Saturday, September 18, 2021

Money & Shopping in Sudan

AfricaSudanMoney & Shopping in Sudan

Money

The Sudanese pound (Arabic: jeneh, SDG – the ‘G’ actually stands for “guinea”), which replaced the Sudanese dinar (Arabic: dinar, SDD), was adopted by the government in January 2007. The new pound is equivalent to 100 dinars. There are 100 piastres in the new pound (coins).

When it comes to price quotation, though, things aren’t that easy. Despite the fact that new pounds (which are seldom used for quoting) and dinars (which are more frequently used, particularly when quoting in English) are no longer in circulation, most people still refer to the old pound. A dinar is equal to ten old pounds. As a result, when someone asks for 10,000 pounds, they really mean 1,000 dinars. And, to add to the confusion, when quoting in pounds, individuals typically leave off the thousands. So, your taxi driver may ask for ten pounds, which is really 10,000 old pounds, which is equal to 1,000 dinars, which should be referred to as just ten pounds once again! You may say “new pound” or ” jeneh al-jedid” to clear up any misunderstandings.

In a nutshell, 1 new pound equals 100 dinars, which equals 1000 old pounds (long out of use)

USD1 = SDG4.4 in August 2013 (most banks/changers/hotels, etc. exchange at USD1 = SDG4.0).

Only bring foreign CASH into Sudan, ideally US dollars (which are often accepted at hotels). Bank of England pounds and, to a lesser degree, euros are also easily exchanged at banks in major towns. Due to the US embargo, travelers’ cheques, credit cards, and foreign bank automated teller machine cards are not accepted in Sudan.

Although there are many banks in Khartoum and throughout Sudan, not all of them provide foreign exchange services. Money changers abound in Khartoum, particularly at the Afra Mall. In Khartoum, there are many Western Union agents that would pay out money sent from outside. Despite the fact that the currency is not completely convertible, the Central Bank regulates the exchange rate in accordance with market forces, thus there is no parallel FX illegal market. Because the Sudanese dinar and pound are closed currencies, you must exchange them before leaving the country.

Credit cards

Credit cards are not accepted in Sudan due to the US embargo. The Khartoum Hilton is the lone exception, since it accepts Diners Club. All transactions must be made in cash, which makes it risky since you will be carrying huge amounts of money. Using the internet while in Sudan may be problematic, since certain businesses (particularly American ones) will detect your Sudanese IP address and refuse to do business with you. If you try to use an American Express card for any kind of online transaction while in Sudan, your card will very certainly be revoked.