Jordanian dinar

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The Jordanian dinar (Template:Langx; 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

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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.[1]

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 <templatestyles src="Fraction/styles.css" />1⁄4 dinar coins in 1970. The 1 fils coin was last minted in 1985. In 1996, smaller <templatestyles src="Fraction/styles.css" />1⁄4 dinar coins were introduced alongside <templatestyles src="Fraction/styles.css" />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.

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 File:The reverse View of the 1 Qirsh JOD.jpg 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)Script error: No such module "Check for unknown parameters".;
year of issue (Hijri and Gregorian)Script error: No such module "Check for unknown parameters". 		2000
File:The Reverse View of the 5 Piaster JOD.jpg File:The Obverse View of the 5 Qirsh JOD.jpg 5 piastres
(qirsh) 		26.00 5.00 Nickel-plated steel Milled 50 fils
Shilin
File:The Obverse View of the 10 Qirsh JOD.jpg File:The Reverse View of the 10 Piaster JOD Coin.jpg 10 piastres
(qirsh) 		28.00 8.00 100 fils
Bareezah
File:The Obverse View of the 25 Qirsh 0.25 JOD.jpg File:The Obverse View of the 25 Qirsh JOD.jpg <templatestyles src="Fraction/styles.css" />1⁄4 dinar 26.50
(Heptagonal)Script error: No such module "Check for unknown parameters". 		7.40 Brass Plain 2004 Rub'aTemplate:Efn
25 piastres
250 fils
File:The Reverse View of the 50 Qirsh JOD.jpg File:The Obverse View of the 50 Qirsh JOD.jpg <templatestyles src="Fraction/styles.css" />1⁄2 dinar 29.00
(Heptagonal)Script error: No such module "Check for unknown parameters". 		9.60 Outer: Aluminium bronze 2000 NusfTemplate:Efn
50 piastres
500 fils
Inner: Cupronickel

Template:Notelist

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.[2]

In 1949, banknotes were issued by the Jordan Currency Board in denominations of <templatestyles src="Fraction/styles.css" />1⁄2, 1, 5, 10 and 50 dinars. They bore the country's official name, "The Hashemite Kingdom of the Jordan".[3] 20 dinar notes were introduced in 1977. The 50 dinar note was redesigned and the <templatestyles src="Fraction/styles.css" />1⁄2 dinar notes were replaced by coins in 1999.

Issues by the Jordan Currency Board

First issue

First issue (1949–1952)[4]
Image Value Dimensions
(mm) 		Main colour Description Issue
Obverse Reverse Obverse Reverse
File:FIVE HUNDRED FILS JD 1949-obverse.jpg File:FIVE HUNDRED FILS JD 1949-back.jpg 500 fils 128 x 76[5] Purple Wadi Al Arab irrigation project[5] Shepherd with his flock[5] 1949 (Gregorian)

1368 (Hijri)

File:ONE JD 1949-obverse.jpg File:ONE JD 1949-back.jpg 1 dinar 160 x 86[6] Green Abdullah I bin al-Hussein Oval Plaza, Jerash[6]
File:FIVE JD 1949-obverse.jpg File:FIVE JD 1949-back.jpg 5 dinars 169 x 88[7] Red Al-Khazneh[7]
File:TEN JD 1949-obverse.jpg File:TEN JD 1949-back.jpg 10 dinars 185 x 97[8] Blue
File:50 DINAR JD 1949 OBVERSE.png File:50 DINAR JD 1949 REVERSE.png 50 dinars 190 x 100[9] Brown Aqaba[9]

Second issue

Second issue (1952–1965)[10]
Image Value Dimensions
(mm) 		Main colour Description Issue
Obverse Reverse Obverse Reverse
File:FIVE HUNDRED FILS JD 1952-obverse.jpg File:FIVE HUNDRED FILS JD 1952-back.jpg 500 fils 128 x 76[11] Purple Wadi Al Arab irrigation project[11] Shepherd with his flock[11] 1952 (Gregorian)

1371 (Hijri)

File:ONE JD 1952-obverse.jpg File:ONE JD 1952-back.jpg 1 dinar 160 x 86[12] Green Hussein bin Talal Oval Plaza, Jerash[12]
File:FIVE JD 1952-obverse.jpg File:FIVE JD 1952-back.jpg 5 dinars 169 x 88[13] Red Al-Khazneh
File:TEN JD 1952-obverse.jpg File:TEN JD 1952-back.jpg 10 dinars 185 x 97[14] Blue

Issues by the Central Bank of Jordan

First issue

First issue (1965–1975)[15]
Image Value Dimensions
(mm) 		Main colour Description Issue
Obverse Reverse Obverse Reverse
File:Half JD 1959-obverse.jpg File:Half JD 1959-back.jpg <templatestyles src="Fraction/styles.css" />1⁄2 dinar 140 x 70[16] Brown Hussein bin Talal Oval Forum, Jerash[16] 4 August 1965[16]
File:ONE JD 1959-obverse.jpg File:ONE JD 1959-back.jpg 1 dinar 150 x 75[16] Green Dome of the Rock[16]
File:FIVE JD 1959-obverse.jpg File:FIVE JD 1959-back.jpg 5 dinars 164 x 82[17] Red Al-Khazneh[17]
File:TEN JD 1959-obverse.jpg File:TEN JD 1959-back.jpg 10 dinars 175 x 88[18] Blue Al-Maghtas[18]

Second issue

Second issue (1975-1992)[19]
Image Value Dimensions
(mm) 		Main colour Description Issue
Obverse Reverse
File:HALF JD DINAR 1975.jpg <templatestyles src="Fraction/styles.css" />1⁄2 dinar 136 × 67.5[20] Brown Hussein bin Talal Oval Forum, Jerash[20] 16 November 1975[20]
File:ONE JD DINAR 1975.jpg 1 dinar 144 × 71.5[21] Green Dome of the Rock[21] 16 November 1975[21]
File:FIVE JD DINAR 1975.jpg 5 dinars 152 × 76[22] Red Petra[22] 16 November 1975[22]
File:TEN JD DINAR 1975.jpg 10 dinars 160 × 80[23] Blue Cultural Palace, Al-Hussein Youth Sports City;
Roman Amphitheater, Amman[23] 		16 November 1975[23]
File:TWENTY JD DINAR BROWN 1975.jpg 20 dinars 168 × 84 Olive green[24] Al-Hussein Thermal Power Station, Zarqa;
Olive grove[25] 		3 June 1978[2]
File:TWENTY JD DINAR BLUE 1975.jpg Blue green 25 August 1990[24]

Third issue

Third issue (1992-2002)[26]
Image Value Dimensions
(mm) 		Main colour Description Issue
Obverse Reverse
File:HALF JD 1992.jpg <templatestyles src="Fraction/styles.css" />1⁄2 dinar 131 × 62[27] Brown Hussein bin Talal Qusayr 'Amra[27] 1 August 1992[27][28]
File:ONE JD 1992.jpg 1 dinar 137 × 66[28] Green The Cardo, Jerash[28]
File:FIVE JD 1992.jpg 5 dinar 143 × 70[29] Red Al-Khazneh[29] 1 October 1992[29][30]
File:TEN JD 1992.jpg 10 dinar 149 × 74[30] Blue Ajloun Castle[30]
File:TWENTY JD 1992.jpg 20 dinar 155 × 78[31] Olive green Dome of the Rock[31] 1 August 1992[31]

Fourth issue

Fourth issue (2002-2022)[26]
Image Value Dimensions
(mm) 		Main colour Description First
printing 		Issue
Obverse Reverse Obverse Reverse
File:1 JOD Obverse1.jpg File:1 JOD Reverse1.jpg 1 dinar 133 × 74[32] Green Hussein bin Ali;
Silver Hashemite coin[32] 		Great Arab Revolt;
Supreme Order of the Renaissance[32] 		2002
1423 AH 		30 March 2003[32]
File:5 JOD Obverse1.jpg File:5 JOD Reverse1.jpg 5 dinars 137 × 74[33] Orange Abdullah I bin al-Hussein;
Army inspection[33] 		Ma’an Palace;
Umayyad coin minted in Jordan[33] 		22 December 2002[33][34]
File:10 JOD Obverse1.jpg File:10 JOD Reverse1.jpg 10 dinars 141 × 74[34] Blue Talal bin Abdullah;
Umm Qais Museum[34] 		First Jordanian parliament; Wadi Rum;
Decorative motif from Al Qastal[34]
File:20 JOD Obverse.jpg File:20 JOD Reverse.jpg 20 dinars 145 × 74[35] Cyan Hussein bin Talal;
King Abdullah I Mosque[35] 		Dome of the Rock[35] 2 February 2003[35][36]
File:50 JOD Obverse.jpg File:50 JOD Reverse.jpg 50 dinars 149 × 74[36] Brownish
purple 		Abdullah II bin al-Hussein[36] Raghadan Palace;
Marble carvings from Al-Aqsa Mosque;
Black iris flower[36]

Fifth issue

Fifth issue (2022)[37]
Image Value Dimensions
(mm)[2] 		Main colour Description First
printing 		Issue
Obverse Reverse Obverse Reverse
File:1 One Dinar Front (2022).png File:1 One Dinar Back(2022).png 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 File:5 Five Dinars Back (2022).png 5 dinars 137 × 74 Red Abdullah I bin al-Hussein;
Petra 		Treasury, Petra 16 August 2023
File:10 Ten Dinars Front (2022).png File:10 Ten Dinars Back (2022).png 10 dinars 141 × 74 Blue Talal bin Abdullah;
Qusayr 'Amra 		Roman Theater, Amman 26 July 2023
File:20 Twenty Dinars Front (2022).png File:20 Twenty Dinars Back (2022).png 20 dinars 145 × 74 Cyan Hussein bin Talal;
King Hussein Mosque 		Wadi Mujib 21 March 2023
File:50 Fifty Dinars Front (2022).png File:50 Fifty Dinars Back (2022).png 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.[38][39] The Central Bank buys U.S. dollars at 0.708 dinar per dollar, and sells U.S. dollars at 0.710 dinar per dollar.[40]

Current JOD exchange rates
From Google Finance: AUD CAD CHF CNY EUR GBP HKD JPY USD ILS EUR JPY
From Yahoo! Finance: AUD CAD CHF CNY EUR GBP HKD JPY USD ILS EUR JPY
From XE.com: AUD CAD CHF CNY EUR GBP HKD JPY USD ILS EUR JPY
From OANDA: AUD CAD CHF CNY EUR GBP HKD JPY USD ILS EUR JPY

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

References

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  27. ↑ a b c Script error: No such module "citation/CS1".
  28. ↑ a b c Script error: No such module "citation/CS1".
  29. ↑ a b c Script error: No such module "citation/CS1".
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  31. ↑ a b c Script error: No such module "citation/CS1".
  32. ↑ a b c d Script error: No such module "citation/CS1".
  33. ↑ a b c d Script error: No such module "citation/CS1".
  34. ↑ a b c d Script error: No such module "citation/CS1".
  35. ↑ a b c d Script error: No such module "citation/CS1".
  36. ↑ a b c d Script error: No such module "citation/CS1".
  37. ↑ Script error: No such module "citation/CS1".
  38. ↑ Exchange Rate Fluctuations, Programme Management Unit Template:Webarchive
  39. ↑ Tables of modern monetary history: Asia Template:Webarchive
  40. ↑ Report of the Working Party on the Accession of the Hashemite Kingdom of Jordan to the World Trade Organization Template:Webarchive

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External links

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