The exchange rate of the US dollar against the Sudanese pound in Sudanese banks remained stable on Monday, September 28, 2026. According to the Central Bank of Sudan, the buying price was 4200 Sudanese pounds, and the selling price was 3700 Sudanese pounds. This stability comes amid ongoing efforts by the Central Bank to regulate the monetary market and reduce the gap between the official and parallel exchange rates.
The Sudanese pound, the official currency of the Republic of Sudan, has undergone several historical transformations since its adoption, particularly with the country's economic and political changes. These changes, including periods of high inflation and currency restructuring, have affected its value against foreign currencies, primarily the US dollar. The Central Bank of Sudan is responsible for issuing the currency, which is used in all domestic transactions.
The Sudanese pound is available in various paper and coin denominations. The paper denominations include 1, 2, 5, 10, 20, 50, 100, 200, and 500 pounds, while the coin denominations include 1 pound, 50 piasters, and 25 piasters. The diversity in denominations aims to facilitate transactions and accommodate different economic activities within the country.
Despite the Central Bank's efforts to stabilize the currency, the Sudanese pound faces challenges in both local and international markets due to various economic factors. These factors include high inflation rates, exchange rate fluctuations, and a shortage of foreign currency. The ongoing efforts of the Central Bank to implement monetary policies aimed at achieving relative stability for the currency are crucial in addressing these challenges.
Several factors influence the movement of the Sudanese pound against the US dollar. These factors include local inflation rates and their impact on purchasing power, the volume of foreign exchange reserves held by the Central Bank of Sudan, export and import flows, and the country's political and economic stability. Additionally, the activity of the parallel market (black market) significantly affects the official price.
Economic experts advise investors and traders to monitor the decisions of the Central Bank of Sudan regularly, follow global economic developments and US dollar prices, and be cautious of parallel market fluctuations and their impact on official prices. They also recommend diversifying investments to reduce risks associated with currency fluctuations. Such strategies can help mitigate potential losses and enhance financial stability.
Looking ahead, economic experts expect the Sudanese pound to experience limited movements in the coming period, with potential continued pressures if economic challenges persist. However, a gradual improvement in performance is possible if economic reforms are successful and foreign exchange inflows increase. The ability of the Central Bank to manage these factors effectively will be crucial in determining the future trajectory of the Sudanese pound.
Key points
- The exchange rate of the US dollar against the Sudanese pound in the Central Bank of Sudan was 4200 pounds for buying and 3700 pounds for selling on Monday, September 28, 2026.
