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The official currency in Jordan is the Jordanian dinar and divides into 100 qirsh (also called piastres) or 1000 fils. Since 23 October 1995, the dinar has been officially pegged to the IMF's special drawing rights (SDRs). In practice, it is fixed at 1 US$ = 0.709 dinar, which translates to approximately 1 dinar = 1.41044 dollars.
In 1967, Jordan lost control of the West Bank, but the Jordanian dinar continued to be used there. It continues to be widely used in the West Bank alongside the Israeli shekel. [2] In 1988 and 1989, the dinar depreciated substantially due to mounting foreign debts in the kingdom. During that time, there were protests across the country.
For example, the purchasing power of the US dollar relative to that of the euro is the dollar price of a euro (dollars per euro) times the euro price of one unit of the market basket (euros/goods unit) divided by the dollar price of the market basket (dollars per goods unit), and hence is dimensionless. This is the exchange rate (expressed as ...
The NFL is the latest league having to make adjustments around the fires ravaging Los Angeles. (Myung J. Chun / Los Angeles Times via Getty Images) (Myung J. Chun via Getty Images)
The Dow's losses amount to roughly 3%, or more than 1,500 points, in the past nine trading sessions. The index has fallen from a record close of 45,014 on Dec. 4 to 43,499 as of Tuesday's close.
Former Manhattan Congresswoman Carolyn Maloney was honored for her tireless work on behalf of 9/11 responders at the US Capitol Wednesday — with a new portrait depicting the 78-year-old ...
Since the mid-1980s, the primary currencies used in the West Bank have been the shekel and the Jordanian dinar. [14] The shekel is used for most transactions, especially retail, while the dinar is used more for savings and durable goods transactions. [15] The US dollar is also sometimes used for savings and for purchasing foreign goods. [15]
Jennaleah “Jenna” Hin, 17, of Henderson, Nevada, was reported missing since Dec. 30 after she reportedly left home following a family dispute