πΈπΈSouth Sudanese Pound (SSP)
The South Sudanese pound was introduced in 2011 when South Sudan became independent from Sudan, replacing the Sudanese pound as the new country's own currency. Ongoing conflict, weak oil revenue (the country's dominant export), and limited economic diversification have driven severe, repeated depreciation and high inflation since independence, making the South Sudanese pound one of the most volatile currencies in Africa.
SSP β USD Converter
History
The South Sudanese pound was introduced in 2011 when South Sudan became independent from Sudan, replacing the Sudanese pound as the new country's own currency. Ongoing conflict, weak oil revenue (the country's dominant export), and limited economic diversification have driven severe, repeated depreciation and high inflation since independence, making the South Sudanese pound one of the most volatile currencies in Africa.
Denominations
South Sudanese Pound banknotes commonly circulate in these denominations:
- 1, 5, 10 pounds β small notes, though heavily eroded in value by inflation
- 25, 50 pounds β mid-value notes
- 100 pounds β the highest-denomination note in wide circulation
Frequently Asked Questions
What is the currency symbol for the South Sudanese pound?
The South Sudanese pound's symbol is Β£ (sometimes SSP to distinguish it from other pound currencies). Its ISO 4217 currency code is SSP.
Why has the South Sudanese pound lost so much value?
Ongoing conflict, heavy dependence on oil exports, and limited economic diversification have driven repeated, severe currency depreciation and high inflation since independence in 2011.
Is the South Sudanese pound related to the Sudanese pound?
Yes β it replaced the Sudanese pound in South Sudan at independence in 2011, but the two are now completely separate currencies issued by different central banks.
Where can I see rates for other African currencies?
Check the full currency directory on the African Currencies homepage, which covers all 54 African countries.