Sudan’s Central Bank Withdraws Small-Denomination Banknotes from Circulation

Khartoum – Sudanhorizon

The Central Bank of Sudan announced on Saturday the withdrawal of several low-denomination banknotes from circulation, pursuant to Article 25(3) of the Central Bank of Sudan Act of 2002. The decision, the bank said, is based on public interest considerations and is part of efforts to reorganize the country’s currency denomination structure in line with current economic conditions.

According to a statement issued by the bank, the withdrawn denominations include SDG 1, SDG 2, SDG 5, SDG 10, SDG 20, and SDG 50 banknotes.

Holders of the affected banknotes will be granted a three-month grace period from the date the announcement is published in the Official Gazette of the Republic of Sudan to exchange them in accordance with regulations set by the Central Bank. The exchange will be made at face value exclusively through deposits into bank accounts at branches of commercial banks, with the deadline set for the close of business on July 30, 2026.

The statement clarified that the withdrawn denominations will remain legal tender throughout the three-month grace period. During that time, they may be exchanged at face value through bank deposits at commercial bank branches, but cash-for-cash exchanges will not be permitted.

The bank added that once the grace period expires, these denominations will lose their status as legal tender and will no longer be accepted for settling financial obligations or in commercial transactions.

However, the Central Bank stated that it will preserve the rights of holders of these banknotes in states experiencing unsuitable security or banking conditions, allowing them to redeem the notes at face value in accordance with the Bank’s assessment of conditions in those areas.

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