Sudanese Dinar (SDD)
Tue, Apr 15The Sudanese Dinar (SDD) served as the official currency of Sudan, located in Northeast Africa, from 1992 until 2007. The Central Bank of Sudan oversaw the management of the Sudanese Dinar, which included issuing and regulating the country's money supply. The currency code for the Sudanese Dinar was SDD, and it was commonly represented by the symbol “LSd.”
The Sudanese Dinar replaced the Sudanese Pound (SDP) at a conversion rate of 1 Dinar for 10 Pounds in 1992. It remained in use until 2007, when Sudan opted to reintroduce the Sudanese Pound (SDG) in accordance with the provisions of the Comprehensive Peace Agreement (CPA) that concluded the civil war between the northern and southern regions of Sudan. The new Sudanese Pound took the place of the Sudanese Dinar at a rate of 1 Pound for 100 Dinars.
The Sudanese Dinar was divided into 100 smaller units known as piastres or qirsh. Coins were issued in denominations of 1, 2, 5, 10, 20, and 50 piastres, as well as 1 Dinar. Banknotes were available in denominations of 2, 5, 10, 20, 50, 100, 200, 500, and 1,000 Dinars. The designs featured on the coins and banknotes of the Sudanese Dinar often showcased the country’s cultural symbols, historical figures, and landmarks, reflecting Sudan’s rich heritage and history.
During the time the Sudanese Dinar was in circulation, its exchange rate varied due to several factors, including the nation’s economic performance, inflation, and the supply and demand for the currency in international markets. Since the Dinar has been replaced by the Sudanese Pound (SDG), the exchange rates for the Dinar are no longer relevant.
Sudan’s economy is largely dependent on agriculture and oil production. However, it has faced significant challenges due to conflict, political instability, and international sanctions, which have impeded its growth and development.
The Sudanese Dinar was the official currency of Sudan from 1992 to 2007, managed by the Central Bank of Sudan. It replaced the Sudanese Pound in 1992 and was later replaced by the Sudanese Pound again in 2007. The currency was subdivided into 100 piastres, with coins and banknotes issued in various denominations. Sudan’s economy primarily relies on agriculture and oil production, but it has encountered difficulties due to conflict, political instability, and international sanctions.
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