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Jordan







Country ISO code: JO

Official language: Arabic

Language ISO code: ar

Current official currency: Jordanian Dinar

Current currency ISO code: JOD


Currency: Jordanian Dinar (JOD)

  • ISO code: JOD

  • Symbols: JD (common symbol)

  • Singular name: Dinar

  • Plural name: Dinars

  • Monetary subdivision: 1 Dinar = 10 qirsh (piastres) = 100 fils

  • Fraction singular name: fil

  • Fraction plural name: fils

  • Initial production date: 1949 (after formal independence of Jordan)

  • Final production date: still in production

  • Initial circulation date: 1949

  • Final circulation date: currently in circulation

  • Mint: not specifically identified in sources; usually minted at international mints

  • Issuing bank: Central Bank of Jordan

  • Coin denominations minted: 1, 5, 10, 25, and 50 fils; 1/4, 1/2, and 1 dinar

  • Banknote denominations printed: 1, 5, 10, 20, 50, and 100 Jordanian dinars


Economic and historical context

  • The Jordanian dinar has been the official currency since 1949, a few years after the country gained independence from the British Mandate.

  • The currency is also widely used in the West Bank.

  • The subdivision into qirsh (piastres) and fils is common in everyday use.

  • The Central Bank of Jordan is the issuing and regulatory authority.

  • The Central Bank's balance sheet has grown in recent years, reaching approximately 19.3 billion JOD in 2025.

  • Jordan's international reserves reached about 16.8 billion JOD in 2025.

  • The currency maintains a relatively stable exchange rate, valued around 8.0 Brazilian reais in 2025.

  • Banknotes and coins feature designs honoring historical figures and national monuments, such as King Al-Hussein Bin Talal.

  • Card payments are common in urban and tourist areas, but Jordanian dinar cash is preferred for daily transactions.

  • Foreign currencies such as the US dollar, euro, Lebanese pound, Egyptian pound, and Israeli shekel also circulate informally and are easily exchanged in major Jordanian cities.


Monetary legislation and authority

  • The currency is regulated by the Central Bank of Jordan.

  • The Central Bank is responsible for issuance, circulation control, and monetary stability.

  • Banknotes are signed by Central Bank officials (specific names not available).


Curiosities

  • The Jordanian dinar is one of the most stable currencies in the region.

  • Commemorative coins are occasionally issued to mark national and historical events.

  • Banknotes include advanced visual and security features.


Current status

  • The Jordanian dinar is active and the only official currency in circulation in Jordan.

  • Prior to 1949, Jordan used Ottoman Empire coins and the Palestinian pound during the British Mandate period.


This report provides a comprehensive financial history of المملكة الأردنية الهاشمية (the Hashemite Kingdom of Jordan) based on information available up to 2025.



Fonte:

Autor do blog: Nilton Romani

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