Sudanese pound

The Sudanese pound (Arabic: جنيه سوداني "Jineh Sudani"; abbreviation: LS[2] in Latin, ج.س in Arabic, historically also £Sd;[3] ISO code: SDG) is the currency of the Republic of the Sudan.

The pound fell for the first time since 1997 after the United States imposed economic sanctions on Sudan.

The Sudanese pound continued its decline to an unprecedented number, falling to LS 53 against the dollar.

This situation, which drained all economic measures, led to heavy losses in the external repercussions of the Sudan as a whole, in the light of the government cut, interrupted by some of the failed actions announced by the Central Bank of Sudan, a severe shortage of liquidity.

The Sudanese pound fell against the US dollar after the Central Bank of Sudan announced the lifting of the cash reserve to counter inflation.

When Anglo-Egyptian rule in Sudan ceased on January 1, 1956, and Sudan became an independent country, a distinct Sudanese currency (the Sudanese pound) was created, replacing the Egyptian pound at par.

The piastre used to be subdivided into 40 para, but decimalisation following the 1886 Egyptian currency reform established a 1⁄10 PT, which came to be known as a millim (abbreviated to mm/mms in Sudan) (ملّيمات, singular: ملّيم).

Due to this legacy, the post 1956 Sudanese pound was divided into 100 PT, each subdivided into 10mms.

[9][10][11] In July 2024, the Sudanese pound depreciated to LS 2100 per US dollar in the parallel market.

These were issued under the authority of Ali Dinar and resembled contemporary Egyptian coins.

This new currency was mandated by the 2005 Comprehensive Peace Agreement signed between the Sudanese government and the Sudan People's Liberation Movement to end the country's 21- year civil war.

Deputy Governor Badr-Eddin Mahmoud said the cost to print the new currency was US$156 million.

[21] A new LS 200 Sudanese pounds banknote was unveiled on 5 February 2019 by the Central Bank of Sudan.

25-piastre note (1987)
Sudanese coins (2011)