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Sudanese dinar
From Wikipedia, the free encyclopedia
| Sudanese dinar دينار سوداني (Arabic) |
|
| ISO 4217 Code | SDD |
|---|---|
| User(s) | Sudan except Southern Sudan |
| Inflation | 9% |
| Source | The World Factbook, 2005 est. |
| Subunit | |
| 1/100 | dirham |
| Symbol | LSd or £Sd |
| Coins | 1, 2, 5, 10, 20 and 50 dinars |
| Banknotes | |
| Freq. used | 50, 100, 200, 500, 1000, 2000, 5000 dinars |
| Rarely used | 5, 10, 25 dinars |
| Central bank | Bank of Sudan |
| Website | www.bankofsudan.org |
| This infobox shows the latest status before this currency was rendered obsolete. | |
The dinar is a currency of Sudan. Its ISO 4217 code is "SDD". It is subdivided into 100 dirham. It is currently in the process of being replaced by the pound.
Contents |
The dinar replaced the first Sudanese pound on June 8, 1992 at a rate of 1 dinar = 10 pounds. On January 10, 2007, a second Sudanese pound was introduced at a rate of 1 pound = 100 dinars. According to the Bank of Sudan, the dinar will stop circulating after a six month transitional period. The pound and the dinar are to be accepted as legal currency side by side during the six month period but cheques are to be cashed in pounds from the commercial banks. The Bank of Sudan has started distributing the new currency to commercial banks and has sent consignments of banknotes to the south. [1]
Coins were issued in denominations of ¼, ½, 1, 2, 5, 10, 20 and 50 dinar. A source[2] indicates that bi-metallic 50 and 100 dinar coins were planned but that this plan was shelved because of the introduction of the second pound. See below for more detail.
Banknotes were issued in denominations of 5, 10, 25, 50, 100, 200, 500, 1000, 2000 and 5000 dinars. The lowest three denominations were withdrawn on 1 January 2000 in order to "stop the spread of disease".[citation needed] Old pound notes also circulated alongside dinar notes. [2]
Rate against US$ 1995 - 2004. (click here for historical rates)
- ^ http://www.smc.sd/en/artopic.asp?artID=23360&aCK=EA
- ^ a b Numismatic Dimensions (May 2005). Africa - Coins of Sudan. Retrieved on 2006-07-19.
| Currencies named dinar or similar | |
|---|---|
| Current | Algerian dinar · Bahraini dinar · Islamic gold dinar · Iraqi dinar · Jordanian dinar · Kuwaiti dinar · Libyan dinar · Macedonian denar · Tunisian dinar · Serbian dinar |
| Defunct | Abu Dhabi dinar · Bosnia and Herzegovina dinar · Croatian dinar · Krajina dinar · Republika Srpska dinar · South Arabian dinar · South Yemeni dinar · Sudanese dinar · Yugoslav dinar |
| As subunit | Iranian rial |
| See also | E-dinar |
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