DEFINITION of 'JOD'

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.

BREAKING DOWN 'JOD'

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 TERMS
  1. IQD (Iraqi Dinar)

    IQD is the currency abbreviation for the Iraqi dinar, the currency ...
  2. KWD (Kuwaiti Dinar)

    The symbol KWD is used in global foreign exchange (FX) markets ...
  3. BHD (Bahraini Dinar)

    The Bahrain dinar (BHD) is the currency for Bahrain, an island ...
  4. RSD (Serbian Dinar)

    RSD (Serbian Dinar) is the national currency for the Republic of ...
  5. LYD (Libyan Dinar)

    LYD is the abbreviation for Libya's currency, the Libyan dinar. ...
  6. AED (United Arab Emirates Dirham)

    The currency abbreviation for the United Arab Emirates dirham ...
Related Articles
  1. Trading

    Is the Iraqi Dinar Investment a Wise Investment?

    The Iraqi dinar is a hot investment--but is it a wise one?
  2. Trading

    Iraqi Dinar: Can Comparables Guide Investment?

    Is the Iraqi dinar a good investment? Compared to the Kuwaiti dinar, the Vietnamese dong, and the Egyptian pound, it doesn't stack up.
  3. Trading

    The 6 Strongest Currencies Vs. The U.S. Dollar in 2016

    Learn about the world currencies that are stronger than the U.S. dollar, as of February 2016, as well as which factors have contributed to the dollar's strength.
  4. Trading

    Forex Exotic Currency Trading: Risks & Rewards

    Exotic currencies are off the beaten path and are not for novices, but experienced forex investors might find the high risk-reward potential exciting.
  5. Trading

    On This Day In Finance: July 6 - The United States Adopts The Dollar

    The U.S. adopts the dollar as a monetary unit.
RELATED FAQS
  1. Why Do Mutual Fund Tickers Have an 'X' at the End?

    Mutual fund tickers end with an 'X' to distinguish them from other types of securities. Read Answer >>
  2. Why did my stock's ticker change?

    When a ticker symbol of a publicly traded company changes, it generally means one of a few things. Read Answer >>
  3. Is there a world currency? If so, what is it?

    There is no such thing as a world currency. However, since World War II, the dominant or reserve currency of the world has ... Read Answer >>
  4. Why is the U.S. dollar shown on the top of some currency pairs and on the bottom ...

    All currencies are traded in pairs. The first currency in the pair is called the base currency while the second is called ... Read Answer >>
  5. How do you make money trading money?

    Trading money, particularly in the forex market, is a speculative risk, as you are betting that the value of a currency will ... Read Answer >>
Trading Center