SDP (Sudanese Pound)

AAA

DEFINITION of 'SDP (Sudanese Pound)'

The currency abbreviation or currency symbol for the first Sudanese pound (SDP), the currency for Sudan from 1956 to 1992. The Sudanese pound was made up of 100 piastre, or qirush in Arabic. The Sudanese pound was known as "junaih" in Arabic.

INVESTOPEDIA EXPLAINS 'SDP (Sudanese Pound)'

The Sudanese pound replaced the Egyptian pound at par as the currency of Sudan in 1956, and remained in use until it was replaced by the dinar (SDD) in 1992. Although the currency was replaced, Southern Sudan continued to negotiate many prices in pounds.

RELATED TERMS
  1. Bhutan Ngultrum (BTN)

    The currency of Bhutan. The Bhutan Ngultrum, abbreviated as BTN ...
  2. Currency Pair

    The quotation and pricing structure of the currencies traded ...
  3. Forex Futures

    An exchange-traded contract to buy or sell a specified amount ...
  4. Authorized Forex Dealer

    Any type of financial institution that has received authorization ...
  5. Currency

    A generally accepted form of money, including coins and paper ...
  6. Forex - FX

    The market in which currencies are traded. The forex market is ...
Related Articles
  1. Currency Exchange: Floating Rate Vs. ...
    Forex Education

    Currency Exchange: Floating Rate Vs. ...

  2. Understanding The Spread in Retail Currency ...
    Forex Education

    Understanding The Spread in Retail Currency ...

  3. Basics For Buying And Investing In Bitcoin
    Investing Basics

    Basics For Buying And Investing In Bitcoin

  4. What Would Have To Happen For The Iraqi ...
    Forex Fundamentals

    What Would Have To Happen For The Iraqi ...

comments powered by Disqus
Hot Definitions
  1. Odious Debt

    Money borrowed by one country from another country and then misappropriated by national rulers. A nation's debt becomes odious ...
  2. Takeover

    A corporate action where an acquiring company makes a bid for an acquiree. If the target company is publicly traded, the ...
  3. Harvest Strategy

    A strategy in which investment in a particular line of business is reduced or eliminated because the revenue brought in by ...
  4. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  5. Pareto Principle

    A principle, named after economist Vilfredo Pareto, that specifies an unequal relationship between inputs and outputs. The ...
  6. Pareto Principle

    A principle, named after economist Vilfredo Pareto, that specifies an unequal relationship between inputs and outputs. The ...
Trading Center