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Jordanian Dinar

Jordanian dinar
دينار أردني (Arabic)
Enlarge picture
1 dinar of 2002
1 dinar of 2002
ISO 4217 CodeJOD
User(s)Jordan, West Bank
Inflation6.3%
Source[https://www.cia.gov/library/publications/the-world-factbook/fields/2092.html The World Factbook], 2006 est.
Pegged withU.S. dollar = 0.709 dinar
Subunit
1/10dirham
1/100qirsh or piastre
1/1000fils
Coins''½, 1 qirsh, 2½, 5, 10 piastres, ¼, ½, 1 dinar
Banknotes''1, 5, 10, 20, 50 dinars
Central bankCentral Bank of Jordan
Websitewww.cbj.gov.jo


The dinar (ISO 4217 code JOD; unofficially known as JD) is the currency of the Hashemite Kingdom of Jordan. The dinar is divided into 10 dirham, 100 qirsh (also called piastres) or 1000 fils.

The Jordanian dinar also circulates in West Bank together with the Israeli new sheqel.

History

Before 1949, Jordan used the Palestinian pound as its currency. The dinar was introduced at par with this pound.

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 denominations and the English denominations are given in dinar and either qirsh or piastres.

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 ¼ dinar coins in 1970. The 1 fils coin was last minted in 1985. In 1996, smaller ¼ dinar coins were introduced alongside ½ and 1 dinar coins.
Fifth Series Coins
Value Diameter Weight Composition Edge Obverse Reverse First Minted YearCommon Reference
½ qirsh (piastre)21 mm4 gCopper plated steelPlainHussein bin Talal facing leftLattice design, Eastern Arabic numerals ½1996
1 qirsh (piastre)25 mm5.5 gBronze plated steelLattice design; Eastern Arabic numerals 11994
2½ piastres (qirsh)22 mm3 gNickel plated steelMilledHussein bin Talal facing leftLattice design, Eastern Arabic numerals199225 fils
5 piastres (qirsh)26 mm5 gLattice design, Eastern Arabic numerals 550 fils
10 piastres (qirsh)28 mm8 gLattice design, Eastern Arabic numerals 10100 fils
¼ dinar26.5 mm
Heptagonal
7.4 gBrassPlainHussein bin Talal facing leftLeaf design, Eastern Arabic numerals ¼1996Rubia1, 25 piastres, 250 fils
½ dinar29 mm
Heptagonal
Leaf design, Eastern Arabic numerals ½Nuus2, 50 piastres, 500 fils
½ dinar29 mm
Heptagonal
9.6 gRing: Aluminium bronze
Center: Cupronickel
PlainHussein bin Talal facing leftLeaf design, Eastern Arabic numerals ½1997
1 dinar32 mm
Heptagonal
BrassPlainHussein bin Talal facing leftLeaf design, Eastern Arabic numerals 11996
1 dinar24 mmMilled1998


Sixth Series Coins
Value Diameter Weight Composition Edge Obverse Reverse First Minted YearCommon Reference
1 qirsh (piastre)25 mm5.5 gCopper plated steelPlainAbdullah II facing rightLattice design; Eastern Arabic numerals 12000
5 piastres (qirsh)26 mm5 gNickel plated steelMilledAbdullah II facing rightLattice design, Eastern Arabic numerals 5200050 fils
10 piastres (qirsh)28 mm8 gLattice design, Eastern Arabic numerals 10100 fils
¼ dinar26.5 mm
Heptagonal
7.4 gBrassPlainAbdullah II facing rightLeaf design, Eastern Arabic numerals ¼2004Rubia1, 25 piastres, 250 fils
½ dinar29 mm
Heptagonal
9.6 gRing: Aluminium bronze
Center: Cupronickel
PlainAbdullah II facing rightLeaf design, Eastern Arabic numerals ½2000Nuus2, 50 piastres, 500 fils
  1. rubia is Arabic for "piece of four" or "quarter"
  2. nuus is Arabic for "piece of two" or "half"

Banknotes

In 1949, banknotes were issued by the government in denominations of 500 fils, 1, 5 and 10 dinar. From 1959, the Central Bank of Jordan took over note production. 20 dinar notes were introduced in 1977, followed by 50 dinar in 1999. ½ dinar notes were replaced by coins in 1999.

The Fourth Series of the Central Bank of Jordan [1]
Value Dimensions Color Obverse Reverse Printed Date Issued Date Watermark
1 dinar133 × 74 mmLime and greenSharif Hussein bin AliGreat Arab Revolt2002
Hijri 1423
30 March 2003
5 dinars137 × 74 mmBrick orangeAbdullah bin al-HusseinMa’an Palace22 December 2002
10 dinars141 × 74 mmBlueTalal bin AbdullahFirst Jordanian Parliament Building
20 dinars145 × 74 mmGreenHussein bin TalalDome of the Rock2 February 2003
50 dinars149 × 74 mmPink and brownKing Abdullah II bin al-HusseinRaghadan Palace

Fixed exchange rate

Since 23 October 1995, the dinar has been officially pegged to the IMF's Special Drawing Rights (SDRs). In practice, it is fixed at 1 U.S. dollar = 0.709 dinar most of the time, which translates to approximately 1 dinar = 1.41044 dollars[1] [2]. The Central Bank buys U.S. dollars at 0.708 dinar, and sell U.S. dollars at 0.710 dinar[3].

Current JOD exchange rates
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Note: Rates obtained from these websites may contradict with pegged rate mentioned above

See also

References

1. ^ Exchange Rate Fluctuations, Programme Management Unit
2. ^ Tables of modern monetary history: Asia
3. ^ Report of the Working Party on the Accession of the Hashemite Kingdom of Jordan to the World Trade Organization

External links

ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO).
..... Click the link for more information.
Anthem
عاش المليك
The Royal Anthem of Jordan
   ("As-salam al-malaki al-urdoni") 1
Long live the King
..... Click the link for more information.
The West Bank (Arabic: الضفة الغربية,
..... Click the link for more information.
Inflation is measured as the growth of the money supply in an economy, without a commensurate increase in the supply of goods and services. This results in a rise in the general price level as measured against a standard level of purchasing power.
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A fixed exchange rate, sometimes (less commonly) called a pegged exchange rate, is a type of exchange rate regime wherein a currency's value is matched to the value of another single currency or to a basket of other currencies, or to another measure of value, such as
..... Click the link for more information.
United States dollar
dólar estadounidense (Spanish)
dólar amerikanu (Tetum)
dólar americano

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Dirham or dirhem (درهم) is a unit of currency in several Arab nations, and formerly the related unit of mass (the Ottoman dram) in the Ottoman Empire.
..... Click the link for more information.
Qirsh, Gersh, Grush and Kuruş are all names for currency denominations in and around the territories formerly part of the Ottoman Empire. The variation in the name stems from the different languages it is used in (Arabic, Ethiopian, Hebrew and Turkish) and
..... Click the link for more information.
piastre or piaster was a unit of currency. It was originally equal to one silver dollar or peso, served as the major unit of currency of French Indochina (Present-day Vietnam, Cambodia, and Laos), and in the Ottoman Empire.
..... Click the link for more information.
For the river in Germany, see Fils River


The fils (Arabic alphabet: فلس) is a subdivision of currency used in many Arab countries, such as Iraq.
..... Click the link for more information.


Economic policy
Monetary policy
Central bank   Money supply
Fiscal policy
Spending   Deficit   Debt
Trade policy
Tariff   Trade agreement

Finance
Financial market
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The Central Bank of Jordan is the central bank of Jordan whose main duties include the release and distribution of the Jordanian currency and the maintenance of a national reserve of gold and foreign currencies.
..... Click the link for more information.
ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO).
..... Click the link for more information.
Anthem
عاش المليك
The Royal Anthem of Jordan
   ("As-salam al-malaki al-urdoni") 1
Long live the King
..... Click the link for more information.
Dirham or dirhem (درهم) is a unit of currency in several Arab nations, and formerly the related unit of mass (the Ottoman dram) in the Ottoman Empire.
..... Click the link for more information.
Qirsh, Gersh, Grush and Kuruş are all names for currency denominations in and around the territories formerly part of the Ottoman Empire. The variation in the name stems from the different languages it is used in (Arabic, Ethiopian, Hebrew and Turkish) and
..... Click the link for more information.
piastre or piaster was a unit of currency. It was originally equal to one silver dollar or peso, served as the major unit of currency of French Indochina (Present-day Vietnam, Cambodia, and Laos), and in the Ottoman Empire.
..... Click the link for more information.
For the river in Germany, see Fils River


The fils (Arabic alphabet: فلس) is a subdivision of currency used in many Arab countries, such as Iraq.
..... Click the link for more information.
The West Bank (Arabic: الضفة الغربية,
..... Click the link for more information.
Israeli new sheqel
שקל חדש (Hebrew)
شيقل جديد

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Palestinian pound
‏جنيه فلسطيني‏ (Arabic)
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al-‘Arabiyyah in written Arabic (Kufic script):  
Pronunciation: /alˌʕa.raˈbij.ja/
Spoken in: Algeria, Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Mauritania, Morocco, Oman,
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English}}} 
Writing system: Latin (English variant) 
Official status
Official language of: 53 countries
Regulated by: no official regulation
Language codes
ISO 639-1: en
ISO 639-2: eng
ISO 639-3: eng  
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2, 1
(mildly basic oxide)
Electronegativity 1.90 (Pauling scale)
Ionization energies
(more) 1st: 745.5 kJmol−1
2nd: 1957.9 kJmol−1
3rd: 3666 kJmol−1

Atomic radius 135 pm
Atomic radius (calc.
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Steel is an alloy consisting mostly of iron, with a carbon content between 0.02% and 1.7 or 2.04% by weight (C:1000–10,8.67Fe), depending on grade. Carbon is the most cost-effective alloying material for iron, but various other alloying elements are used such as manganese and
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His Majesty King Hussein
King of the Hashemite Kingdom of Jordan

Reign 11 August 1952 – February 7, 1999
Born November 14 1935(1935--)
Amman, Jordan
Died
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The Eastern Arabic numerals (also called Arabic-Indic numerals, Arabic Eastern Numerals) are the symbols (glyphs) used to represent the Hindu-Arabic numeral system in conjunction with the Arabic alphabet in Egypt, Iran, Afghanistan, Pakistan and parts of India, and also in
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Bronze is any of a broad range of copper alloys, usually with tin as the main additive, but sometimes with other elements such as phosphorus, manganese, aluminium, or silicon. (See table below.) It was particularly significant in antiquity, giving its name to the Bronze Age.
..... Click the link for more information.
Steel is an alloy consisting mostly of iron, with a carbon content between 0.02% and 1.7 or 2.04% by weight (C:1000–10,8.67Fe), depending on grade. Carbon is the most cost-effective alloying material for iron, but various other alloying elements are used such as manganese and
..... Click the link for more information.
The Eastern Arabic numerals (also called Arabic-Indic numerals, Arabic Eastern Numerals) are the symbols (glyphs) used to represent the Hindu-Arabic numeral system in conjunction with the Arabic alphabet in Egypt, Iran, Afghanistan, Pakistan and parts of India, and also in
..... Click the link for more information.


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