The Jordanian dinar (; code: JOD; symbol: , unofficially abbreviated as JD) has been the currency of Jordan since 1950. The Central Bank of Jordan commenced operations in 1965 and became the sole issuer of Jordanian currency and central bank, in place of the Jordan Currency Board.

Each dinar, the base unit, is divided into 100 qirsh (also called piastres); and is also divided into 10 dirham and 1000 fulus (singular is fils). Fils are effectively obsolete; however, monetary amounts are still written to three decimal places representing fils. It is pegged to the US dollar.

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 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 filsShilin 10 piastres(qirsh) 28.00 8.00 100 filsBareezah dinar 26.50 7.40 Brass Plain 2004 Rub'a25 piastres250 fils dinar 29.00 9.60 Outer: Aluminium bronze 2000 Nusf50 piastres500 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 dinar notes were replaced by coins in 1999 and the 50 dinar note was re-issued in 2000.

Issues by the Jordan Currency Board First issue First issue (1949–1952) Image Value Dimensions(mm) Main colour Description Issue Obverse Reverse Obverse Reverse 500 fils 128 x 76 Purple Wadi Al Arab irrigation project Shepherd with his flock1949 (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

Second issue Second issue (1952–1965) Image Value Dimensions(mm) Main colour Description Issue Obverse Reverse Obverse Reverse 500 fils 128 x 76 Purple Wadi Al Arab irrigation project Shepherd with his flock1952 (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

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 dinar 140 x 70 BrownHussein 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

Second issue Second issue (1975–1992) Image Value Dimensions(mm) Main colour Description Issue Obverse Reverse 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

Third issue Third issue (1992–2002) Image Value Dimensions(mm) Main colour Description Issue Obverse Reverse dinar 131 × 62 Brown Hussein bin Talal Qusayr 'Amra 1 August 1992 1 dinar 137 × 66 Green The Cardo, Jerash 5 dinar 143 × 70 RedAl-Khazneh 1 October 1992 10 dinar 149 × 74 Blue Ajloun Castle 20 dinar 155 × 78 Olive green Dome of the Rock 1 August 1992 50 dinar 149 × 74https://www.cbj.gov.jo/EN/ListDetails/Issuance_of_Banknotes/2338/22 Brown and purple Abdullah II Raghadan Palace 27 January 2000

Fourth issue Fourth issue (2002–2022) Image Value Dimensions(mm) Main colour Description Firstprinting Issue Obverse Reverse Obverse Reverse 1 dinar 133 × 74 Green Hussein bin Ali;Silver Hashemite coin Great Arab Revolt;Supreme Order of the Renaissance 20021423 AH 30 March 2003 5 dinars 137 × 74 Orange Abdullah I bin al-Hussein;Army inspection Ma’an Palace;Umayyad coin 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 Brownishpurple Abdullah II bin al-Hussein Raghadan Palace;Marble carvings from Al-Aqsa Mosque;Black iris flower

Fifth issue Fifth issue (2022) Image Value Dimensions(mm) Main colour Description Firstprinting Issue Obverse Reverse Obverse Reverse 1 dinar 133 × 74 Green Hussein bin Ali;Acanthus syriacus Mountains of Wadi Rum;Sinai rosefinch2022 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, including Al-Aqsa 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.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:

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

References

External links Coins of the Hashemite Kingdom of Jordan Banknotes of the Hashemite Kingdom of Jordan. . The banknotes of Jordan