The Sudanese dinar, denoted by SDD, is the official currency of Sudan. One Sudanese dinar is divided into 10 Sudanese pounds, which are each further subdivided into 100 piastres. Introduced in 1992, the dinar replaced the pound as a base unit. The dinar is pegged to the Libyan dinar at a rate of around 200 Sudanese dinars to one Libyan dinar.
The dinar coins in circulation come in denominations of 1, 2, 5, 10, 20, 50, and 100 dinars. Banknotes in circulation come in 5, 10, 25, 50, 100, 200, 500, 1000, and 2000 dinar denominations.
As of mid-2005, there are rumors that the Sudanese government is planning on replacing the dinar with a new currency.
Sovereign Ratings for Sudan
Sudan is not rated.
What does it look like?
Political Structure
Sudan's government type is transitional. Sudan was previously under the rule of military junta but now falls under the jurisdiction of a new constitution drafted by the Presidential Committee. The central government can be divided into three branches: the executive, the legislative, and the judicial branches.
In the central government of Sudan, the president acts as both chief of state and head of government. The president is elected by popular vote for a five-year term. Cabinet members are appointed by the president.
The legislative branch is a unicameral National Assembly consisting of 400 members, 275 of which are elected by popular vote and 125 elected by a supra assembly of interest groups known as the National Congress.
The Supreme Court and the Special Revolutionary Courts compose the judicial branch.
Prominent Figures
President: Lt. Gen . Umar Hassan Ahmad al-Bashir
First Vice President: Ali Osman Mohamed Taha
Governor, Central Bank of Sudan: Muhammad al-Hasan Sabir
Key Economic Factors
Economic Overview: Sudan has managed to turn a struggling economy into an economy characterized by sound economic policies and infrastructure investments. Economic problems, however, still plague Sudan. 1997 marked the year when Sudan began to implement IMF macroeconomic reforms. In 1999, Sudan commenced its exportation of crude oil that helped it gain its first trading surplus-and increased oil production has helped sustain GDP since. Agricultural production remains an important sector to Sudan as it employs 80% of the work force, contributes 39% of GDP and accounts for most of GDP growth. Instability caused by a long-standing religious and civil war, adverse weather, and low world agricultural prices have made poverty an inevitable component of Sudanese life.
Industries: Oil, cotton ginning, textiles, cement, edible oils, sugar, soap distilling, shoes, petroleum refining, pharmaceuticals, armaments and automobile/light truck assembly.
Agricultural Products: Cotton, groundnuts (peanuts), sorghum, millet, wheat, gum arabic, sugarcane, cassava (tapioca), mangos, papaya, bananas, sweet potatoes, sesame, sheep and livestock.
Exports Commodities: Oil and petroleum products, cotton, sesame, livestock, groundnuts, gum arabic and sugar.
Import Commodities: Foodstuffs, manufactured goods, refinery and transport equipment, medicines and chemicals, textiles and wheat.
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