Circular to Licensed Exchange Companies

Reference: 4/14/4/9
Date: 5/1/1445 AH
Corresponding to: 8/1/2024 AD

Circular to Licensed Exchange Companies

Greetings,

Based on the provisions of Article (22/b) of the Exchange Business Law No. (44) of 2015, we wish to remind you of the necessity to provide us with your company's final financial statements for the year 2023 in a formal manner that adheres to International Financial Reporting Standards, by no later than the end of March 2024. These statements must include all relevant clarifications and align with the requirements of Article (6) of the Instructions for Documenting Exchange Operations, Retaining Them, Maintaining Records and Accounts, and Preparing Financial Statements No. (2023/226), issued by resolution of the Board of Directors of the Central Bank of Jordan No. (2023/226) dated 2023/9/28, pursuant to Article (21) of the Exchange Business Law, which is effective and circulated on 2023/10/8.

We emphasize the importance of strict compliance with the above; otherwise, your company will be subject to the penalties stipulated in Article (26) of the Exchange Business Law No. (44) of 2015.

Yours faithfully,

Central Bank of Jordan

Attachments:

1. A statement of foreign currency exchange rates for the purpose of valuing your foreign currency assets and liabilities. For other currencies, they are to be valued at the average rate as of the end of the last working day of December 2023, taking into account the valuation of foreign currency assets and liabilities that show significant fluctuations according to International Accounting Standards.
2. A statement of the average price per ounce of gold, silver, and platinum as of the end of the last working day of December 2023, for the purpose of valuation in Jordanian Dinars.
3. A form listing the names of the top (5) markets (countries) with which the company deals in the field of issuing remittances, the volume of such transactions, the revenues derived from them, and the average commission rate collected during 2023.
4. A form listing the names of the top (5) markets (countries) with which the company deals in the field of receiving remittances, the volume of such transactions, the revenues derived from them, and the average commission rate collected during 2023.

P.O. Box 37 • Amman 11118 Jordan • Phone 4630301 Fax 4638889 • Website: www.cbj.gov.jo • Email: info@cbj.gov.jo

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Central Bank of Jordan

Foreign Currency Exchange Rates for Valuation Purposes

Reference: 22024/215/8/5
Date: 17 Jumada al-Thani 1445 AH
Corresponding to: 31 December 2023 AD
Time: 08:12

We present below the foreign currency exchange rates for valuation purposes for Sunday, 2023-12-31, in fils:

Currency	Average Rate
US Dollar	709.000
Euro	782.665
British Pound	902.625
Swiss Franc	842.615
Japanese Yen / per 100	502.695
Swedish Krona	70.385
Lebanese Lira / per 1,000	47.170
Saudi Riyal	189.050
Bahraini Dinar	1880.640
Kuwaiti Dinar	2307.570
Canadian Dollar	535.380
Pakistani Rupee / per 10	25.220
Indian Rupee / per 10	85.205
Australian Dollar	482.950
New Zealand Dollar	448.020
Norwegian Krone	69.705
Chinese Yuan / per 10	998.615
Danish Krone	104.965
UAE Dirham	193.040

Central Bank of Jordan

P.O. Box 37 Amman - Jordan | Phone 4630301 / 9 Fax 4638889 | Postal Code: 11118 | Computer Reference: CUR EVALUATION DB R

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Central Bank of Jordan

We present below the average price per ounce of gold, silver, and platinum, weighing (31.1035) grams with a purity of (995) thousandths or more, as of the end of the last working day of December 2023, for the purpose of valuation in Jordanian Dinars:

Metal	Average Rate
Ounce of Gold	1462.655
Ounce of Silver	16.870
Ounce of Platinum	703.257

P.O. Box 37 Amman 11118 - Jordan Phone 4630301 / 9 * Fax 4638889 4639730 Website www.cbj.gov.jo Email info@cbj.gov.jo

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Central Bank of Jordan

Company Name: ...........................................

Statement of the names of the top (5) markets (countries) with which the company dealt in the field of issuing remittances during 2023, the volume of such transactions, the revenues derived from them, and the average commission rate collected:

In Jordanian Dinars

Market / Country	Total Volume of Transactions in Issuing Remittances	Revenues Derived	Average Commission Rate Collected (Market)
Total

Name of Accountant and Signature: ...........................
Name of Authorized Signatory for Financial Matters and Signature: ...........................

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Central Bank of Jordan

Company Name: ...........................................

Statement of the names of the top (5) markets (countries) with which the company dealt in the field of receiving remittances during 2023, the volume of such transactions, the revenues derived from them, and the average commission rate collected:

In Jordanian Dinars

Market / Country	Total Volume of Transactions in Receiving Remittances	Revenues Derived	Average Commission Rate Collected (Market)
Total

Name of Accountant and Signature: ...........................
Name of Authorized Signatory for Financial Matters and Signature: ...........................