The official currency in Jordan is the Jordanian dinar and divides into 100 qirsh (also called piastres) or 1000 fils. Since 23 October 1995, the dinar has been officially pegged to the IMF's special drawing rights (SDRs). In practice, it is fixed at 1 US$ = 0.709 dinar, which translates to approximately 1 dinar = 1.41044 dollars. The Central Bank buys US dollars at 0.708 dinar, and sell US dollars at 0.7125 dinar, Exchangers buys US dollars at 0.708 and sell US dollars at 0.709.