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base info MCFinance

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MCF
MCF
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JOD
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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 Jordans monetary history, closely tied to the nations 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.

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Bitgethot-iconcalculator.compare.best
د.ا0.0006798
0.0200% / 0.0320%vip-iconcalculator.compare.vip
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$0
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$1.22K
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0 MCF

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0.5 MCF
د.ا0.0003398
1 MCF
د.ا0.0006796
5 MCF
د.ا0.003398
10 MCF
د.ا0.006796
50 MCF
د.ا0.03398
100 MCF
د.ا0.06796
500 MCF
د.ا0.3398
1000 MCF
د.ا0.6796

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0.5JOD735.76  MCF
1JOD1,471.51  MCF
5JOD7,357.55  MCF
10JOD14,715.1  MCF
50JOD73,575.52  MCF
100JOD147,151.03  MCF
500JOD735,755.17  MCF
1000JOD1,471,510.34  MCF

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0.5 MCF$0.0004792$0.0004796
-0.10%
1 MCF$0.0009584$0.0009593
-0.10%
5 MCF$0.004792$0.004796
-0.10%
10 MCF$0.009584$0.009593
-0.10%
50 MCF$0.04792$0.04796
-0.10%
100 MCF$0.09584$0.09593
-0.10%
500 MCF$0.4792$0.4796
-0.10%
1000 MCF$0.9584$0.9593
-0.10%

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0.5 MCF$0.0004792$0.0004809
-0.36%
1 MCF$0.0009584$0.0009618
-0.36%
5 MCF$0.004792$0.004809
-0.36%
10 MCF$0.009584$0.009618
-0.36%
50 MCF$0.04792$0.04809
-0.36%
100 MCF$0.09584$0.09618
-0.36%
500 MCF$0.4792$0.4809
-0.36%
1000 MCF$0.9584$0.9618
-0.36%

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0.5 MCF$0.0004792$0.0007103
-32.54%
1 MCF$0.0009584$0.001421
-32.54%
5 MCF$0.004792$0.007103
-32.54%
10 MCF$0.009584$0.01421
-32.54%
50 MCF$0.04792$0.07103
-32.54%
100 MCF$0.09584$0.1421
-32.54%
500 MCF$0.4792$0.7103
-32.54%
1000 MCF$0.9584$1.42
-32.54%

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