Sudanese Pound in Chinese Yuan Renminbi

SDG Sudanese Pound

Country of application:
Sudan

Coin denominations in circulation:
1, 5, 10, 20, 50 piastres, 1 lb.

Denominations of banknotes in circulation:
2, 5, 10, 20, 50, 100, 200, 500 lbs.

History reference:
The Sudanese pound is the national currency of the Republic of Sudan, temporary for the Republic of South Sudan. In addition, along with the Egyptian pound, it acts as the currency of the Halayib Tri...angle. The territory of Sudan covers most of the African savannah in the geographic region of the same name in the valley of the upper Nile River, as well as the eastern part of the Darfur and Kordofan plateaus. In the northeast of the territory of Sudan, the Nubian Desert extends, adjacent to the coast of the Red Sea. The territory of Sudan is almost 1 million 900 thousand square kilometers. Until 1957, the Egyptian pound was used as a means of payment in Sudan. In April of the same year, at a 1:1 exchange rate, the Egyptian pound was replaced by the Sudanese pound. The 1957 Sudanese pound was used in circulation until 1992. On June 8, 1992, the government of Sudan carries out a monetary reform, as a result of which the Sudanese pound is replaced by the Sudanese dinar at an exchange rate of 10 pounds = 1 dinar.

CNY Chinese Yuan Renminbi

Country of application:
PRC

Coin denominations in circulation:
1 yuan, 5, 2 and 1 jiao.

Denominations of banknotes in circulation:
100, 50, 20, 10, 5, 2 (rare) and 1 yuan, as well as 5, 2 and 1 jiao.

History reference:
The Chinese Yuan is the official currency of the Peoples Republic of China. Until the beginning of the 20th century, in China, for large-scale settlements, they used silver ingots - lyans. Small purc...hases were made using bronze round coins with a square hole in the center - qian, which Europeans call "keshi". Silver yuan began to be made in 1835. The use of silver coins and silver liang was banned in China in 1935. Instead, a boom in paper money began to grow - fabi. A certain easing in monetary policy occurred only in 2005, when the Chinese authorities carried out a revaluation of the yuan, raising its value by 2%. By 2008, the yuan appreciated by more than 20% to 6.82 yuan per US dollar. Nevertheless, even today, the PRC continues to enjoy certain foreign trade advantages, which are based on the undervalued exchange rate of the national currency.