Not to be confused with the Syrian pound, which also uses the abbreviation "LS".
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Sudanese pound
جنيه سوداني(Arabic)
Current coins
ISO 4217
Code
SDG (numeric: 938)
Subunit
0.01
Symbol
None official. The abbreviations LS or ج.س are used
Denominations
Subunit
1⁄100
piastre (qirsh)
Symbol
piastre (qirsh)
PT
Banknotes
LS 2, LS 5, LS 10, LS 20, LS 50, LS 100, LS 200, LS 500, LS 1,000
Coins
1 PT, 5 PT, 10 PT, 20 PT, 50 PT, LS 1 [1]
Demographics
User(s)
Sudan
Issuance
Central bank
Central Bank of Sudan
Website
www.cbos.gov.sd
Valuation
Inflation
16.9%
Source
https://www.xe.com/currency/sdg-sudanese-pound, 2016 est.
The Sudanese pound (Arabic: جنيه سوداني"Jineh Sudani"; abbreviation: LS[2] in Latin, ج.س in Arabic, historically also £Sd;[3] ISO code: SDG) is the currency of the Republic of the Sudan. The pound is divided into 100 piastres (or qirsh (قرش) in Arabic). It is issued by the Central Bank of Sudan.
The pound fell for the first time since 1997 after the United States imposed economic sanctions on Sudan. The Sudanese pound continued its decline to an unprecedented number, falling to LS 53 against the dollar. This situation, which drained all economic measures, led to heavy losses in the external repercussions of the Sudan as a whole, in the light of the government cut, interrupted by some of the failed actions announced by the Central Bank of Sudan, a severe shortage of liquidity.
The Sudanese pound fell against the US dollar after the Central Bank of Sudan announced the lifting of the cash reserve to counter inflation. Since the secession of South Sudan in 2011, Sudan has suffered from a scarcity of foreign exchange for the loss of three-quarters of its oil resources and 80% of foreign exchange resources. The Sudanese government quoted the official price of the dollar from LS 6.09 to LS 18.07 in the budget of 2018 and LS 375.11 in March 2021.
^"1 Pound, Sudan".
^"Central Bank of Sudan - 50 Sudanese pounds". cbos.gov.sd. Retrieved 2 September 2022.
^"Sudan". CIA World Factbook 1990 - page 294. 1 April 1990. Retrieved 1 August 2022. {{cite book}}: |website= ignored (help)
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Global Information
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