What is the Currency in Jordan?

With its fascinating history, vibrant culture, and breathtaking landscapes, Jordan is a must-visit destination, but understanding the local currency will ensure a smooth and enjoyable experience. One of the first questions you might ask is, “What is the currency in Jordan?” In this guide, we’ll delve into everything you need to know about the currency in Jordan, including, its history, and where to get it. Whether you’re planning to shop in the souks of Amman or explore ancient Petra, having the right currency on hand is essential for navigating this beautiful country.

The Jordanian dinar (JOD) is the official currency of Jordan and is widely accepted throughout the country. However, many visitors often wonder about its origins and how it compares to other regional currencies. The history of the Jordanian currency is intertwined with the country's growth and development, reflecting its status as a modern yet deeply historical destination. We’ll explore how the Jordanian dinar came into being and why it’s one of the most stable currencies in the Middle East.

We’ll also offer practical advice on where to obtain Jordanian dinar currency and we’ll highlight some tips on currency exchange rates and give you insight into whether it’s better to carry cash or use cards during your trip.

Currency in Jordan

The symbol for Jordanian dinar is JD, and it is used throughout Jordan for all transactions, both large and small. Whether you're purchasing souvenirs in the markets of Amman or paying for a taxi ride to Petra, understanding the Jordanian dinar currency and its denominations will help you navigate the local economy with ease.

Jordanian Dinar Denominations

The Jordanian dinar comes in both banknotes and coins, with a variety of denominations to suit every type of transaction.

Banknotes:

JD1

JD5

JD10

JD20

JD50

These banknotes are widely circulated and easily recognised by locals and visitors alike. The design on each note often features important historical figures or landmarks from Jordan’s rich cultural heritage.

Coins:

1 qirsh (1/100th of a dinar)

5 qirsh

10 qirsh

50 qirsh

JD1 coin

Coins are used for smaller denominations, with the 1 qirsh being the smallest unit in circulation. While coins are generally used for everyday purchases such as small snacks or public transport fares, the JD1 coin can sometimes be used in place of a JD1 banknote for convenience.

Why is Jordan’s Currency So Strong?

The Jordanian dinar currency is considered one of the strongest currencies in the Middle East, and it consistently ranks high in global comparisons for currency strength. But what makes the Jordanian dinar so strong?

The Jordanian dinar’s strength is supported by the country’s GDP per capita, which, while not as high as some of its wealthier neighbours, still reflects a relatively strong and stable economy. Jordan’s GDP per capita ranks in the higher tier compared to other Middle Eastern countries, thanks in large part to its diversified economy. Although Jordan lacks significant oil resources, its sectors such as pharmaceuticals and tourism have helped create a robust economy that supports its currency's value.

Overall, the strength of the Jordanian currency is the result of prudent fiscal and monetary policies, a stable political environment, and a diverse economy. For visitors, this means you’ll encounter a currency that is not only reliable but also respected globally. Whether you’re exchanging your money at an airport or spending at a local market, you can trust that the Jordanian dinar currency offers good value and stability throughout your travels in Jordan.

The History of Jordan’s Currency

The history of Jordan’s currency reflects the country’s journey towards independence and its economic development in the 20th century. Jordan’s currency has undergone several changes since the early 20th century, adapting to the region's shifting political landscape and economic challenges. From the Palestine pound to the establishment of the Jordanian dinar, the country’s monetary system has been central to its financial stability.

The Palestine Pound

Before the establishment of Jordanian sovereignty, the Palestine pound was the currency used in the region. The Palestine pound was first introduced in 1927 by the British Mandate authorities, which ruled over Palestine, including the area that would later become Jordan, following World War I. The Palestine pound was pegged to the British pound at par, meaning one Palestine pound was equal to one British pound.

The Palestine pound circulated in what is now Jordan from its introduction until 1949, when Jordan adopted its own currency after gaining independence.

The Adoption of the Jordanian Dinar

The Jordanian dinar was introduced in 1949 as the official currency of Jordan, marking a significant step in the country’s independence and the establishment of its own financial system. The currency code for the dinar is JOD, and its symbol is JD, which are now recognised worldwide as symbols of Jordan’s economic identity.

When the Jordanian dinar was first introduced, it was pegged to the British pound at a rate of 1 Jordanian dinar = 1.25 British pounds. This exchange rate remained in place for several years before the currency’s value began to fluctuate due to broader economic conditions in the region.

Since its introduction, the Jordanian dinar currency has been known for its stability. Its value has remained relatively consistent over the decades, making it one of the strongest currencies in the Middle East. The Jordanian central bank has maintained tight control over the currency to avoid inflation and ensure economic stability, and the dinar continues to be widely accepted in Jordan and beyond.

Where to Get Jordanian Dinar

When traveling to Jordan, it’s important to note that while many tourist destinations, hotels, and larger businesses accept cards, cash remains the preferred method of payment in many places across the country. Small shops, local vendors, and markets often only deal in cash, so it’s wise to ensure you have enough Jordanian dinar currency on hand to cover day-to-day expenses. In more remote areas, paying by card may not always be an option, so ensuring you’re equipped with local currency is essential for a smooth travel experience.

You can easily buy Jordanian dinar online from Travelex and get it delivered straight to your door. This way, you can focus on the fun parts of preparing for your trip, like planning and packing, without worrying about where to get currency once you arrive.

Travelex offers free home delivery on orders over £500, allowing you to receive your Jordanian dinar before you even leave the house. Alternatively, you can opt for click & collect, picking up your currency from one of Travelex’s convenient locations, including most major airports.

Ready to Buy Some Jordanian Dinar?

You’ve read the guides, had the daydreams, planned the holiday, and now you’re ready to buy some Jordanian dinar. Buy Jordanian dinar online and enjoy free home delivery on orders over £500, or choose to click & collect from any of the hundreds of convenient locations around the UK, including most major airports.

At Travelex, we offer great rates and you’ll pay no commission when you buy online. With Travelex, you can rest assured that you’re getting the best possible deal on your Jordanian dinar, making sure you’re all set for your exciting trip to Jordan.

Whether you’re heading to the Dead Sea, exploring Petra, or shopping in the markets of Amman, make your journey easier by ordering your currency ahead of time with Travelex.