The rate of the Sudanese pound to the dollar and the exchange rate on the black market today

Sudanese pound todayThe following exchange rates in Sudan continue at Arab4News, where we examine the selling and buying prices of the Sudanese currency against the US dollar, the euro, the Saudi riyal and some of the foreign exchange prices. foreigners and Arabs, as well as the Sudanese black market.

The price of the Sudanese pound has been declining for some months when the Sudanese government and the Central Bank decided to liberalize the price of the pound against the dollar and various international currencies.

Exchange rate against the Sudanese pound today on the black market

The Sudanese government has failed to achieve its objective of liberalizing the pound sterling exchange rate, nor to reduce the gap between the prices of the Central Bank of Sudan and the black market, where the currency Sudanese is currently experiencing a big difference between the official bank rate and the parallel market price, and the dollar price against the Sudanese pound. The different currencies on the black market today are as follows

Read also: The price of gold in Sudan today against the pound sterling and the dollar

Exchange rate of the central bank in Sudan

The Central Bank of Sudan announced a reduction in the indicative dollar rate in the bank's transactions to 45 pounds against 47.5 Sudanese pounds, as well as exchange rates against the Sudanese currency, whose exchange rates are as follows :

Full liberalization of Sudanese pound exchange rates

After the Sudanese government made the decision to liberalize the exchange rate about nine months ago, but in part, a new decision was made by the government in early November 2018, in which the Sudanese pound is fully liberalized compared to all international currencies after the intervention of the Central Bank of Sudan. Partially in the exchange rate by the development of a general index of the prices of buying and selling currencies within Sudanese banks.

Airlines abandon the Sudanese pound to the dollar

Some of the airlines operating in the Republic of Sudan have announced the change of currency in which they will buy their plane tickets. They will be invoiced in US dollars instead of the Sudanese pound, which will bring a direct economic blow to the price of the Sudanese pound on the markets in relation to foreign currencies. After giving up the support of the Sudanese currency in light of the current economic conditions of the state.

Assigned the price of the Sudanese pound after the removal of the president

Revolutions or political upheavals generally have a negative impact on the prices of national currencies. In contrast, the Sudanese pound rose on the black market recently after the removal of former president al-Bashir, after the sale of the dollar on the parallel market to more than 74 Sudanese pounds. For every dollar, the exchange rate has collapsed and the US dollar in Sudan is currently trading at an average of fifty pounds, which means that the dollar has fallen more than 33% from its value before that Bashir is not isolated.

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