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On 1 July 1950, the Jordanian dinar became the kingdom's official currency and legal tender. The use of the Palestine pound ceased in the country on 30 September 1950. The Central Bank of Jordan was established in 1959 and took over note production in 1964. In 1967, Jordan lost control of the West Bank, but the Jordanian dinar continued to be ...
The Jordanian administration of the West Bank officially began on 24 April 1950, and ended with the decision to sever ties on 31 July 1988. The period started during the 1948 Arab–Israeli War, when Jordan occupied and subsequently annexed the portion of Mandatory Palestine that became known as the West Bank, including East Jerusalem.
The Law of the CBJ was enacted in 1959. Thereafter, its operational procedures were commenced on the first day of October 1964. The CBJ succeeded the Jordan Currency Board which had been established in 1950. The capital of the CBJ, which is totally owned by the government, was increased gradually, from one million to 18 billion Jordanian Dinars.
Jordan adopted the Jordanian dinar in 1949. In the West Bank, the Palestine pound continued to circulate until 1950, when the West Bank was annexed by Jordan, and the Jordanian dinar became legal tender there. The Jordanian dinar is still legal tender in the West Bank along with the Israeli shekel.
The Jordanian dinar did not devalue in parallel, hence breaking the sterling parity. In the West Bank, the Palestine pound continued to circulate until 1950, when the West Bank was annexed by Jordan, and the Jordanian dinar became legal tender there.
The Central Bank of Jordan commenced operations in 1964 and is the sole issuer of Jordanian currency, the Jordanian dinar, ... of GNP in the early 1950s; on the eve ...
Meanwhile, in Indochina, the piastre continued into the 1950s and was subsequently renamed the riel, the kip, ... 1 ⁄ 100 of the Jordanian dinar; 1 ...
Jordan: Jordanian dinar: Central Bank of Jordan: البنك المركزي الاردني ... (1926–1939 and 1945–1950) and State Bank of Czechoslovakia (1950–1992)