South Sudanese pound | |
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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.
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