Sudan central bank to start second phase of currency exchange in three states
April 12, 2026 (KHARTOUM) – The Central Bank of Sudan (CBoS) announced on Sunday the launch of the second phase of a currency exchange process for 1,000 and 500 pound notes in three states, starting next Wednesday for a one-month period.
The first phase was launched in December 2024 and covered several secure states, including Red Sea, Kassala, Gedaref, River Nile, Northern, Sennar, White Nile, and the Blue Nile region.
The central bank said in a Facebook post that the second phase would begin in Khartoum and Gezira states, and that the process would be completed in localities of White Nile state that were not included in the initial phase.
The bank clarified that the exchange period will run until May 15, 2026. The third edition of the 1,000-pound note and the second edition of the 500-pound note will be introduced, featuring approved security specifications, while old editions are withdrawn.
Commercial banks will accept cash deposits from citizens into bank accounts. Services for withdrawals, transfers, and various payment methods will be available, and account-opening procedures will be simplified to enhance financial inclusion.
The bank emphasized the need to adhere to regulations governing the process, including cash withdrawal ceilings, while expanding the use of electronic payment methods. Banking hours will be extended to ensure smooth service delivery.
The CBoS stressed that older editions of the two denominations will no longer be legal tender in the covered states after the deadline.
The bank urged citizens to expedite the deposit of the targeted currency. It stated that the move aims to boost confidence in the national currency and support economic stability, in accordance with the Central Bank of Sudan Act 2002.
Regarding states not currently included, the bank reassured citizens that their rights are protected. It noted that the postponement of accepting withdrawn denominations is a temporary organizational measure, and these notes remain legal tender until those states are included in later stages.
The currency exchange process faces field-level challenges in areas under the control of the Rapid Support Forces, particularly in Darfur and parts of Kordofan, which may hinder implementation for the time being.
The bank added that any further steps will be announced through official channels and advised citizens to follow its directives and avoid unofficial sources.