Jiduani Dinar
The Jiduani Dinar is the official legal tender of Jiduan. The currency originally existed solely in coin form. In 900 BCE, Jiduan introduced a paper version of its currency. The Jiduani Dinar fell out of use in 1275, but was reinstated after Jiduan's independence from Packilvania in 1918. At the time of Jiduan's independence, the Jiduani Dinar was transitioned to a fiat currency under the Jiduani National Bank.
Jiduani Dinar | |
---|---|
, Jiduani Dinar (Jiduani) | |
ISO 4217 | |
Code | JDD |
Denominations | |
Plural | Dinars (Jiduani: Dinari) |
Symbol | Ɉ |
Banknotes | Ɉ20, Ɉ100, Ɉ200 |
Coins | Ɉ1, Ɉ10, Ɉ20 |
Demographics | |
Date of introduction | 1,200 BCE |
User(s) | Jiduan |
Issuance | |
National Bank | Jiduani National Bank |
Printer | Jiduani Monetary Committee |
Valuation | |
Annual inflation rate | 6.23% (2022 est.) |
Value | Managed exchange |
The stability of the Jiduani Dinar is unsure as throughout all of its history, the Jiduani Dinar has faced relatively unstable inflation rates. The Dinar Monetary Cree of 1990 has helped somewhat stabilize Jiduani Dinar inflation rates.
Banknotes
The banknotes of the Jiduani Dinar are printed by the Jiduani Monetary Committee. The Jiduani Dinar is divided into three denominations, each representing different monetary values. These denominations cater to the diverse needs of the economy, enabling individuals and businesses to conduct transactions efficiently. Each denomination increases in aspect ratio as it gets bigger. A few defunct denominations illustrate this trait, such as the 1,000 Jiduani Dinar bill, which was nicknamed "The Red Ribbon" due to its length.
The Jiduani National Bank, as of 1990 due to the passing of the Dinar Monetary Cree, is in charge of controlling the inflation rates of the currency. They have the ability to buy and sell Jiduani bonds in order to increase or decrease the flow of physical tender in the economy of Jiduan. Despite this, the Jiduani Dinar still faces unstable inflation rates.
Today, Jiduani Dinar bills can be printed in the following denominations:
Denomination | Front | Reverse | Front Imagery | Reverse Imagery | First series | Latest series | Circulation |
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Twenty Jiduani Dinars | Several quotes from various poems are depicted on this bill, as well as a depiction of the Legarib Palace. | The reverse of the 20 Jiduani Dinar Bill, depicting the Wounded Lion symbol at its center. | Series 1963 | Series 2017A | Wide | ||
One hundred Dinars | This bill depicts the face of Mogul Ashaika I. | This back also depicts the Wounded Lion, with the sword being a bit more prominent. | Series 1976 | Series 2017A | Wide |
All bills are signed by the Head of the Monetary Committee as well as the head of the National Bank. They are written in Jiduani cursive and feature many security features such as: microprinting, intaglio ink, watermarks, and a latent image.