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South Sudanese pound

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South Sudanese pound
ISO 4217
CodeSSP (numeric: 728)
Subunit0.01
Denominations
Subunit
 1/100piaster
Banknotes5, 10, 25 piasters[1], 1, 5, 10, 25, 50, 100 pounds
Coins1, 5, 10, 20, 50 piasters (of the Sudanese pound)[2]
Demographics
User(s) South Sudan
Issuance
Central bankBank of South Sudan[3]

The South Sudanese pound is the official currency of the Republic of South Sudan. It is subdivided into 100 piasters. 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 piasters) will be issued in the form of coins.[7][8]

Three new banknotes for 5, 10, and 25 piasters were issued 19 October 2011.[9]

References

  1. ^ South Sudan new piaster notes confirmed. BanknoteNews.com. Retrieved 2011-11-17.
  2. ^ "Pound for pound". Retrieved 14 July 2011. {{cite news}}: Unknown parameter |source= ignored (help)
  3. ^ Adaku Samuel. "South Sudan To Issue New Currency On July 9". Juba Post. 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. 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.
  9. ^ Linzmayer, Owen (2012). "South Sudan". The Banknote Book. San Francisco, CA: www.BanknoteNews.com.