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Jordanian dinar

Currency of Jordan

Field	Value
local_name	دينار أردني
local_name_lang	ar
image_1	Jordanian currency.jpg
image_title_1	Fifth edition Jordanian bank notes and coins
iso_code	JOD
date_of_introduction	1949
using_countries
unofficial_users	West Bank
inflation_rate	1.35%
inflation_source_date	The World Factbook, 2021 est.
replaced_currency	Palestine pound
pegged_with	US dollar
= (buy)
= (sell)
subunit_ratio_1
subunit_name_1	dirham
subunit_ratio_2
subunit_name_2	qirsh or piastre
subunit_ratio_3
subunit_name_3	fils
symbol
used_coins	1, 5, 10 piastres/qirsh, , dinar
used_banknotes	1, 5, 10, 20, 50 dinars
issuing_authority	Jordan Currency Board (1950–1964)
Central Bank of Jordan (1964–present)
issuing_authority_website

= (buy) = (sell) Central Bank of Jordan (1964–present)

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 piastres) 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.

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.

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 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.

Fifth issue (2000)	Image	Value	Diameter
(mm)	Mass
(g)	Composition	Edge	Obverse	Reverse	Issue	Other terms	Obverse	Reverse
[[File:Jordanian One Piaster Coin Obverse.jpg	80px]]	[[File:The reverse View of the 1 Qirsh JOD.jpg	80px]]	1 qirsh	25.00	5.50		Copper-plated steel	Plain	Abdullah II bin al-Hussein	Lettering:
The Hashemite Kingdom of Jordan;
value (English and Arabic);
year of issue (Hijri and Gregorian)	2000
[[File:The Reverse View of the 5 Piaster JOD.jpg	80px]]	[[File:The Obverse View of the 5 Qirsh JOD.jpg	80px]]	5 piastres
(qirsh)	26.00	5.00		Nickel-plated steel	Milled	50 fils
Shilin
[[File:The_Obverse_View_of_the_10_Qirsh_JOD.jpg	80px]]	[[File:The Reverse View of the 10 Piaster JOD Coin.jpg	80px]]	10 piastres
(qirsh)	28.00	8.00	100 fils
Bareezah
[[File:The_Obverse_View_of_the_25_Qirsh_0.25_JOD.jpg	80px]]	[[File:The Obverse View of the 25 Qirsh JOD.jpg	80px]]	dinar	26.50
(Heptagonal)	7.40		Brass	Plain	2004	Rub'a
25 piastres
250 fils
[[File:The Reverse View of the 50 Qirsh JOD.jpg	80px]]	[[File:The Obverse View of the 50 Qirsh JOD.jpg	80px]]	dinar	29.00
(Heptagonal)	9.60	Outer: Aluminium bronze	2000	Nusf
50 piastres
500 fils
	Inner: Cupronickel

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.

Issues by the Jordan Currency Board

First issue

First issue (1949–1952)	Image	Value	Dimensions
(mm)	Main colour	Description	Issue	Obverse	Reverse	Obverse	Reverse
[[File:FIVE HUNDRED FILS JD 1949-obverse.jpg	75px]]	[[File:FIVE HUNDRED FILS JD 1949-back.jpg	75px]]	500 fils	128 x 76		Purple	Wadi Al Arab irrigation project	Shepherd with his flock	1949 (Gregorian)
[[File:ONE JD 1949-obverse.jpg	85px]]	[[File:ONE JD 1949-back.jpg	85px]]	1 dinar	160 x 86		Green	Abdullah I bin al-Hussein	Oval Plaza, Jerash
[[File:FIVE JD 1949-obverse.jpg	90px]]	[[File:FIVE JD 1949-back.jpg	90px]]	5 dinars	169 x 88		Red	Al-Khazneh
[[File:TEN JD 1949-obverse.jpg	102px]]	[[File:TEN JD 1949-back.jpg	102px]]	10 dinars	185 x 97		Blue
[[File:50 DINAR JD 1949 OBVERSE.png	105px]]	[[File:50 DINAR JD 1949 REVERSE.png	105px]]	50 dinars	190 x 100		Brown	Aqaba

Second issue

Second issue (1952–1965)	Image	Value	Dimensions
(mm)	Main colour	Description	Issue	Obverse	Reverse	Obverse	Reverse
[[File:FIVE HUNDRED FILS JD 1952-obverse.jpg	75px]]	[[File:FIVE HUNDRED FILS JD 1952-back.jpg	75px]]	500 fils	128 x 76		Purple	Wadi Al Arab irrigation project	Shepherd with his flock	1952 (Gregorian)
[[File:ONE JD 1952-obverse.jpg	85px]]	[[File:ONE JD 1952-back.jpg	85px]]	1 dinar	160 x 86		Green	Hussein bin Talal	Oval Plaza, Jerash
[[File:FIVE JD 1952-obverse.jpg	90px]]	[[File:FIVE JD 1952-back.jpg	90px]]	5 dinars	169 x 88		Red	Al-Khazneh
[[File:TEN JD 1952-obverse.jpg	102px]]	[[File:TEN JD 1952-back.jpg	102px]]	10 dinars	185 x 97		Blue

Issues by the Central Bank of Jordan

First issue

First issue (1965–1975)	Image	Value	Dimensions
(mm)	Main colour	Description	Issue	Obverse	Reverse	Obverse	Reverse
[[File:Half JD 1959-obverse.jpg	80px]]	[[File:Half JD 1959-back.jpg	80px]]	dinar	140 x 70		Brown	Hussein bin Talal	Oval Forum, Jerash	4 August 1965
[[File:ONE JD 1959-obverse.jpg	85px]]	[[File:ONE JD 1959-back.jpg	85px]]	1 dinar	150 x 75		Green	Dome of the Rock
[[File:FIVE JD 1959-obverse.jpg	95px]]	[[File:FIVE JD 1959-back.jpg	95px]]	5 dinars	164 x 82		Red	Al-Khazneh
[[File:TEN JD 1959-obverse.jpg	100px]]	[[File:TEN JD 1959-back.jpg	100px]]	10 dinars	175 x 88		Blue	Al-Maghtas

Second issue

Second issue (1975-1992)	Image	Value	Dimensions
(mm)	Main colour	Description	Issue	Obverse	Reverse
[[File:HALF JD DINAR 1975.jpg	80px]]	dinar	136 × 67.5		Brown	Hussein bin Talal	Oval Forum, Jerash	16 November 1975
[[File:ONE JD DINAR 1975.jpg	80px]]	1 dinar	144 × 71.5		Green	Dome of the Rock	16 November 1975
[[File:FIVE JD DINAR 1975.jpg	80px]]	5 dinars	152 × 76		Red	Petra	16 November 1975
[[File:TEN JD DINAR 1975.jpg	80px]]	10 dinars	160 × 80		Blue	Cultural Palace, Al-Hussein Youth Sports City;
Roman Amphitheater, Amman	16 November 1975
[[File:TWENTY JD DINAR BROWN 1975.jpg	80px]]	20 dinars	168 × 84		date=2007-10-23	title=CBJ -	url=http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=49&local_details=1	access-date=2023-08-08	archive-url=https://web.archive.org/web/20071023091312/http://www.cbj.gov.jo/arabic/template.php?local_type=26&gallery_id=49&local_details=1	archive-date=2007-10-23 }}	Al-Hussein Thermal Power Station, Zarqa;
Olive grove	3 June 1978
[[File:TWENTY JD DINAR BLUE 1975.jpg	80px]]		Blue green	25 August 1990

Third issue

Third issue (1992-2002)	Image	Value	Dimensions
(mm)	Main colour	Description	Issue	Obverse	Reverse
[[File:HALF JD 1992.jpg	100px]]	dinar	131 × 62		Brown	Hussein bin Talal	Qusayr 'Amra	1 August 1992
[[File:ONE JD 1992.jpg	100px]]	1 dinar	137 × 66		Green	The Cardo, Jerash
[[File:FIVE JD 1992.jpg	100px]]	5 dinar	143 × 70		Red	Al-Khazneh	1 October 1992
[[File:TEN JD 1992.jpg	100px]]	10 dinar	149 × 74		Blue	Ajloun Castle
[[File:TWENTY JD 1992.jpg	100px]]	20 dinar	155 × 78		Olive green	Dome of the Rock	1 August 1992

Fourth issue

Fourth issue (2002-2022)	Image	Value	Dimensions
(mm)	Main colour	Description	First
printing	Issue	Obverse	Reverse	Obverse	Reverse
[[File:1_JOD_Obverse1.jpg	80px]]	[[File:1 JOD Reverse1.jpg	80px]]	1 dinar	133 × 74	Green	Hussein bin Ali;
Silver Hashemite coin	Great Arab Revolt;
Supreme Order of the Renaissance	2002
1423 AH	30 March 2003
[[File:5 JOD Obverse1.jpg	85px]]	[[File:5 JOD Reverse1.jpg	85px]]	5 dinars	137 × 74	Orange	Abdullah I bin al-Hussein;
Army inspection	Ma’an Palace;
Umayyad coin minted in Jordan	22 December 2002
[[File:10 JOD Obverse1.jpg	90px]]	[[File:10 JOD Reverse1.jpg	90px]]	10 dinars	141 × 74	Blue	Talal bin Abdullah;
Umm Qais Museum	First Jordanian parliament; Wadi Rum;
Decorative motif from Al Qastal
[[File:20 JOD Obverse.jpg	95px]]	[[File:20 JOD Reverse.jpg	95px]]	20 dinars	145 × 74	Cyan	Hussein bin Talal;
King Abdullah I Mosque	Dome of the Rock	2 February 2003
[[File:50 JOD Obverse.jpg	100px]]	[[File:50 JOD Reverse.jpg	100px]]	50 dinars	149 × 74	Brownish
purple	Abdullah II bin al-Hussein	Raghadan Palace;
Marble carvings from Al-Aqsa Mosque;
Black iris flower

Fifth issue

Fifth issue (2022){{Cite web	title=	Image	Value	Dimensions
(mm)	Main colour	Description	First
printing	Issue	Obverse	Reverse	Obverse	Reverse
[[File:1 One Dinar Front (2022).png	80px]]	[[File:1 One Dinar Back(2022).png	80px]]	1 dinar	133 × 74	Green	Hussein bin Ali;
Acanthus syriacus	Mountains of Wadi Rum;
Sinai rosefinch	2022	26 December 2022
[[File:5 Five Dinars Front (2022).png	85px]]	[[File:5 Five Dinars Back (2022).png	85px]]	5 dinars	137 × 74	Red	Abdullah I bin al-Hussein;
Petra	Treasury, Petra	16 August 2023
[[File:10 Ten Dinars Front (2022).png	90px]]	[[File:10 Ten Dinars Back (2022).png	90px]]	10 dinars	141 × 74	Blue	Talal bin Abdullah;
Qusayr 'Amra	Roman Theater, Amman	26 July 2023
[[File:20 Twenty Dinars Front (2022).png	95px]]	[[File:20 Twenty Dinars Back (2022).png	95px]]	20 dinars	145 × 74	Cyan	Hussein bin Talal;
King Hussein Mosque	Wadi Mujib	21 March 2023
[[File:50 Fifty Dinars Front (2022).png	100px]]	[[File:50 Fifty Dinars Back (2022).png	100px]]	50 dinars	149 × 74	Purple	Abdullah II bin al-Hussein;
Jerusalem	Wadi Rum	5 February 2023

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. The Central Bank buys U.S. dollars at 0.708 dinar per dollar, and sells U.S. dollars at 0.710 dinar per dollar.

A sample exchange rate of Jordanian dinars to US dollars:

Year		US Dollar =
1980
1985
1990
1995
2020

References

(February 2020). "Exchange rates of major foreign currencies announced by CBJ".
Zacharia, Janine. (2010-05-31). "Palestinian officials think about replacing Israeli shekel with Palestine pound". [[The Washington Post]].
"Banknotes - the Central Bank of Jordan".
(2012). "The Banknote Book". www.BanknoteNews.com.
(2007-10-26). "CBJ -".
(2006-10-23). "CBJ -".
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"الصفحة الرئيسية - البنك المركزي الاردني".
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[http://www.pmu.gov.jo/FinanceExcahngeratefulc.htm Exchange Rate Fluctuations, Programme Management Unit] {{webarchive. link. (2004-07-19)
[http://users.erols.com/kurrency/asia.htm Tables of modern monetary history: Asia] {{webarchive. link. (2007-02-19)
[http://www.jftp.gov.jo/Docs/JOR2R3-Domestic%20support.pdf Report of the Working Party on the Accession of the Hashemite Kingdom of Jordan to the World Trade Organization] {{webarchive. link. (2008-06-25)

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