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Encyclopedia > Sudanese dinar

Contents


The Dinar

The dinar is the currency of Sudan. Its ISO 4217 code is "SDD". No subdivisions of the dinar have been issued. A 25,000 Iraqi dinar note printed after the fall of Saddam Hussein. ... ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO). ...


The dinar replaced the Sudanese pound on June 8, 1992 at a rate of 10 pounds = 1 dinar. Sudanese pound is an old currency not used anymore. ... June 8 is the 159th day of the year in the Gregorian Calendar (160th in leap years), with 206 days remaining. ... 1992 (MCMXCII) was a leap year starting on Wednesday. ...


Coins and Banknotes

Coins in circulation [1] A coin is usually a piece of hard material, generally metal and usually in the shape of a disc, which is issued by a government to be used as a form of money. ...

  • 5, 10, 20, 50 Dinars
  • 100 Dinars (not yet circulating?)

Banknotes in circulation A £20 Ulster Bank banknote. ...

  • 50, 100, 200, 500, 1000, 2000, 5000 Dinars

The 5, 10 bills are being removed and replaced by coins. There were formerly bills of 5, 10, 50, and 100 pounds circulating alongside the dinar-denominated notes.


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. 2006 (MMVI) is a common year starting on Sunday of the Gregorian calendar. ...


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)]


External links

Currencies of Africa edit this box
North Algerian dinar | Egyptian pound | Libyan dinar | Mauritanian ouguiya | Moroccan dirham | Sudanese dinar | Tunisian dinar
Central Angolan kwanza | Burundian franc | Central African CFA franc (Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, and Gabon) | Congolese franc | Rwandan franc
West Cape Verdean escudo | Gambian dalasi | Ghanaian cedi | Guinean franc | Liberian dollar | Nigerian naira | São Tomé and Príncipe dobra | Sierra Leonean leone | West African CFA franc (Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo)
East Comorian franc | Djiboutian franc | Eritrean nakfa | Ethiopian birr | Kenyan shilling | Seychelles rupee | Somali shilling | Somaliland shilling | Tanzanian shilling | Ugandan shilling
South Botswana pula | Euro (Réunion) | Lesotho loti | Malawian kwacha | Malagasy ariary | Mauritian rupee | Mozambican metical | Namibian dollar | Saint Helena pound | South African rand | Swazi lilangeni | Zambian kwacha | Zimbabwean dollar

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Sudanese dinar - definition of Sudanese dinar in Encyclopedia (50 words)
Sudanese dinar - definition of Sudanese dinar in Encyclopedia
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