why is jod pegged against the usd 
the primary reason jordan pegged its currency to the usd is for the same reason that any country would do so financial stability the usd is one of the most stable and widely circulated currencies as such its value does not fluctuate wildly by pegging its currency to the usd jordan stabilizes its currency and its financial system having a stable currency and financial system attracts more investment which grows a country s economy and the quality of life for its citizens 