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Sudan to phase out 500-pound notes from 2027

Sudan to phase out 500-pound notes from 2027

The Central Bank of Sudan has begun to withdraw the old 500 Sudanese pound banknotes from circulation starting October 1, 2026. The replacement process will continue for three months, allowing holders to exchange their banknotes for their value by depositing them into their bank accounts in the states of Kordofan and Darfur. This decision covers all editions issued in 2023 and earlier, and aims to gradually phase out this denomination, especially since it was not included in the previous two replacement rounds. Starting from the beginning of 2027, the banknotes covered by this decision will cease to be legal tender in Sudan and will no longer be accepted for payments or transactions.

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