Post
Topic
Board Economics
Re: Rampant inflation, yet a steady exchange rate.
by
LoyceV
on 12/09/2020, 18:14:46 UTC
I ordered a few boxes of pizza today, and the total bill was 3200 SDG.
That's 9% of the average monthly salary (36,500 SDG), so I guess most people can't afford to order this.

The country’s currency recently fell to a record low of 150 Sudanese pounds to the dollar on the black market, compared with 55 at the official rate.
How does that work? I take it you can't just buy dollars at the official exchange rate? If that's the case, than what's the point of having it?

A quick search on the usual Dutch websites for currency exchange shows no hits for buying or selling SDG.