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De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...
For a wider history surrounding currency in the region, see British currency in the Middle East. The Sudanese pound was devalued on 23 February 2021, with the official (indicative) exchange rate set to LS 375.08 per US dollar (from the fixed rate of LS 55), closing the gap between the commercial and black market exchange rates. [9] [10] [11]
Sudan has eliminated its customs exchange rate, used to calculate import duties, as the final step in a devaluation of its local currency, the finance ministry said on Tuesday. Earlier this month ...
A dollar fetched 470 Sudanese pounds on the black market, rising from 445 a week ago, while the official rate was 424. Sudan sharply devalued its currency in February, moving to a flexible managed ...
Present currency ISO 4217 code Country or dependency (administrating country) Currency symbol Algerian dinar: DZD ... Sudan: SDG or ج.س Syrian pound [12] SYP
Sudanese dinar – Sudan; ... International dollar – hypothetical currency pegged 1:1 to the United ... List of countries by exchange rate regime; List of central ...
It was introduced on 18 July 2011, and replaced the Sudanese pound at par. [5] On 1 September 2011, the Sudanese pound ceased to be legal tender in South Sudan. On October 8, 2020, due to rapid depreciation of the South Sudanese pound's exchange rate with the United States dollar, South Sudan announced that it would soon change its currency. [6 ...
The exchange rate is grossly more favourable to the seller of the foreign currency than is the official bank rate, but such trading is usually illegal. [ citation needed ] In many rural areas there is still a strong bartering culture, the exchanged items being of more immediate value than official currency (following the principle that one can ...