Saturday, 16 February 2019

925) Sudan: A 100 Pounds Banknote being issued by the Central Bank of Sudan by end February 2019:

925) Sudan: A 100 Pounds Banknote being issued by the Central Bank of Sudan by end February 2019:

 The Central Bank of Sudan has announced on 28.01.2019 that it will be introducing a ne design 100 Pounds Banknote denomination which is expected to be released towards the end of February 2019. 
The Front of the new 100 Sudanese Pound Banknote, placed against a background image of the Back of the Banknote

 This denomination, as well as, two additional denominations of 200 and 500 Pounds are being introduced in an effort to reduce the shortage of Banknotes in circulation and to alleviate the need for greater amounts of smaller denominations in  a single cash transaction. Sudan is presently grappling with a severe economic crisis along with the cash shortage.

Evolution of the Sudanese Pound:

The first Pound to circulate in Sudan was the Egyptian Pound.

On 01.01.1956, the Anglo-Egyptian rule in Sudan ended and Sudan became an independent country. A distinct Sudanese currency - the Sudanese Pound - was introduced, replacing the Egyptian Pound with the Sudanese Pound being divided into 100 Qirush, further sub-divided into 100 Millims.

In 1992, the Sudanese Pound was replaced by the Sudanese Dinar at an exchange rate of 1 Dinar being equivalent to 10 Pounds. While the Dinar circulated in Northern Sudan, in Southern Sudan, the pound was still in use. 

On 9-10.01.1997, the second Pound was introduced, but became legal tender only from 01.07.2007, when it replaced the Dinar at an exchange rate of 1 Pound for 100 Dinars.

On 24.07.2011, the third Sudanese Pound was circulated following the secession of South sudan from the Republic of Sudan.

Banknotes of the Sudanese Pound (2006 issue):

This series of Banknotes included denominations of 1,2, 5, 10, 20 and 50 Sudanese Pounds.

Banknotes of the Third Pound (2011 - Modified Colours issue):

A revised series of Banknotes was issued in 2011. These Banknotes were similar in style to those of the second Pound, but with changes in the colour scheme, the removal of certain symbols associated with the South and a re-drawn map of the country after the secession of the South.

These Banknote denominations were introduced in June 2011 and are as under:

On the Front of the 2 Sudanese Pounds was seen pottery and on the Back, musical instruments. 

On the Front of the 5 Sudanese Pounds are depicted an ornate wall, and a satellite, and on the Back is seen a Hydro-electric Dam.

On the Front of the 10 Sudanese Pounds is seen a Tree in Tabaldia, clasped hands, mountains and camel and on the Back is seen the People's Palace in Khartoum.

On the Front of the 20 Sudanese Pounds is seen machinery and oil derricks, while on the Back is seen a Factory, Radio Antenna, fruit (Bananas, Papayas, Flowers, Pineapple, Citrus, Grapes & Corn).

On the Front of the 50 Sudanese Pounds is seen Wildlife (Rhinoceros, Elephants, Ape in tree, Water buffalos, Zebras and Giraffe), while on the Back are seen Sheep, Cow, Goat, Camels.

On the Front of another 50 Sudanese Pounds is seen the Headquarters of the Central Bank of Sudan, Standard Gold Bars of 400 Ox. (12.4 kg.) and a Map of Sudan, while on the Back are seen Fishing Boats , Camels.

On the Front of the 100 Sudanese Pounds is seen the Pyramids of Meroe, while on the Back is seen a Dam.

The new 100 Sudanese Pounds Banknote:

The new 100 Pounds Banknote is being printed at a facility within Sudan itself, under the supervision of the Central Bank of Sudan.
The Front of the 100 Pound Banknote includes a depiction of the pyramids of the Kushite rulers at Meroe, located in an ancient city on the East bank of the Nile, which is about 200 kilometres (or 125 miles) North-east of Khartoum.
The Back of the 100 Pound Banknote depicts selected illustrations of Sudan's many dams, crucial to the management of the country's water resources that also generate valuable energy.

 Shown in a vertical direction is the date "January 2019" and it is seen to the right of the central motif.

 The Security Features include:

Watermark: The image of a falcon's head is seen when the Banknote is held up against a light source.

 Latent image: A rectangular field is located to the left of the primary design when viewed from the Front and when tilted, the initials "CBS" are seen.

 Holographic strip: Shown on the Front, a segmented holographic strip with the initials "CBS" appears to move and change colour to reveal a geometric pattern when the Banknote is tilted.

 Tactile application: To the far right side of the Banknote is a series of raised dots that are used to identify the Banknote for the visually challenged/impaired users.

 Colour-shifting application: On the front, a colour-shifting application on the shape of a pyramid is seen just to the left of the field of raised dots. The pyramid changes colour when the Banknote is tilted.

At the same time, the printing of the 200 and 500 denominations is simultaneously in progress at the Banknote printing facility and these two denominations are scheduled for being circulated latest by end February/March 2019.







Some other interesting posts from the African Continent on this blog:
Some other interesting links to posts on this blog on Currencies of the Middle-East:

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