Sudanese Pound

Sudanese Pound

The Sudanese pound (Arabic: جنيه سوداني (Junaih Sudani) is the basic unit of the Sudanese currency. The pound consists of 100 piasters. The pound is issued by the Sudanese Central Bank. Its value is linked to gold and convertible into foreign currencies. There are no restrictions on money transfers to and from Sudan. The Sudanese pound is equivalent to $ 0.056. It has been pegged to U.S. dollar since around 1984. 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 53 pounds 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 6.09 pounds to 18.07 pounds in the budget of 2018.

Canadian Dollar

Canadian Dollar

The Canadian dollar (symbol: $; code: CAD; French: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $, or sometimes Can$ or C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents (¢). Owing to the image of a loon on the one-dollar coin, the currency is sometimes referred to as the loonie by foreign exchange traders and analysts, as it is by Canadians in general, or huard in French. Accounting for approximately 2% of all global reserves, the Canadian dollar is the fifth most held reserve currency in the world, behind the U.S. dollar, the euro, the yen and the pound sterling. The Canadian dollar is popular with central banks because of Canada's relative economic soundness, the Canadian government's strong sovereign position, and the stability of the country's legal and political systems.

36 Sudanese Pound to Canadian Dollar exchange rates chart

36 SDG to CAD exchange rates graph
36 SDG to CAD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

36 SDG to CAD exchange rates table

Exchange SDG to CAD
36 Sudanese Pound = 1.001 Canadian Dollar
72 Sudanese Pound = 2.002 Canadian Dollar
180 Sudanese Pound = 5.004 Canadian Dollar
360 Sudanese Pound = 10.009 Canadian Dollar
Exchange Sudanese Pound to Canadian Dollar
36 Sudanese Pound to Canadian Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

36 SDG to CAD exchange rates news

Cash runs out in Khartoum as Sudan tries to halt economic crisis | Central Africa

Many cash machines in the Sudanese capital have run out of banknotes as the government scrambles to prevent economic collapse with a sharp devaluation and emergency austerity measures.

indicative negative
REUTERS NEWS SCHEDULE AT 6 p.m. ET /7 a.m. SGT

REUTERS NEWS SCHEDULE AT 6 p.m. ET /7 a.m. SGT. SPORTS

indicative negative
US 'terror' listing blocks Sudan's economic revival

Sudanese businessman Samir Gasim was delighted when Washington dropped sanctions against Sudan a year ago, but since then, mounting losses have forced him to lay off dozens of workers at his Khartoum factory.

indicative neutral
Sudan: Economy Facing Crisis After Sharp Currency Dip

Many Sudanese are complaining after the government's sharp devaluation of the pound Sunday, cutting its official value almost in half, as an already serious economic crisis plagues the country.

conditional negative
USD/CAD - Canadian Dollar Grinds Sideways

The Canadian dollar is grinding sideways in a narrow trading range. Canadian dollar sellers because of plunging oil prices are finding plenty of buyers because of expectations for higher domestic interest rates in December. The opposing views have re-enforced ...

imperative negative
C$ notches one-week high as greenback broadly slides

Canadian dollar rises 0.2 percent against the greenback; Canadian manufacturing sales rise 0.2 percent in September; Canadian bond prices move higher.

conditional neutral
C$ climbs to one-week high as oil prices rise

* Canadian dollar rises 0.3 percent against the greenback; * Price of U.S. oil rises 2.3 percent; * Canadian manufacturing sales rise 0.2 percent in.

indicative positive
Canadian dollar notches one-week high as greenback broadly slides

The Canadian dollar strengthened to its highest in more than one week against its U.S. counterpart on Friday, extending this week's gain as the greenback broadly fell and domestic data showed that factory sales edged higher in September.

conditional neutral
USD/CAD - Canadian Dollar Tries to Rally

The Canadian dollar is making an effort to rally. It is proving to be a struggle because global risk sentiment continues to teeter between "risk-on" and "risk-off." A lack of domestic data is another issue for Canadian dollar traders. The domestic ...

imperative neutral

36 SDG to CAD currency converter