Convert New Zealand Dollar to Sudanese Pound
Please provide values below to convert New Zealand Dollar [NZD] to Sudanese Pound [SDG], or Convert Sudanese Pound to New Zealand Dollar.
How to Convert New Zealand Dollar to Sudanese Pound
1 NZD = 0.00371715832711394 SDG
Example: convert 15 NZD to SDG:
15 NZD = 15 × 0.00371715832711394 SDG = 0.0557573749067091 SDG
New Zealand Dollar to Sudanese Pound Conversion Table
New Zealand Dollar | Sudanese Pound |
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
Sudanese Pound
The Sudanese Pound (SDG) is the official currency of Sudan, used for everyday transactions and financial exchanges within the country.
History/Origin
The Sudanese Pound was introduced in 1956, replacing the Sudanese Piastre. It has undergone several redenominations and reforms, notably in 2007 when the currency was revalued following economic challenges and the country's separation from South Sudan.
Current Use
Today, the Sudanese Pound is the legal tender in Sudan, used in banking, commerce, and daily transactions. It exists in both banknotes and coins, with ongoing efforts to stabilize and modernize the currency system.