Jordan - 1 Dinar 1949 - VF

Jordan - 1 Dinar 1949 - VF From 1927 to 1950, the Palestine Currency Board issued Palestinian pounds as the official currency in both Palestine and the Trans-Jordan Emirate. After Jordan became an independent kingdom on 25 May 1946, the idea of issuing a national currency arose and led to the passing of the Provisional Act No. 35 of 1949. Under this Act, the Jordan Currency Board was formed, which became the sole authority entitled to issue Jordanian currency in the kingdom. The London-based entity consisted of a president and four members. As of 1 July 1950, the Jordanian dinar became the kingdom’s official currency, and use of the Palestinian pound ceased in the kingdom on 30 September 1950. Although issued by the Jordan Currency Board, the notes bear the name of The Hashemite Kingdom of the Jordan. Observe: Arabic text; feature a portrait of King Abdullah I bin al-Hussein wearing a turban Reserve: English text; forum columns at Jerash archaeological site. No security thread. Watermark: King Abdullah. Printer: THOMAS DE LA RUE & COMPANY, LIMITED. 160 x 86 mm Pick: P2