DMS to JOD Converter and calculator


Conversion rates
Convert DMS to JOD
Convert JOD to DMS
DMS to JOD chart
DMS to JOD conversion data: Volatility and price changes of Documentchain in JOD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.004427 JOD | 0.004427 JOD | 0.004427 JOD | 0.006632 JOD |
Low | 0.004202 JOD | 0.003942 JOD | 0.003727 JOD | 0.003581 JOD |
Average | 0 JOD | 0 JOD | 0 JOD | 0 JOD |
Volatility | % | % | % | % |
Change | +4.56% | +9.03% | +14.49% | -1.81% |
Documentchain information
DMS to JOD market statistics
Current DMS to JOD exchange rate
Documentchain to Jordanian Dinar is rising this week.More info about Documentchain on Bitget
Jordanian Dinar information
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 Jordan’s monetary history, closely tied to the nation’s 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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DMS to JOD Conversion tables
Amount | 15:43 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 DMS | د.ا0 | د.ا-0.{4}9636 | +4.56% |
1 DMS | د.ا0 | د.ا-0.0001927 | +4.56% |
5 DMS | د.ا0 | د.ا-0.0009636 | +4.56% |
10 DMS | د.ا0 | د.ا-0.001927 | +4.56% |
50 DMS | د.ا0 | د.ا-0.009636 | +4.56% |
100 DMS | د.ا0 | د.ا-0.01927 | +4.56% |
500 DMS | د.ا0 | د.ا-0.09636 | +4.56% |
1000 DMS | د.ا0 | د.ا-0.1927 | +4.56% |
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