The dinar is the currency of Jordan and the West Bank, where it circulates along with the Israeli new shekel. Click here for more information.
Origins and history
The dinar started circulating in Jordan in 1949, and before that the Palestinian pound was the currency used. The dinar is subdivided into 100 piastres or 1000 fulus.
In 1964 the Central Bank of Jordan was established and the first series of banknotes were issued in denominations of 0.5, 1, 5 and 10 dinar, all of which had the image of King Hussein printed on them.
Until 1992, denominations in fils, qirsh, dirhams and dinars were written in Arabic, and only fils and dinar in English. Since 1992, fils and dirhams denominations are no longer used.
Current Jordanian dinar coins and banknotes
Coins in current circulation are of 1, 2.5, 5 and 10 piastres, and 0.25, 0.5 and 1 dinar.
Regarding banknotes, denominations of 1, 5, 10, 20 and 50 dinar are in use.
Interesting facts about the Jordanian dinar:
- During Israel’s hyperinflation in the 1970s and 1980s, the Jordanian dinar provided stability to the area.
- The Jordanian dinar is known as JD (in reference to its symbol).
- The political system in Jordan is a parliamentary monarchy, with King Abdullah II as head of state.