Sudanese pound

Encyclopedia : S : SU : SUD : Sudanese pound

The pound was the currency of Sudan between 1956 and 1992. It was subdivided into 100 qirush (singular qirsh), each of 10 milim. It replaced the Egyptian pound at par and was replaced by the dinar at a rate of 10 pounds = 1 dinar.

In Southern Sudan, the pound is still the currency prices are negotiated in, whilst in Rumbek and Yei the Kenyan shilling is used and accepted more within the transport sectors as well as for hotels/accommodation.

New pound

According to the Comprehensive Peace Agreement between the Government of the Republic of The Sudan and The Sudan People's Liberation Movement, the Central Bank of Sudan (CBOS) shall "adopt a program to issue a new currency as soon as is practical during the Interim Period. The design of the new currency shall reflect the cultural diversity of Sudan. Until a new currency has been issued with the approval of the Parties on the recommendations of the CBOS, the circulating currencies in Southern Sudan shall be recognised." According to announcements that followed regarding the implementation of the agreement, the new currency will be called the Sudanese Pound, and will be equivalent to 100 Sudanese dinars [link].

From Wikipedia, the Free Encyclopedia. Original article here. Support Wikipedia by contributing or donating.
All text is available under the terms of the GNU Free Documentation License See Wikipedia Copyrights for details.