Currency Rate Jordanian Dinar to USD
Our Currency Rate JOD latest updates allow you to track real-time exchange rates effortlessly. By accessing and analyzing accurate and current data, you'll stay informed on the JOD. We provide comprehensive information to meet all your financial needs effectively.
Buying rate
JOD 1.324954
Selling rate
JOD1.517277
Jordanian Dinar (JOD)
Currency Details
Symbol: JD
ISO Code: JOD
Subunits: 1 Dinar = 1000 fils (although fils are no longer used)
Banknotes and Coins
The Jordanian Dinar is available in both coins and banknotes:
Coins:
Coins are available in denominations of 1
5 fils
10 fils
25 fils
50 fils
100 fils
500 fils, though due to inflation, smaller denominations like fils are rarely used.
Banknotes:
Current banknotes in circulation:
1 dinar
5 dinars
10 dinars
20 dinars
50 dinars
History and Background
The Jordanian Dinar has been the official currency of Jordan since 1950, replacing the Palestinian Pound. It is managed and issued by the Central Bank of Jordan.
Economic Significance
The JOD is crucial to Jordan's economy, facilitating trade, investment, and daily transactions. Jordan's economy is primarily driven by services, tourism, industry, and agriculture.
Usage and Exchange
The Jordanian Dinar is widely accepted across Jordan for all transactions. For international visitors and expatriates, exchanging foreign currency for Jordanian Dinars can be done at banks, exchange bureaus, and ATMs. Credit and debit cards are widely accepted, making transactions convenient for tourists.
Conclusion
The Jordanian Dinar is not just a currency; it is a symbol of Jordan's history, culture, and economic development. Understanding the JOD is essential for anyone engaging with Jordan's economy, whether as a resident or a visitor. The stability and accessibility of the Jordanian Dinar play a significant role in the country's economic growth and prosperity.
Currency Details
Symbol: JD
ISO Code: JOD
Subunits: 1 Dinar = 1000 fils (although fils are no longer used)
Banknotes and Coins
The Jordanian Dinar is available in both coins and banknotes:
Coins:
Coins are available in denominations of 1
5 fils
10 fils
25 fils
50 fils
100 fils
500 fils, though due to inflation, smaller denominations like fils are rarely used.
Banknotes:
Current banknotes in circulation:
1 dinar
5 dinars
10 dinars
20 dinars
50 dinars
History and Background
The Jordanian Dinar has been the official currency of Jordan since 1950, replacing the Palestinian Pound. It is managed and issued by the Central Bank of Jordan.
Economic Significance
The JOD is crucial to Jordan's economy, facilitating trade, investment, and daily transactions. Jordan's economy is primarily driven by services, tourism, industry, and agriculture.
Usage and Exchange
The Jordanian Dinar is widely accepted across Jordan for all transactions. For international visitors and expatriates, exchanging foreign currency for Jordanian Dinars can be done at banks, exchange bureaus, and ATMs. Credit and debit cards are widely accepted, making transactions convenient for tourists.
Conclusion
The Jordanian Dinar is not just a currency; it is a symbol of Jordan's history, culture, and economic development. Understanding the JOD is essential for anyone engaging with Jordan's economy, whether as a resident or a visitor. The stability and accessibility of the Jordanian Dinar play a significant role in the country's economic growth and prosperity.