Want to know the current INR to JOD conversion rate? If you have been saving for your upcoming overseas vacation, then finding the most competitive forex rates is a must. Thinking of visiting Jordan? Thomas Cook offers the most competitive INR to JOD exchange rate.
Important Things about Jordan:
| Capital |
Amman |
| Dialing Code |
+962 |
| Currency |
Jordanian Dinar |
| King |
Abdullah II of Jordan |
| Official Language |
Arabic |
Importance of the Jordanian Dinar
Jordanian Dinar or JOD is one of the foreign currencies traded on the international forex market. The Jordanian Dinar is pegged to the US Dollar since 1995. The currency is pegged to the US Dollar to give financial stability to its currency thereby increasing foreign direct investment and attracting deposits in the country. The Jordanian Dinar is one of the strongest currencies in the world.
Introduction of the Jordanian Dinar
JOD is an abbreviation of the Jordanian Dinar the official currency of Jordan. The Jordanian Dinar has been the official currency of Jordan since 1950. Before 1950, Jorden was using the Palestinian Pound. However, after the independence of Jordan, the country issued and circulated its currency by establishing the Jordan Currency Board.
Since the year 1959, the Central Bank of Jordan is responsible for the issuance and circulation of the Jordanian Dinar. The Central Bank of Jordan has issued JOD currency notes in the denominations of 1Dinar, 5Dinar, 10Dinar, 20Dinars, and 50Dinars. Coin denominations are called Qirsh and are available in 0.5, 1, 2.5, 5, 10, 25, 50 Qirsh, and 1 Dinar. The Jordanian Dinar banknote has the name of the country printed on it as the ‘Hashemite Kingdom of Jordan’.
Factors that affect the exchange of the Jordanian Dinar to INR
Knowing foreign exchange rates is important to know if you are travelling or conducting business in the other country. However, these forex rates fluctuate daily. Understanding the factors that affect these forex rates is important for the following reasons:
1. Both the countries i.e., Jordan and India will understand how the trade will be conducted
2. For individuals, it will help in understanding the value of their currency.
The factors that affect the foreign exchange rates of JOD and INR are as follows:
1. The Political Environment in both the countries
2. The Economic Health of both the countries
3. The Inflation rates existing in both the countries
4. The Interest Rates fixed by the central banks of both the countries
5. The Imports and Exports of both the countries
6. The terms of trade between both the countries
Convert Jordanian Dinar to INR Online as per Today’s Conversion Rate
The internet has numerous foreign exchange currency converters that do the math of conversion with a click of a button. However, foreign exchange conversion is very simple here is an example to help you understand.
Mr. Akhbar wants to travel to Jordan with his family. He wants to carry sufficient currency with him. The travel company has suggested he carry 3000 JOD for his entire trip. Let us see the value of 3000 JOD in Indian Rupee.
Today’s current forex rate is 1 JOD = 115.75 INR.
3000 JOD = 3000*115.75= 3, 47,260.33 INR
Convert Jordanian Dinar to INR
The conversion of the JOD to INR is based on the current conversion rate of these two currencies. Today’s exchange rates of both currencies are as under:
1 JOD = 115.75 INR.
10 JOD = 1157.53 INR
Inversely, 1 INR = 0.0086 Jordanian Dinar.
10 INR = 0.086 JOD
Thus, the above statistics suggest that sending money from Jordan to India is beneficial.
How are Jordanian Dinar - INR Rates Determined?
The currency exchange rates are determined by various factors like demand and supply of the respective currency, and macro economical factors like inflation, interest rates, current account deficit, etc. The performance of the country’s government and the decisions and actions of the central bank of the respective countries determine the currency exchange rate of the Jordanian Dinar and the Indian Rupee. Currently, the Indian Rupee is weaker as compared to the Jordanian Dinar.
Jordanian Dinar and INR Overview
The Jordanian Dinar is one of the strongest currencies in the forex market. Being pegged to the US Dollar makes JOD a stronger currency. It means that the Jordanian Dinar is set at a fixed exchange rate. Therefore, regardless of the economic state of Jordan, the value of the currency on the forex market will be strong.
The Indian Rupee and Jordanian Dinar statistics are under
| Particulars |
Statistics of the last 30 days |
Statistics of the last 90 days |
| Highest Rate |
116.61 INR |
116.97 INR |
| Lowest Rate |
115.18 INR |
114.18 INR |
| Average Rate |
115.84 INR |
115.89 INR |
Why Thomas Cook?
Thomas Cook has now become a name synonymous for travel. We take pride in offering world-class travel solutions that enrich your traveling experience. From finding the best deals on hotels and flights to getting the best INR to Jordan Dinar Exchange rate, we have got you covered! Not only do we facilitate the online buying of forex, but also help you reconvert Jordanian Currency to INR after you return from your trip.
Want to know the current 1 INR to JOD exchange rate? Our 24x7 online currency converter tool provides you with the real-time foreign exchange rate, eliminating the complicated calculation of forex. You can also visit your nearest branch and speak to our forex expert to understand the benefits of buying foreign exchange from Thomas Cook.
How to buy forex online on Thomas Cook?
To convert INR to JOD online, simply log on to the Thomas Cook website, enter the required details, and have the forex delivered at your doorstep. You can also visit our nearest branch and pick up your forex at your convenience. With Thomas Cook, forex worries have now become a thing of the past. We empower you to focus on planning your international trip, while we take care of your forex requirements.
If you are looking to convert INR to JOD, then your search ends here. Thomas Cook is amongst the few most reliable travel and forex partners in the world. Head to our website and get your forex delivered within 24 hours!
read less
