JOD (Jordanian Dinar)
Definition of 'JOD (Jordanian Dinar)'The currency abbreviation or currency symbol for the Jordanian dinar (JOD), the currency for Jordan. The dinar is made up of 10 dirham, 100 qirsh or 1000 fils and has no official symbol, but is often presented with the informal notation JD. The dinar is also circulated on Israel's West Bank. |
|
Investopedia explains 'JOD (Jordanian Dinar)'The dinar was first seen replacing the Palestinian pound in 1949. Dinarian coins were denominated in Arabic until 1992 and then changed to English. The dinar has been pegged to the International Money Fund's Special Drawing Rights since October of 1995. It is also unofficially pegged to the U.S. dollar. |
Related Definitions
Articles Of Interest
-
Break Into Forex In 12 Steps
Learn how to get started in forex trading. -
Currency Exchange: Floating Rate Vs. Fixed Rate
Baffled by exchange rates? Wonder why some currencies fluctuate while others are pegged? This article has the answers. -
Top 7 Questions About Currency Trading Answered
Whether you're puzzled by pips or curious about carry trades, your queries are answered here. -
6 Factors That Influence Exchange Rates
Find out how a currency's relative value reflects a country's economic health and impacts your investment returns. -
Using Currency Correlations To Your Advantage
Knowing the relationships between pairs can help control risk exposure and maximize profits. -
A Primer On The Forex Market
Moving from equities to currencies requires you to adjust how you interpret quotes, margin, spreads and rollovers. -
The Yen Is Setting Up To Be An Attractive Long-Term Investment
As Japan embarks on quantitative easing, the yen has come under pressure. Will it continue to be the source of big profits in the latter half of 2013? -
Five ETFs To Cash In On Japan’s Rise
With the election of Shinzo Abe and birth of “Abenomics”, things are looking up for Japan's exporting dependent nation. For investors, Japan may finally be awaking from its doldrums. -
3 Costly Spelling Errors
History has proved that some spelling errors can cost companies and governments millions of dollars. -
The Most Counterfeit-Proof Currencies
The IACA awards provide some of the best insight into the currencies that are proving the most difficult to fake.
Free Annual Reports