Sudanese dinar
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The Dinar
The dinar is the currency of Sudan. Its ISO 4217 code is "SDD". The dinar replaced the Sudanese pound on June 8, 1992 at a rate of 10 pounds = 1 dinar.
Coins and Banknotes
- 5, 10, 20, 50, and a proposed 100 dinars
- 50, 100, 200, 500, 1000, 2000, 5000 dinars
Bank of New Sudan banknotes
In 2005 new banknotes supposedly issued by the Bank of New Sudan were seen circulating in the southern parts of the country. There is no such bank.
Numbers of the banknotes had duplicate serial numbers. Are they bogus? Here is a photo of some of the (200 pound) notes: http://www.npr.org/news/images/2005/may/31/sudan_money400.jpg
New Currency in 2006
The Sudanese government is planning to replace the dinar with a new currency (the Sudanese pound) in 2006.
Oct 2, 2005 (KHARTOUM) — The Sudanese government will introduce a new currency during the first half of 2006, Finance Minister al-Zubeir Ahmed al-Hassan said on Sunday, urging donors to help fund the $100 million cost of implementation.
He also said he expected oil exports to earn about $7.8 billion in 2006, compared to $3.7 billion this year, as another pipeline comes on stream, increasing production by 200,000 barrels per day (bpd) to about half a million.
"The cost of introducing the (new) Sudanese pound will be about $100 million dollars," Hassan told reporters in Khartoum. "According to the peace agreement, the donor countries have promised to provide the necessary funding for the introduction of the new Sudanese pound."
He added that the timetable for the new currency depended on the donor money.
Sudan formed a new coalition government last month following a January peace deal to end the civil war in its south, which was Africa’s longest and claimed 2 million lives. The deal also envisages wealth sharing, democratic transformation and a referendum on southern secession in 6 years.
The minister said the value of the Sudanese pound would be determined by market mechanisms. The pound will replace the Sudanese dinar, which currently trades at around 220 to the U.S. dollar.
Historical Exchange Rates
Rate against US$ 1995 - 2004. [(click here for historical rates)]
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