South Sudanese Pound

The SSP (South Sudanese Pound) is the official currency of the Republic of South Sudan. It was introduced on 18 July 2011, replacing the Sudanese Pound. The first South Sudanese pounds were issued by the Bank of South Sudan on the same day the country gained independence from Sudan. The SSP is subdivided into 100 piasters. There are coins of 1, 2, 5, 10, and 20 piasters, and notes of 50, 100, 500, and 1,000 pounds. The SSP is pegged to the US dollar at a rate of 1 SSP = $0.0016667.