JOD information
About Jordanian Dinar (JOD)
The Jordanian Dinar (JOD), introduced in 1950, is not just the official currency of Jordan but also a symbol of the country's economic resilience and aspirations. It is commonly abbreviated as JOD and represented by the symbol د.ا. Replacing the Palestinian Pound, the Dinar marked a new era in Jordan’s monetary history, closely tied to the nation’s political and economic developments.
Historical Background
The introduction of the Jordanian Dinar was a significant step in establishing Jordan's financial independence following the end of the British Mandate for Palestine. The new currency was instrumental in reflecting the sovereignty and identity of the Hashemite Kingdom of Jordan.
Design and Symbolism
The design of the Jordanian Dinar is a rich blend of Jordan's history, culture, and achievements. Banknotes feature images of King Abdullah II, ancient historical sites like Petra and the Al-Khazneh temple, and symbols of Jordan’s economic development. These designs not only serve as legal tender but also celebrate Jordan’s heritage and progress.
Economic Role
The Dinar plays a central role in Jordan's economy, which is diverse, with significant contributions from sectors like services, tourism, and manufacturing. It supports various economic activities, from government spending to everyday trade. The stability of the Dinar is crucial for economic growth and the well-being of Jordanian citizens.
Monetary Policy and Stability
Managed by the Central Bank of Jordan, the Dinar is known for its stability, which is vital in a region often marked by economic volatility. The bank’s monetary policies focus on maintaining this stability, controlling inflation, and ensuring a healthy banking sector, contributing to investor confidence.
The Dinar in International Trade
The Jordanian Dinar’s stability plays a significant role in international trade, particularly in its agreements within the Middle East and with major global economies. The currency’s strength is crucial for maintaining Jordan's economic relations and attracting foreign investment.
Remittances and the Economy
Remittances from Jordanians working abroad, especially in the Gulf Cooperation Council countries, are a significant source of foreign income. These remittances, converted into Dinars, contribute substantially to the national economy and support many households.
DAD to JOD conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | د.ا0.002792 | 0.0200% / 0.0320%VIP 7 |
How to buy DAD
Buy DAD (or USDT) for JOD (Jordanian Dinar) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|
Sell DAD (or USDT) for JOD (Jordanian Dinar) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|
What factors influence the conversion rate of DAD to Jordanian Dinar?
DAD to Jordanian Dinar is rising this week.Conversion tables
The exchange rate of DAD is increasing.DAD to JOD
JOD to DAD
Today vs. 24 hours ago
Amount | 22:36 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 DAD | $0.002396 | $0.002281 | +5.06% |
1 DAD | $0.004793 | $0.004562 | +5.06% |
5 DAD | $0.02396 | $0.02281 | +5.06% |
10 DAD | $0.04793 | $0.04562 | +5.06% |
50 DAD | $0.2396 | $0.2281 | +5.06% |
100 DAD | $0.4793 | $0.4562 | +5.06% |
500 DAD | $2.4 | $2.28 | +5.06% |
1000 DAD | $4.79 | $4.56 | +5.06% |
Today vs. 1 month ago
Amount | 22:36 today | 1 month ago | 1M change |
---|---|---|---|
0.5 DAD | $0.002396 | $0.002191 | +9.38% |
1 DAD | $0.004793 | $0.004382 | +9.38% |
5 DAD | $0.02396 | $0.02191 | +9.38% |
10 DAD | $0.04793 | $0.04382 | +9.38% |
50 DAD | $0.2396 | $0.2191 | +9.38% |
100 DAD | $0.4793 | $0.4382 | +9.38% |
500 DAD | $2.4 | $2.19 | +9.38% |
1000 DAD | $4.79 | $4.38 | +9.38% |
Today vs. 1 year ago
Amount | 22:36 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 DAD | $0.002396 | $0.004927 | -51.41% |
1 DAD | $0.004793 | $0.009855 | -51.41% |
5 DAD | $0.02396 | $0.04927 | -51.41% |
10 DAD | $0.04793 | $0.09855 | -51.41% |
50 DAD | $0.2396 | $0.4927 | -51.41% |
100 DAD | $0.4793 | $0.9855 | -51.41% |
500 DAD | $2.4 | $4.93 | -51.41% |
1000 DAD | $4.79 | $9.85 | -51.41% |
DAD price prediction
What will the price of DAD be in 2025?
What will the price of DAD be in 2030?
Other crypto price predictions
Bitget Earn
APR