Sudanese Dinar (SDD)

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    Currencies, Education
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Hakan Kwai
Instructor

The Sudanese Dinar (SDD) was the official currency of Sudan and was used from 1992 until 2007. Sudan is one of the largest countries in Africa, and during this period, the Sudanese Dinar served as a means of economic transactions in the country.

 

The Sudanese Dinar was divided into 100 piasters. However, in Sudan, piasters are generally not used, and the Dinar is typically transacted as a whole unit. The Sudanese Dinar, as the currency of Sudan, was printed and distributed by the Central Bank of Sudan.

 

The Sudanese Dinar had a fluctuating exchange rate depending on the period. In 1992, the Sudanese Dinar was pegged to the Sudanese Pound (SDP), with 1 Dinar being equal to 10 Pounds. However, due to fluctuations in the Sudanese economy and inflation, the value of the Sudanese Dinar gradually declined, and in 2007, it was re-pegged to the Sudanese Pound.

 

In 2007, the Sudanese Pound (SDG) became the official currency of Sudan, and the Sudanese Dinar was discontinued and phased out of circulation. Therefore, the Sudanese Dinar is not currently a valid currency in Sudan.

 

The Sudanese Dinar holds historical significance as a currency specific to Sudan’s economic past and period. However, in present times, the Sudanese Pound is used as the official currency of Sudan.

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