South Sudanese pound

South Sudanese pound
ISO 4217 code SSP
User(s)  South Sudan
Subunit
1/100 piastre
Coins 1, 5, 10, 20, 50 piastres (of the Sudanese pound)[1]
Banknotes 5, 10, 25 piastres[2], 1, 5, 10, 25, 50, 100 pounds
Central bank Bank of South Sudan[3]

The South Sudanese pound is the official currency of the Republic of South Sudan. It is subdivided into 100 piastres. It was approved by the Southern Sudan Legislative Assembly prior to secession on 9 July 2011 from Sudan.[4] It was introduced on 18 July 2011, and replaced the Sudanese pound at par.[5]

The banknotes feature the image of John Garang, the deceased leader of South Sudan's independence movement.[6]

Six different denominations (1, 5, 10, 25, 50 and 100 pounds) in the form of banknotes have been confirmed, and five denominations (1, 5, 10, 25 and 50 piastres) will be issued in the form of coins.[7][8]

The new banknotes for 5, 10, and 25 Piastres have now been confirmed. Curiously, the currency unit is spelt 'Piaster' and 'Piasters', which may be a spelling error.

Apparently, there will be a 50 Piastres coin, but it is not known if and when it will be struck and put into circulation.

References

  1. ^ "Pound for pound". http://unmis.unmissions.org/Default.aspx?tabid=598&ctl=Details&mid=2748&ItemID=13818. Retrieved 14 July 2011. 
  2. ^ South Sudan new piaster notes confirmed. BanknoteNews.com. Retrieved 2011-11-17.
  3. ^ Adaku Samuel. "South Sudan To Issue New Currency On July 9". Juba Post. http://jubapost.org/article-50.html. Retrieved 10 July 2011. 
  4. ^ SSLA endorses national anthem and coat of arms. 26 May 2011 [1]
  5. ^ South Sudan Pound released July 18
  6. ^ "South Sudan pound to be launched next week". BBC News. 11 July 2011. http://www.bbc.co.uk/news/world-africa-14110475. Retrieved 11 July 2011. 
  7. ^ South Sudan Pound to be released by Monday - Government of South Sudan official website. Published 12 July 2011. Retrieved 13 July 2011.
  8. ^ South Sudan issued new pound notes 18 July 2011, BanknoteNews.com, Retrieved 2011-09-05.

External links