Sending money to Sudan from abroad might look a little difficult at first. This is primarily due to a lack of decent options available to you if compared to some. There are a few problems associated with sending money to Sudan. That being said, you still have a few decent international money transfer options available to you.
It should be added that limited sanctions have been applied against Sudan by a list of countries. This shouldn’t present any significant difficulties for money transfers from one individual for another. Regardless, it is your responsibility to ensure that you are following any and all applicable regulations when sending money to Sudan.
The current exchange rate for the Sudanese Pound (SDG) is 375.507696 SDG per American Dollar (USD) as of the time this was written. The SDG reached a high of 376.0498 SDG per USD and a low of 55.2496 SDG per USD during the last 90 days. The average currency exchange rate for the last 90 days was 175.4243 SDG per USD.
The SDG had an average volatility rate of 0.67% against the USD for the last 90 days. This is a high volatility rate, which has shot to an even higher 1.14% when only the last 30 days are taken into account. Going forward, you can reasonably expect unpredictable and sporadic fluctuations to continue, barring any unforeseen circumstances.
The fastest way to send money to Sudan is through Western Union’s fast option. Western Union has agents available in Khartoum, Khartoum North, and Omdurman. With Western Union’s fast option, you can expect your money to reach its Sudanese destination in a few hours, if not in minutes. Western Union is also a ubiquitous service which can be accessed in most countries, adding some convenience to their deal.
The main downside to Western Union and their fast option, in particular, is that it is pricey. You are paying far from the cheapest rates if you choose Western Union. You are, however, getting more safety, security, and speed should you choose their faster option.
The cheapest way to send money to Sudan is through WorldRemit. WorldRemit is a fairly fast money transfer service which charges less than the fast option offered by Western Union. WorldRemit charges very low upfront fees, and their hidden currency conversion costs can be somewhat high. Regardless, they offer you the cheapest reasonable option for Sudan. Cash pickups are their fastest option, and these can be arranged at a low cost for pickup, often within a matter of minutes.
The easiest way to send money to Sudan is through a Payoneer-supported debit transfer. Payoneer offers many different money transfer methods. We are bringing Payoneer up specifically for their method of transfers onto a debit card. Once the recipient has their card topped up through Payoneer, they can withdraw their money through an ATM immediately.
If this option isn’t agreeable to you, Payoneer does offer several other options. They offer you the most convenient list of options, as well.
Payoneer offers you the best overall ways to send money to Sudan. They are the best overall option simply because of how many options they offer you. Payoneer makes sending money a more personalized experience. This offers you the ability to take advantage of whichever option suits you.
Jonathan is the founder and editor of MoneyTransfers.com. Jonathan is highly experienced in the currency transfer market, having previously worked in the FX trading industry, alongside being an avid traveller. Using his knowledge he identified a need for transparency and further education to help people save money on their money transfers, leading to the creation of MoneyTransfers.com