Jordan’s liberal foreign exchange law entitles foreign investors to remit abroad, in a fully convertible foreign currency, foreign capital invested, including all returns, profits, and proceeds arising from the liquidation of investment projects. Non-Jordanian administrative and technical employees are permitted to transfer their salaries and compensation abroad. The Jordanian Dinar (JD) is fully convertible for all commercial and capital transactions. The JD has been pegged to the U.S. dollar at an exchange rate of approximately 1 JD to USD $1.41 since 1995, and the Central Bank of Jordan (CBJ) is expected to continue this policy. Licensed money-exchangers are supervised by the (CBJ), the banking system’s regulatory authority, but are free to set their own exchange rates depending on market conditions.
For up-to-date Exchange rates list, please click here.