Jordan's currency is the Jordanian Dinar (abbreviated JOD or JD). 100 qirsh (or piastres) constitute a dinar. The denominations for bills are 50, 20, 10, 5, and 1 dinar. Denominations for coins are 1/2 qirsh, 1 qirsh, 2 1/2 piastres, 5 piastres, 10 piastres, 1/4 dinar, 1/2 dinar, and 1 dinar.
The JOD is officially a fixed currency, although rates do fluctuate slightly from time to time, with 1 JOD being roughly equivalent to 1.4 USD, and 1 USD roughly equivalent to 0.7 JOD.
Please visit http://www.oanda.com/currency/converter for up-to-date exchange rates.
While traveling, it may be helpful to carry a portable currency converter (found at travel stores). Sometimes in the form of a keychain, this is a handy gadget (like a calculator) into which you enter the exchange rate (depending on the exchange rate at the time and the country in which you are located), and then simply enter prices and the device converts the amounts into dollars.
Cost of Living
Despite the Jordanian Dinar's favorable exchange rate over the U.S. Dollar, the cost of living in Amman slightly lower than the cost of living in the United States.
When budgeting, keep in mind that it is always better to overestimate than to underestimate. To give you an idea of common approximate expenses and commodities a typical student will to incur, please see the brief list below.
Banks & Credit Cards
Banks are closed on Fridays, but foreign currency and traveler's checks can be changed any other day of the week. Visa, MasterCard, American Express, and Diners Club are accepted at hotels, restaurants and larger shops, although surcharges may apply. Contact your credit card company to determine the fees they charge. At smaller shops, cash is preferred and in the souqs (bazaars) cash is the only accepted form of payment. ATMs are available almost everywhere.
Additional Estimated Expenses
The ISA program cost includes items such as tuition and fees, housing, insurance, and more. To view what is included in your program price, please visit the "What's Included" section of the ISA Amman program page. The "Additional Estimated Expenses" sheet in the "Accepted Students" section of the ISA website has the following estimated expenses listed:
It is recommended that students to look into purchasing an ISIC card for their studies in Amman. The ISIC card is an internationally recognized student ID card that gives students thousands of discounts worldwide from travel to cinema, meals and more. While you will likely have a student ID from your host university abroad, it may not grant you discounts that an ISIC card could. You will likely be able to purchase an ISIC card abroad, but it is most convenient to purchase this card BEFORE you arrive, as it may grant you travel discounts, and you won't have to deal with the hassle of international delivery. To find out how to get an ISIC card, visit www.isic.org. Once there, you can find information on discounts in Amman, and what is needed to obtain an ISIC card.