=36&local_details=1.
11. ↑ 11.0 11.1 "CBJ -". 2007-10-23. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=35&local_details=1.
12. ↑ "CBJ -". 2007-10-23. http://www.cbj.gov.jo/arabic/pages.php?local_type=26&category=7&subcategory=9.
13. ↑ 13.0 13.1 13.2 "CBJ -". 2007-10-23. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=43&local_details=1.
14. ↑ 14.0 14.1 "CBJ -". 2007-10-23. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=42&local_details=1.
15. ↑ "CBJ -". 2007-10-23. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=41&local_details=1.
16. ↑ "CBJ -". 2007-10-23. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=40&local_details=1.
17. ↑ "CBJ -". 2007-10-30. http://www.cbj.gov.jo/arabic/pages.php?local_type=26&category=7&subcategory=10.
18. ↑ 18.0 18.1 18.2 18.3 18.4 18.5 "CBJ -". 2007-10-30. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=46&local_details=1.
19. ↑ 19.0 19.1 19.2 "CBJ -". 2007-10-30. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=45&local_details=1.
20. ↑ 20.0 20.1 20.2 "CBJ -". 2007-10-30. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=44&local_details=1.
21. ↑ "CBJ -". 2007-10-23. http://www.cbj.gov.jo/arabic/pages.php?local_type=26&category=7&subcategory=11.
22. ↑ 22.0 22.1 22.2 "CBJ -". 2007-10-23. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=53&local_details=1.
23. ↑ 23.0 23.1 23.2 "CBJ -". 2007-10-23. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=52&local_details=1.
24. ↑ 24.0 24.1 24.2 "CBJ -". 2007-10-23. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=51&local_details=1.
25. ↑ 25.0 25.1 25.2 "CBJ -". 2007-10-23. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=50&local_details=1.
26. ↑ 26.0 26.1 "CBJ -". 2007-10-23. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=49&local_details=1.
27. ↑ "Error: no `|title=` specified when using {{Cite web}}". https://www.cbj.gov.jo/DetailsPage/CBJAR/BanknotesVersions.aspx.Error:+no+`|title=`+specified when+using+{{[[Template:Cite+web|Cite+web]]}}&rft.atitle=&rft_id=https://www.cbj.gov.jo/DetailsPage/CBJAR/BanknotesVersions.aspx&rfr_id=info:sid/en.wikibooks.org:Finance:Jordanian_dinar">
28. ↑ 28.0 28.1 "Central Bank of Jordan - Museum". http://www.cbj.gov.jo/pages.php?local_type=26&category=7&subcategory=29.
29. ↑ 29.0 29.1 29.2 "CBJ -". 2007-10-26. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=58&local_details=1.
30. ↑ 30.0 30.1 30.2 "CBJ -". 2007-10-26. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=57&local_details=1.
31. ↑ 31.0 31.1 31.2 "CBJ -". 2007-10-26. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=56&local_details=1.
32. ↑ 32.0 32.1 32.2 "CBJ -". 2007-10-26. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=55&local_details=1.
33. ↑ 33.0 33.1 33.2 "CBJ -". 2007-10-30. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=54&local_details=1.
34. ↑ 34.0 34.1 34.2 34.3 "CBJ -". 2007-10-23. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=64&local_details=1.
35. ↑ 35.0 35.1 35.2 35.3 "CBJ -". 2007-10-23. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=63&local_details=1.
36. ↑ 36.0 36.1 36.2 36.3 "CBJ -". 2007-10-23. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=62&local_details=1.
37. ↑ 37.0 37.1 37.2 37.3 "CBJ -". 2007-10-23. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=61&local_details=1.
38. ↑ 38.0 38.1 38.2 38.3 "CBJ -". 2007-10-26. http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=60&local_details=1.
39. ↑ "فئات أوراق النقد الأردني/الإصدار الخامس - البنك المركزي الاردني". https://www.cbj.gov.jo/DetailsPage/CBJAR/NewsDetails.aspx?ID=369.
40. ↑ Exchange Rate Fluctuations, Programme Management Unit
41. ↑ Tables of modern monetary history: Asia
42. ↑ Report of the Working Party on the Accession of the Hashemite Kingdom of Jordan to the World Trade Organization

## External links

* Coins of the Hashemite Kingdom of Jordan
* Banknotes of the Hashemite Kingdom of Jordan
* The banknotes of Jordan (in English and German)

0.00

(0 votes)

Original source: https://en.wikipedia.org/wiki/Jordanian dinar. Read more

|

Retrieved from "https://handwiki.org/wiki/index.php?title=Finance:Jordanian_dinar&oldid=3420298"