– Announcement –
Village Today, Monday, November 21, 2022, the price of the dollar in Sudan continued the upward journey that began a few days ago, while the price of the euro and the pound sterling also witnessed a downward wave, according to a bulletin issued by the Bank of Khartoum.
The price of the dollar in Sudan today in the banks
The price of the dollar in Sudan recorded £578 buying and £582.33 selling today, Monday.
The price of the euro in Sudan today
On Monday, the price of the euro in Sudan’s banks also increased, reaching £593.89 for buying and £598.34 for selling.
The price of the British Pound in Sudan today
– Announcement –
The price of the British Pound was recorded today in Sudan at the Bank of Khartoum, £683.71 in the buy and £588.84 in the sale.
The price of Saudi riyal in Sudan today
The price of the Saudi riyal against the Sudanese pound today registered £152.50 for buys and £153.65 for sell.
UAE dirham price in Sudan today
Today, the price of the UAE dirham in Sudan at official banks recorded £157.49 for buying and £158.67 for selling.
The price of the Qatari riyal in Sudan today
– Announcement –
The price of the Qatari riyal was recorded today in Sudan at banks, approximately £158,009 for purchase and £159.19 for sale.
The price of Bahraini dinar in Sudan today
The price of the Bahraini dinar registered £1533.56 for the purchase and £1545.06 for the sale.
Sudanese economy… an unknown future
The Sudanese pound has experienced a record decline in the last 3 years, going through multiple instances of floating, in an attempt to curb the dollar, as the price of the Sudanese pound against the US currency until the end of 2019 was around 80 pounds per dollar.
Since then the Sudanese pound has continued to depreciate despite going through a period of relative stability, following the official removal of Sudan from the US list of state sponsors of terrorism – the pound has stabilized at 440 against the dollar – plus some economic gains that the overthrown government of “Abdullah Hamdok” has succeeded in, attracting a number of foreign investment projects, as well as the promise to free Sudan from debts, which it has managed to root out from a large group of international creditors, this before the group reneged on its promises due to Al-Burhan’s coup.
The pound loses its purchase value
In recent years, gradually, many denominations of the Sudanese pound have begun to disappear from the markets and from citizens’ transactions, starting from the (1) pound paper category, passing through the (2) pound category, the (10) pound category , and also the pound category (50) became rarely used in the Sudanese markets, so that the large denominations of the currency of the Sudanese pound (100, 200 and 500) became the most used, before the 1000 pound denomination was added to it , recently issued by the Central Bank, in light of the deterioration in the value of the currency and the increase in inflation rates.
In recent days, the price of the dollar has fluctuated sharply, in light of the markets anticipation of any new economic decisions that could positively or negatively affect the holders of the green currency.
