Exchange Rate in Jordan

Jordan Exchange Rate | Economic News & Forecasts

Jordan - Exchange Rate

The economy will have slumped in H1 due to the pandemic and associated containment measures. The unemployment rate jumped to 19.3% in Q1, an over one-decade high, and will have risen even higher in Q2, weighing on private consumption. Furthermore, the government likely curbed its spending in H1 to help bring its worsening finances under control. More positively for H2, however, Jordan has benefited from multilateral support in recent weeks, including USD 396 million from the IMF on 20 May and USD 374 million from the World Bank on 25 June, which in turn appears to be helping the government in the debt markets; Amman successfully issued USD 1.8 billion in Eurobonds on 30 June. This, coupled with easing containment measures in recent weeks, suggests the government will not slash spending dramatically in H2 and the economy will begin to slowly recover if the coronavirus remains contained.

Jordan - Exchange Rate Data

2015   2016   2017   2018   2019  
Exchange Rate (vs USD)0.71  0.71  0.71  0.71  0.71  

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Jordan Exchange Rate Chart

Jordan Exchange Rate
Note: Jordanian dinar (JOD) per U.S. dollar
Source: Central Bank of Jordan.

Jordan Facts

Value Change Date
Exchange Rate0.710.0 %Nov 30

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