South Sudanese pound
Encyclopedia
The South Sudanese pound is the official currency of the Republic of South Sudan. It is subdivided into 100 piastre
s. It was approved by the Southern Sudan Legislative Assembly
prior to secession on 9 July 2011 from Sudan
. It was introduced on 18 July 2011, and replaced the Sudanese pound
at par.
The banknotes feature the image of John Garang
, the deceased leader of South Sudan's independence movement.
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 piastres) will be issued in the form of coins.
Piastre
The piastre or piaster refers to a number of units of currency. The term originates from the Italian for 'thin metal plate'. The name was applied to Spanish and Latin American pieces of eight, or pesos, by Venetian traders in the Levant in the 16th century.These pesos, minted continually for...
s. It was approved by the Southern Sudan Legislative Assembly
Southern Sudan Legislative Assembly
The Southern Sudan Legislative Assembly was established in 2005 by the Interim constitution of the Southern Sudan 2005. Pending elections in 2010, all 170 members were appointed according to the following formula as per the Comprehensive Peace Agreement : 70% of seats to SPLM, 15% to NCP, and 15%...
prior to secession on 9 July 2011 from Sudan
Sudan
Sudan , officially the Republic of the Sudan , is a country in North Africa, sometimes considered part of the Middle East politically. It is bordered by Egypt to the north, the Red Sea to the northeast, Eritrea and Ethiopia to the east, South Sudan to the south, the Central African Republic to the...
. It was introduced on 18 July 2011, and replaced the Sudanese pound
Sudanese pound
The Sudanese pound is the currency of Sudan and also used in South Sudan until finalization of the introduction of the South Sudanese pound. Both Arabic and English names for the denominations appear on the country's banknotes and coins. On 24 July 2011, Sudan launched a new currency...
at par.
The banknotes feature the image of John Garang
John Garang
John Garang de Mabior was a Sudanese politician and rebel leader. From 1983 to 2005, he led the Sudan People's Liberation Army during the Second Sudanese Civil War, and following a peace agreement he briefly served as First Vice President of Sudan from January 2005 until he died in a July 2005...
, the deceased leader of South Sudan's independence movement.
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 piastres) will be issued in the form of coins.