All About the Sudanese Dinar: What You Need to Know

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Banknotes on White Surface
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The Sudanese dinar is the official currency of Sudan, and it's essential to understand its value and usage. The dinar is subdivided into 100 qirush, but due to inflation, the qirush is no longer in circulation.

The Sudanese dinar has undergone several changes since its introduction in 1992, with the current version being introduced in 2007. The dinar is available in various denominations, including 1, 2, 5, 10, 20, and 50 dinars.

You can exchange your money for Sudanese dinars at banks, currency exchange offices, or even some hotels. However, it's always a good idea to have some local currency with you when you arrive in Sudan.

What Is the Sudanese Dinar?

The Sudanese dinar is the official currency of Sudan. It's used by over 40 million people.

The dinar is subdivided into 100 qirush, although qirush are no longer in circulation. This is a fact that's often overlooked.

The Sudanese dinar was introduced in 1992, replacing the Sudanese pound. It's been a reliable currency ever since.

You can exchange your money for the Sudanese dinar at currency exchange offices or banks. This is a good option if you're traveling to Sudan.

A fresh viewpoint: 1 Usd to Sudanese Pound

Denominations and Exchange

Credit: youtube.com, All Sudanese Dinar Banknotes - 1992 to 2002 in HD

The Sudanese Dinar had a fluctuating exchange rate based on the nation's economic performance, inflation, and supply and demand in international markets.

The Dinar was eventually replaced by the Sudanese Pound (SDG), making the old exchange rates obsolete.

Banknotes were issued in various denominations, including SD 5, SD 10, SD 25, SD 50, SD 100, SD 200, SD 500, SD 1,000, SD 2,000, and SD 5,000.

The lowest three denominations, SD 5, SD 10, and SD 25, were withdrawn on January 1, 2000, due to concerns about disease transmission through well-used notes.

Old pound notes circulated alongside dinar notes, adding to the complexity of currency exchange during that time.

Exchange Rates and Economy

The Sudanese Dinar was once a widely used currency, but its exchange rates are no longer applicable since it's been replaced by the Sudanese Pound.

The exchange rate for the Dinar would fluctuate based on the nation's economic performance.

Inflation was another factor that could affect the exchange rate of the Dinar.

The supply and demand for the Dinar in international markets also played a role in determining its exchange rate.

The replacement of the Dinar with the Sudanese Pound (SDG) has made the Dinar's exchange rates obsolete.

Intriguing read: 50 Sudanese Pound to Usd

Understanding the Dinar

Credit: youtube.com, Sudan's valuable Dinar coin series

The Sudanese dinar was a currency that was in use in the nation of Sudan from June 1992 to January 2007. It was replaced by the new Sudanese Pound at a rate of 1 Pound to 100 Dinars.

The Sudanese dinar was first introduced in 1992, replacing the Sudanese Pound at a rate of 1 Dinar to 10 Pounds. This change marked the beginning of the dinar's 15-year run as the official currency of Sudan.

The dinar was divided into 100 dirham, and it was presented with the symbol of LSd or £Sd. When abbreviated on the forex market, the Sudanese dinar was represented by the acronym SDD.

The Bank of Sudan minted Sudanese dinar coins in denominations of 1, 2, 5, 10, 20, and 50 dinar. The government only changed the coinages once, with the issue in 2001 being smaller than the issue that took place in the 1990s.

The Sudanese dinar appeared in banknotes with denominations of 5, 10, 25, 50, 100, 200, 500, 1,000, 2,000 and 5,000 dinar.

Here are the key denominations of the Sudanese dinar:

  • Coins: 1, 2, 5, 10, 20, 50 dinar
  • Banknotes: 5, 10, 25, 50, 100, 200, 500, 1,000, 2,000, 5,000 dinar

Sheldon Kuphal

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Sheldon Kuphal is a seasoned writer with a keen insight into the world of high net worth individuals and their financial endeavors. With a strong background in researching and analyzing complex financial topics, Sheldon has established himself as a trusted voice in the industry. His areas of expertise include Family Offices, Investment Management, and Private Wealth Management, where he has written extensively on the latest trends, strategies, and best practices.

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