The Sudanese pound slid to a new historic low against the U.S. dollar on Monday, with the greenback trading at around 5,670 Sudanese pounds in the parallel market, as the country’s prolonged conflict continues to fuel economic instability.
The latest depreciation marks another sharp decline for the local currency, which has steadily lost value since the outbreak of war in April 2023.
The continuing conflict has disrupted economic activity, weakened state institutions, and intensified pressure on foreign currency reserves, contributing to the rapid rise in exchange rates on the informal market.
The currency collapse has further strained living conditions across Sudan, where many residents are already grappling with worsening shortages of food, fuel, and essential services.
At the same time, prices of basic commodities have continued to rise sharply, driven by inflation and increases linked to customs exchange rates, adding to the burden on households amid the ongoing humanitarian crisis.
