17/03/2020: COVID-19 Impact on the Dinar
The COVID-19 pandemic and its economic consequences significantly impacted the value and stability of the Jordanian dinar.
10/11/2019: Announcement of Digitizing the Dinar
The Central Bank of Jordan announced its plan to digitize the Jordanian dinar to enhance efficiency and reduce costs.
20/05/2018: SAMA grants licenses for full-fledged digital banks
SAMA issued licenses to two banks for providing digital banking services, reflecting a shift towards digitalization in the financial sector.
21/12/2016: Saudi Arabia introduces the SAR 200 note
A new 200 riyal banknote was introduced, featuring a portrait of King Abdullah bin Abdulaziz Al Saud.
15/12/2013: Launch of the New 50 Dinar Note
A new 50 dinar banknote featuring King Abdullah II was released, replacing the old design.
20/12/2003: Launch of Riyal Interbank Express (SARIE)
SAMA launched SARIE, a real-time gross settlement system, improving interbank transactions and money transfers.
01/01/2001: Introduction of New Dinar Notes
New banknotes of the Jordanian dinar were introduced with enhanced security features.
27/05/1997: Introduction of Saudi Arabian Monetary Agency new design series
SAMA introduced a new series of banknotes with enhanced security features to combat counterfeiting.
01/07/1989: Devaluation of the Dinar
The Jordanian dinar was devalued by 50% to stimulate exports and economic growth.
30/06/1986: Saudi riyal pegged to the US dollar at 3.75 SAR per USD
Saudi Arabia pegged its currency to the USD, ensuring stability and ease of trade with international partners.
01/03/1965: Replacement of Filas
The filas, a fractional unit of the dinar, were replaced by smaller denomination coins.
01/03/1952: Introduction of Saudi Arabian Monetary Agency (SAMA)
SAMA was established as the central bank of Saudi Arabia, responsible for issuing and managing the Saudi riyal.
01/04/1950: Introduction of the Jordanian Dinar
The Jordanian dinar was introduced as the official currency of Jordan, replacing the Palestine pound.
23/09/1932: Establishment of the Kingdom of Saudi Arabia
The Saudi riyal currency was introduced following the unification of the Kingdom under King Abdulaziz Al Saud.