English

العربية

Currency Circulation Programme

Both currencies shall be simultaneously circulated throughout the substitution  period as explained below

 January 9, 2007 - March 9 , 2007

Opening of Pound substitution centers in for substitution of the African currencies, as well as the old Sudanese Pound, in the South

 January 9, 2007 - May 30 , 2007

Commencement of the circulation of new currency (the Pound) through State and banking institutions in Northern and Southern states

 June 1, 2007 - June 30 , 2007

Opening of Pound substitution centers in the whole Nation, in addition to banks

 June 30 , 2007

Closing of substitution centers and declaration of the illegality of using the Dinar in transactions

 July 1, 2007 - July 31 , 2007

Substitution only possible through the Central Bank Of Sudan, its branches and commercial banks

 August 1, 2007 - August 31 , 2007

Substitution only possible through the Central Bank Of Sudan and its branches

 September 1 , 2007

Stopping substitution of Dinar and considering it null and void

 

  Official announcement of Introduction of the new national currency (PDF)

How to identify the genuine note

Security Features for the new note One Sudanese Pound (PDF)

Security Features for the new note Five Sudanese Pound (PDF)

Security Features for the new note Ten Sudanese Pound (PDF)

Security Features for the new note Twenty Sudanese Pound (PDF)

Security Features for the new note Fifty Sudanese Pound (PDF)

Intro

Evolution of currency circulation

Banknotes and coins

Evolution of currency circulation in Sudan

The use of currency is considered one of the brilliant and splendid innovations of mankind in the vital dealings which serve his requirements and needs in practicing his day to day life. He developed and promoted its use to suit every era and time. In addition to its importance, it constitutes a reference which reflects the features of its time and period.

The Sudan, as other countries, knew the currency at an earlier period and it replaced the barter system which was in use even after the Egyptian Turkish rule in 1821 AD. Different bank notes in different denominations were issued during Gordon era and Al-Mahdi issued three types of coins through the Goldsmith. Al-Khalifa established the first Sudanese currency mint in Omdurman.

Item (9), Article (14) of the Comprehensive Peace Agreement (CPA) with regard to currency change stipulated that the Central Bank of Sudan shall adopt a program for issuing a new currency during the transitional period provided that the new currency shall reflect the following basic guidelines:

  • Peace vision

  • Unity in diversity

  • Evolution of Sudan civilization

  • Inspirations and hopes of the Sudanese people

  • Diverse natural resources

  • Industrial progress

The design shall avoid the following:

  • Human portrait

  • Religious symbols

  • References to cases of wars and conflicts

  • Ethnic symbols

The political and economic factors are to be considered the most important factors for currency change. The process of currency change is an economically and procedurally costly and countries do not resort to it, except under exceptional circumstances. From the economic angle, the currency is changed for economic and monetary reform motives. The Central Bank uses this instrument to generally assess the volume of currency in circulation in the economy and estimate the demand for money as well as for stimulating the economic activity and activating the payment system.

In addition to what is mentioned above, the following are among the reasons for currency change:

  • Removal of embarrassment and confusion of the ordinary citizen in his dealings between the Dinar as a currency and the pound as an inherited name and symbol

  • Issuance of a unified Sudanese currency to deal with the distortion in the circulation of currencies of neighboring countries of Southern Sudan in addition to the old Sudanese pound.