British Pound

British Pound

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). A number of nations that do not use sterling also have currencies called the pound. At various times, the pound sterling was commodity money or bank notes backed by silver or gold, but it is currently fiat money, backed only by the economy in the areas where it is accepted. The pound sterling is the world's oldest currency still in use and which has been in continuous use since its inception.Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the Chinese yuan it forms the basket of currencies which calculate the value of IMF special drawing rights. Sterling is also the third most-held reserve currency in global reserves (about 4%).The British Crown dependencies of Guernsey, Jersey and the Isle of Man produce their own local issues of sterling (the Guernsey pound, the Jersey pound and the Manx pound) which are considered fully equivalent to UK sterling in their respective regions. The pound sterling is also used in Gibraltar (alongside the Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound), Saint Helena and Ascension Island in Saint Helena, Ascension and Tristan da Cunha (alongside the Saint Helena pound). The Bank of England is the central bank for the pound sterling, issuing its own coins and banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Banknotes issued by other jurisdictions are not regulated by the Bank of England; local governments use Bank of England notes as backing for local issuance by allowing them to be exchanged 1:1 at face value.

Jordanian Dinar

Jordanian Dinar

The Jordanian dinar (Arabic: دينار‎; code: JOD; unofficially abbreviated as JD) has been the currency of Jordan since 1950. The Jordanian dinar is also widely used alongside the Israeli shekel in the West Bank. The dinar is divided into 10 dirham, 100 qirsh (also called piastres) or 1000 fulus.

1 British Pound to Jordanian Dinar exchange rates chart

1 GBP to JOD exchange rates graph
1 GBP to JOD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1 GBP to JOD exchange rates table

Exchange GBP to JOD
1 British Pound = 0.904 Jordanian Dinar
2 British Pound = 1.807 Jordanian Dinar
5 British Pound = 4.519 Jordanian Dinar
10 British Pound = 9.037 Jordanian Dinar
Exchange British Pound to Jordanian Dinar
1 British Pound to Jordanian Dinar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best GBP/JOD rate at Thomas Exchange Global in London

1 GBP to JOD exchange rates at Thomas Exchange Global in London
1 British Pound = 0.887 Jordanian Dinar
Thomas Exchange Global
Thomas Exchange Global

Thomas Exchange Global was established in 1993 and has grown to become one of the leading providers of wholesale, retail, travel and commercial foreign exchange services to businesses and individual private clients in the UK. As a dedicated foreign exchange specialist, we have the professional expertise, in depth market knowledge, technological infrastructure and commitment to provide you with an unprecedented level of service that sets the standard in the foreign exchange industry. We are...

1 GBP to JOD exchange rates news

Jamaican dollar declines 10 cents vs greenback

The Jamaican dollar devalued by 10 cents against the United States dollar during Wednesday’s trading, according to the trading summary from the Bank of Jamaica (BOJ)

5 days indicative negative
Forex reserves hit high in December | Economics | FOCUS TAIWAN - CNA ENGLISH NEWS

Taipei, Jan. 4 (CNA) Taiwan's foreign exchange reserves hit another all-time high at the end of December because of an increase in returns on the portfolio managed by Taiwan's central bank, the bank said Friday.

11 days indicative neutral
Saudi Arabia, Kuwait, UAE deposit over $1bn in Jordan Central Bank

Saudi Arabia, Kuwait, UAE deposit over $1bn in Jordan Central Bank

about 11 hours conditional positive
Central Bank raises overnight interest rate

AMMAN — The Central Bank of Jordan (CBJ) on Thursday decided to increase the interest rates on its overnight dinar deposit by 25 basis points, effective on Tuesday, June 19, a CBJ statement said.The CBJ, in the statement carried by the Jordan News Agency, Petra, decided to maintain the interest rate of the soft financing programme presented by CBJ to a set of productive

11 days conditional neutral
Jordan cabinet approves $13bn budget for 2019

AMMAN: Jordan’s cabinet approved on Wednesday a 9.25 billion dinar ($13 billion) budget for 2019 as part of a reform of public finances to ease the country’s record debt burden and spur economic growth hit by conflict in the region, officials said. Finance Minister Izzedin Kanakrieh said the budget, which will be sent to parliament for approval, envisaged a deficit equal to 2

17 days conditional negative
How Muslims are Changing the Face of Renewable Energy
How Muslims are Changing the Face of Renewable Energy

Climate change disproportionately affects the Muslim world. Jordan has begun to remedy this grave issue.

about 1 month indicative neutral
Local banking sector ‘most secure’ at pan-Arab level

AMMAN — The volume of combined assets of the Jordanian banking sector reached $70.4 billion by the end of the second quarter of 2018, registering a 1.7 per cent growth compared to the end of 2017, Secretary General of the Union of Arab Banks Wissam Fattouh said on Saturday.Such figures make the Jordanian banking sector the most secure in the Arab region, Fattouh added in a

about 1 month indicative neutral

1 GBP to JOD currency converter