Everything about Jordanian Dinar totally explained
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 Year |
Common Reference |
| ½ qirsh (piastre) |
21 mm |
4 g |
Copper plated steel |
Plain |
Hussein bin Talal facing left |
Lattice design, Eastern Arabic numerals ½ |
1996 |
|
| 1 qirsh (piastre) |
25 mm |
5.5 g |
Bronze plated steel |
Lattice design; Eastern Arabic numerals 1 |
1994 |
|
| 2½ piastres (qirsh) |
22 mm |
3 g |
Nickel plated steel |
Milled |
Hussein bin Talal facing left |
Lattice design, Eastern Arabic numerals 2½ |
1992 |
25 fils |
| 5 piastres (qirsh) |
26 mm |
5 g |
Lattice design, Eastern Arabic numerals 5 |
50 fils |
| 10 piastres (qirsh) |
28 mm |
8 g |
Lattice design, Eastern Arabic numerals 10 |
100 fils |
| ¼ dinar |
26.5 mm Heptagonal |
7.4 g |
Brass |
Plain |
Hussein bin Talal facing left |
Leaf design, Eastern Arabic numerals ¼ |
1996 |
Rubia1, 25 piastres, 250 fils |
| ½ dinar |
29 mm Heptagonal |
|
Leaf design, Eastern Arabic numerals ½ |
Nuus2, 50 piastres, 500 fils |
|
29 mm Heptagonal |
9.6 g |
Ring: Aluminium bronze Center: Cupronickel |
Plain |
Hussein bin Talal facing left |
Leaf design, Eastern Arabic numerals ½ |
1997 |
| 1 dinar |
32 mm Heptagonal |
|
Brass |
Plain |
Hussein bin Talal facing left |
Leaf design, Eastern Arabic numerals 1 |
1996 |
|
| 1 dinar |
24 mm |
|
Milled |
1998 |
|
- rubia is Arabic for "piece of four" or "quarter"
- 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.
Fixed exchange rate
Since
23 October 1995, the dinar has been officially pegged to the
IMF's
Special Drawing Rights (SDRs). In practice, it's fixed at 1
U.S. dollar = 0.709 dinar most of the time, which translates to approximately 1 dinar = 1.41044 dollars . The Central Bank buys U.S. dollars at 0.708 dinar, and sell U.S. dollars at 0.710 dinar.
Further Information
Get more info on 'Jordanian Dinar'.
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