Pounds for Dinars

As of January 10, 2007 Sudan will introduce a new currency as part of a 2005 peace deal signed in the country.

According to a recent article on IOL, Sudan is replacing its currency – the dinar – as part of a peace deal signed two years ago between the Muslim government and Christian groups.

The article notes that the dinar has been in circulation for fifteen years and is often considered to be a symbol of the Muslim government. In an effort to go with an ethnically and religiously neutral symbol, the country is returning to use of the pound.

The conversion rate will be one pound equals 100 Sudanese dinars.