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.

Norwegian Krone

Norwegian Krone

The krone [ˈkruːnə] (sign: kr; code: NOK), plural kroner, is the currency of Norway and its dependent territories. It is subdivided into 100 øre, which exist only electronically since 2012. The name translates into English as crown. The krone was the thirteenth most traded currency in the world by value in April 2010, down three positions from 2007.

5 Sudanese Pound to Norwegian Krone exchange rates chart

5 SDG to NOK exchange rates graph
5 SDG to NOK 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.

5 SDG to NOK exchange rates table

Exchange SDG to NOK
5 Sudanese Pound = 0.879 Norwegian Krone
10 Sudanese Pound = 1.758 Norwegian Krone
25 Sudanese Pound = 4.396 Norwegian Krone
50 Sudanese Pound = 8.792 Norwegian Krone
Exchange Sudanese Pound to Norwegian Krone
5 Sudanese Pound to Norwegian Krone 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.

5 SDG to NOK exchange rates news

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
Sudan: Bread, Fuel Shortages Deepen Across Sudan

On Tuesday, the bread and fuel shortages have continued in the Sudanese capital of Khartoum, as well as Sennar, Kassala, New Halfa, Blue Nile, South Kordofan and Wadi Halfa in the Northern state for the third day in a row amid suffering and rise of prices in the Sudanese markets.

indicative negative
Sudanese pound slips on black market after devaluation

Sudan's pound weakened on the black market on Tuesday, widening the gap with the official rate two days after the country sharply devalued its currency.

indicative negative
EUR/NOK remains stable so far – Danske Bank

The Norwegian Krone appears stable following recent inflation figures and balanced positioning, noted Mikael Milhoj, Senior Analyst at Danske Bank. Key

conditional positive
Crypto Currency: Ethereum Analysis And Bitcoin’s Relative Rotation Graph

Ethereum Analysis and Bitcoin’s Relative Rotation Graph

indicative neutral
Is The Australian Dollar Signaling A Resumption Of The U.S. Dollar's Advance?

The US dollar's downside correction may have ended the middle of last week. The FOMC left little doubt that a rate hike will be delivered next month. Oil prices

conditional negative

5 SDG to NOK currency converter