JODJordanian DinarJordanian Dinar (JOD)
The Jordanian dinar is Jordan's national currency and a Levant monetary unit managed around a fixed U.S.-dollar anchor.
- ISO code
- JOD
- Symbol
- د.ا
- Region
- Middle East
- Currency type
- Fiat currency
- Exchange system
- Pegged to the US dollar
- Last reviewed
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Quick facts
JOD at a glance
Currency profile
How JOD works
The Jordanian dinar is Jordan's national currency and a Levant monetary unit managed around a fixed U.S.-dollar anchor.
The Central Bank of Jordan issues dinar currency and conducts monetary policy with the fixed exchange rate as its nominal pillar.
- JOD is divided into 1,000 fils or 100 piastres, which supports three-decimal monetary notation.
- Jordan has maintained its fixed U.S.-dollar exchange-rate framework since 1995.
Context
Why this currency matters
JOD combines a long-standing national dinar system with a fixed dollar policy that has served as Jordan's monetary anchor since 1995. Users should separate that official framework from a provider's dated JOD conversion and from the three-decimal convention created by the fils subdivision.
Monetary framework
Exchange arrangement
JOD is maintained under a fixed exchange-rate system with the U.S. dollar adopted in 1995. CurrencyHub displays a separate dated provider reference rate for comparison.
CurrencyHub shows daily reference rates. Banks, card networks, ATMs and transfer providers may apply different exchange rates, fees or spreads.
History timeline
Key dates for JOD
Jordanian dinar introduced
Jordan introduced the dinar to replace the Palestine pound in national circulation.
Central Bank of Jordan - monetary policy operational frameworkCentral Bank of Jordan began operations
The central bank began operating and assumed monetary and currency responsibilities.
Central Bank of Jordan - monetary policy operational frameworkFixed U.S.-dollar system adopted
Jordan adopted the fixed exchange-rate framework that remains the nominal pillar of monetary policy.
Central Bank of Jordan - monetary policy operational framework
Usage and economy
How JOD is used
- Prices, wages and payments in Jordan.
- Levant and Gulf comparisons involving ILS, EGP, SAR and USD.
Country currency guides
Banknotes and coins
JOD currency units
The Central Bank of Jordan documents the dinar banknote issues used in circulation.
The Central Bank of Jordan documents dinar, piastre and fils coin denominations.
One Jordanian Dinar unit is recorded with 3 decimal places and uses Fils as its minor unit.
Related currencies
Currency relationships
Explore currencies connected through regional use, trade comparisons or monetary relationships.
FAQ
JOD questions
Why is JOD linked to USD?
Jordan uses the fixed exchange rate with the U.S. dollar as the nominal anchor of its monetary policy.
What currency did the Jordanian dinar replace?
The dinar replaced the Palestine pound in Jordan beginning in 1950.
Why can JOD amounts use three decimals?
One dinar is divided into 1,000 fils, so three decimal places can represent the full minor-unit structure.
Sources
Data and editorial review
Rate source: Frankfurter
Last reviewed:
Currency identity and cash information is checked against central-bank, government, ISO and official international sources.