South Sudanese pound

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South Sudanese pound
ISO 4217 code SSP
Central bank Bank of South Sudan[1]
User(s)  South Sudan
Subunit
 1/100 piaster
Coins 10, 20, 50 piasters, 1, 2 pounds[2][3]
Banknotes 5, 10, 25 piasters,[4] 1, 5, 10, 25, 50, 100 pounds

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 before secession on 9 July 2011 from Sudan.[5] It was introduced on 18 July 2011, and replaced the Sudanese pound at par.[6]

The banknotes feature the image of John Garang, the deceased leader of South Sudan's independence movement.[7]

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.[8][9]

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

The first circulation coins of the South Sudanese pound denominated in 10, 20, 50 piasters and 1 and 2 pounds were issued July 9, 2015, on ocassion of the fourth anniversary of independence from Sudan.[11]

Banknotes of the South Sudanese pound
Value Obverse Reverse Watermark
5 South Sudanese piasters Dr. John Garang de Mabior Ostrich The Flag of South Sudan in repeated rows and Dr. John Garang de Mabior on the right front of the note
10 South Sudanese piasters Dr. John Garang de Mabior Kudu The Flag of South Sudan in repeated rows and Dr. John Garang de Mabior on the right front of the note
25 South Sudanese piasters Dr. John Garang de Mabior River Nile The Flag of South Sudan in repeated rows and Dr. John Garang de Mabior on the right front of the note
1 South Sudanese pound Dr. John Garang de Mabior Giraffes Dr. John Garang de Mabior and an electrotype 1
5 South Sudanese pounds Dr. John Garang de Mabior Sanga cattle Dr. John Garang de Mabior and an electrotype 5
10 South Sudanese pounds Dr. John Garang de Mabior Buffaloes; pineapple Dr. John Garang de Mabior and an electrotype 10
25 South Sudanese pounds Dr. John Garang de Mabior Oryx antelopes; oil derrick Dr. John Garang de Mabior and an electrotype 25
50 South Sudanese pounds Dr. John Garang de Mabior Elephants Dr. John Garang de Mabior and an electrotype 50
100 South Sudanese pounds Dr. John Garang de Mabior Lion; waterfall Dr. John Garang de Mabior and an electrotype 100

Coins[edit]

Coins denominated 10, 20, and 50 Piasters will be put into circulation on 9 July 2015 (South Sudanese Independence Day)[1]

Bimetallic coins denominated 1 Pound and 2 Pounds will follow soon after.

The Coat of arms of South Sudan with the country name 'REPUBLIC OF SOUTH SUDAN' and the date will appear on the obverses.

10 Piasters - Copper-plated Steel - Oil rig.

20 Piasters - Bronze-plated Steel - Shoebill stork.

50 Piasters - Nickel-plated Steel - Northern white rhino.

1 Pound - Bronze-plated Steel centre / Nikel-plated Steel ring - Nubian giraffe.

2 Pounds - Nickel-plated Steel centre / Bronze-plated Steel ring - African Shield.

References[edit]

  1. ^ Adaku Samuel. "South Sudan To Issue New Currency On July 9". Juba Post. Retrieved 10 July 2011. [dead link]
  2. ^ New issues World Bi-Metallic Coin News (www.worldbcnews.com). Retrieved on 2015-07-08.
  3. ^ South Sudan 2015 - New coin family World Coin News (worldcoinnews.blogspot.com). July 9, 2015. Retrieved on 2015-07-09.
  4. ^ South Sudan new piaster notes confirmed. Banknote News. Retrieved 2011-11-17.
  5. ^ SSLA endorses national anthem and coat of arms. 26 May 2011[dead link]
  6. ^ South Sudan Pound released July 18[dead link]
  7. ^ "South Sudan pound to be launched next week". BBC News. 11 July 2011. Retrieved 11 July 2011. 
  8. ^ South Sudan Pound to be released by Monday - Government of South Sudan official website. Published 12 July 2011. Retrieved 13 July 2011.
  9. ^ South Sudan issued new pound notes 18 July 2011, BanknoteNews.com. Retrieved on 2011-09-05.
  10. ^ Linzmayer, Owen (2012). "South Sudan". The Banknote Book. San Francisco, California: Banknote News. 
  11. ^ World’s Newest Country Issues Circulation Coins on National Independence Day Coin Update (news.coinupdate.com). July 10, 2015. Retrieved on 2015-07-13.

External links[edit]

Current SSP exchange rates
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