sudanese monetary unit
Noun: A Sudanese monetary unit is the standard unit of currency used within the Republic of the Sudan. It serves as the basis for the country's financial system, used for pricing goods and services, storing value, and facilitating economic transactions.
The term is used to refer to the official currency of Sudan in financial, economic, and general contexts. - The value of the Sudanese monetary unit has fluctuated significantly in recent years. - Prices in the local market are quoted in the Sudanese monetary unit.
- The specific name and subdivision of the Sudanese monetary unit have changed throughout the country's history, reflecting different political and economic periods.
- When discussing historical transactions or economic data, it is crucial to specify the era, as the Sudanese monetary unit referred to different currencies (e.g., the Sudanese pound, the Sudanese dinar, and again the Sudanese pound).
- Sudanese Pound (SDG): The current specific name for the Sudanese monetary unit, reintroduced in 2007.
- Piastre: A historical subdivision of the Sudanese pound (100 piastres = 1 pound).
- Millieme: A historical subdivision of the Egyptian pound and earlier Sudanese currencies (1000 milliemes = 1 pound).
This term has a single, specific meaning related to the currency of Sudan. It does not have other general meanings.
- Sudanese currency
- Currency of Sudan
There are no common idioms or phrasal verbs specifically using the phrase "Sudanese monetary unit." It is a formal, technical term.
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monetary unit in the Sudan
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