Historical Bitcoin to Sudanese Pound Price Movement
The BTC/SDG currency pair represents Bitcoin’s valuation against the Sudanese Pound (SDG). Sudan’s turbulent economic environment, hyperinflation, and limited access to global financial systems have driven interest in Bitcoin as an alternative store of value and medium of exchange. While regulatory clarity is lacking, peer-to-peer (P2P) Bitcoin transactions have steadily increased, providing Sudanese citizens with a decentralized financial outlet.
Historical Overview of BTC/SDG Price Trends
2017–2019: Informal Adoption Amid Economic Crisis
- BTC/SDG surged to SDG 1,500,000 during Bitcoin’s 2017 bull market.
- Hyperinflation and local currency devaluation pushed citizens towards Bitcoin for value preservation.
- P2P trading networks and informal OTC (over-the-counter) markets became the primary Bitcoin channels.
2020–2021: Bull Market Awareness and Increased Usage
- BTC/SDG soared to SDG 6,000,000 in 2021, aligned with Bitcoin’s global rally.
- Sudanese expatriates and freelancers increasingly used Bitcoin for cross-border payments.
- Government remained skeptical, but digital asset awareness began growing in urban areas like Khartoum.
2022: Market Correction and P2P Ecosystem Expansion
- BTC/SDG corrected to SDG 4,800,000 following the global crypto market downturn.
- P2P platforms expanded to support secure Bitcoin transactions amidst local financial challenges.
- Bitcoin’s role as a hedge against hyperinflation became even more prominent.
2023: Market Stabilization and Grassroots Bitcoin Adoption
- BTC/SDG stabilized around SDG 5,200,000 as Bitcoin volatility reduced globally.
- Grassroots initiatives emerged to educate Sudanese citizens about Bitcoin’s potential as a decentralized financial tool.
- Informal Bitcoin remittance networks gained traction among Sudanese diasporas.
2024–2025 (YTD): Halving Rally and Underground Expansion
- Post-2024 halving, BTC/SDG reached a new high of SDG 8,500,000 in early 2025.
- As of April 2025, BTC/SDG consolidates between SDG 8,400,000–8,500,000.
- Despite a lack of formal regulation, Bitcoin’s underground economy continues to grow, supporting remittance and savings needs.
BTC/SDG Yearly Comparison Table
| Year | Avg. Price (SDG) | Year High | Year Low | Annual Performance | Market Factors |
|---|---|---|---|---|---|
| 2017 | SDG 1,200,000 | SDG 1,500,000 | SDG 700,000 | ✅ Hyperinflation hedge | P2P adoption |
| 2021 | SDG 5,800,000 | SDG 6,000,000 | SDG 3,500,000 | ✅ Bull market surge | Remittance use cases |
| 2022 | SDG 4,900,000 | SDG 5,000,000 | SDG 4,800,000 | ❌ Market correction | P2P ecosystem growth |
| 2023 | SDG 5,150,000 | SDG 5,200,000 | SDG 5,100,000 | ✅ Stabilization | Grassroots awareness |
| 2025* | SDG 8,450,000 | SDG 8,500,000 | SDG 8,400,000 | ✅ Halving-driven rally | Informal remittance growth |
Key Factors Driving BTC/SDG Valuation
- Hyperinflation – Sudan’s high inflation rates boost Bitcoin’s appeal as a store of value.
- Currency Devaluation – The SDG’s continuous devaluation pushes individuals towards Bitcoin for wealth preservation.
- P2P Ecosystem – Informal networks and OTC markets facilitate Bitcoin access despite regulatory hurdles.
- Remittance Efficiency – Bitcoin provides a low-cost alternative for Sudanese expatriates sending funds home.
- Global Bitcoin Cycles – BTC/SDG trends follow international Bitcoin price movements, especially halving cycles.
BTC/SDG Market Structure Insights (2025)
- P2P platforms are the primary channel for Bitcoin transactions due to the lack of formal exchanges.
- Sudanese citizens increasingly use Bitcoin for safeguarding savings against economic instability.
- Local Bitcoin meetups and educational campaigns are emerging to promote digital financial literacy.
- Despite regulatory gray areas, Bitcoin’s underground economy is thriving, driven by grassroots demand.