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.
29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel
The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.
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.
04/05/2008: Introduction of New Banknotes
New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.
01/01/2001: Introduction of New Dinar Notes
New banknotes of the Jordanian dinar were introduced with enhanced security features.
01/09/1999: Introduction of Sheqel Coins
Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the currency.
01/07/1989: Devaluation of the Dinar
The Jordanian dinar was devalued by 50% to stimulate exports and economic growth.
24/02/1985: Hyperinflation Crisis
Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).
01/03/1965: Replacement of Filas
The filas, a fractional unit of the dinar, were replaced by smaller denomination coins.
16/03/1960: Introduction of the New Sheqel
The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.
01/04/1950: Introduction of the Jordanian Dinar
The Jordanian dinar was introduced as the official currency of Jordan, replacing the Palestine pound.
24/02/1949: Introduction of the Israel Pound
The Israeli pound (ILP) was introduced as legal tender in Israel.
24/09/1948: Israeli Declaration of Independence
The Israeli pound (ILP) was introduced as the official currency of Israel.