About the South Sudanese Pound
The South Sudanese Pound was introduced shortly after South Sudan gained independence from Sudan in 2011. It initially replaced the Sudanese Pound at par.
The name 'Pound' is a common currency name in the region, influenced by former British colonial powers.
Interesting Facts
A New Nation's Currency
The South Sudanese Pound is one of the world's newest currencies, a tangible symbol of the independence of the Republic of South Sudan.
Dr. John Garang on Notes
All banknotes feature the portrait of Dr. John Garang de Mabior, the leader of the Sudan People's Liberation Movement and a key figure in South Sudan's independence struggle.
Oil-Dependent and Volatile
The economy is almost entirely dependent on oil revenues. Civil war and political instability have led to severe depreciation and high inflation.
Historical Timeline
South Sudan gains independence and introduces its own currency.
Civil war breaks out, severely impacting the economy and the value of the Pound.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- SSP
- Symbol
- £
- Numeric Code
- 728
- Subunit
- Piastre (1/100)
- Introduced
- 2011-07-18
Central Bank
- Name
- Bank of South Sudan
- Headquarters
- Juba, South Sudan
- Founded
- 2011
- Current Governor
- Johnny Ohisa Damian (since 2023)
Economic Data
- Reserve Currency Share
- 0.0%
- Forex Volume Share
- 0.0%
- Inflation Rate
- 15.0%
- Interest Rate
- 13.0%
Exchange Rates
What Affects the SSP Exchange Rate?
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