The Sudanese pound has continued to depreciate against foreign currencies, causing a surge in the prices of essential goods in the markets and deepening the hardship for citizens who have lost their sources of income due to the war, now ongoing for over 27 months.
The exchange rate for one US dollar has reached 3,000 Sudanese pounds, compared to 570 pounds before the war began. Economists attribute the continuous decline in the value of the pound to increased demand for foreign currencies—particularly the US dollar—amid a severe shortage in supply, reduced production, lack of exports, and the continued conflict.
A trader in the parallel market noted that the instability of the pound, coupled with intensified security crackdowns, has led many traders to cease operations to avoid losses—especially as most Sudanese now prefer dealing in foreign currencies due to weak demand for the pound.
