Sudan
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Clique para ouvir o texto completoHere is a comprehensive financial historical report covering both Sudan and South Sudan, in International English:
Financial Historical Report of Sudan and South Sudan
South Sudan
Basic Data
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Country ISO Code: SS
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Official Language: English
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Language ISO Code: en
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Current Official Currency: South Sudanese Pound
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Currency ISO Code: SSP
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Issuing Authority: Bank of South Sudan
Currency History
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The South Sudanese pound (SSP) was approved by the Southern Sudan Legislative Assembly prior to independence on 9 July 2011 and introduced on 18 July 2011, replacing the Sudanese pound at par. The Sudanese pound ceased to be legal tender in South Sudan on 1 September 2011.
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The currency is subdivided into 100 piasters.
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Initial coins were issued on 9 July 2015, in denominations of 10, 20, and 50 piasters. Bimetallic coins of SSP 1 and SSP 2 were introduced in 2016.
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Banknotes feature John Garang de Mabior, the late leader of South Sudan’s independence movement.
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Banknote denominations include SSP 0.05, 0.10, 0.25, 1, 5, 10, 20, 50, 100, 500, and 1,000.
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In 2018, the SSP 500 note was introduced to ease cash transactions amid inflation; a SSP 1,000 note was issued in 2021 to address economic crisis.
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Coins and banknotes are produced by the South African Mint.
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The SSP has experienced rapid depreciation, from about SSP 2.75 per US dollar in 2011 to over SSP 2,000 per US dollar in recent years.
Design and Symbolism
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Banknotes depict John Garang on the obverse and South Sudanese wildlife and national symbols on the reverse, including giraffes, elephants, ostriches, and the Nile River.
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Coins feature the national coat of arms and images such as oil rigs, shoebill storks, northern white rhinos, Nubian giraffes, and African shields.
Sudan
Basic Data
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Country ISO Code: SD
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Official Language: Arabic
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Language ISO Code: ar
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Current Official Currency: Sudanese Pound
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Currency ISO Code: SDG
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Issuing Authority: Central Bank of Sudan
Currency History
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Prior to independence, the Egyptian pound was widely used under Anglo-Egyptian rule.
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The Sudanese pound was introduced in 1956, replacing the Egyptian pound at par.
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The pound is subdivided into 100 piasters (قرش).
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Due to hyperinflation, the Sudanese dinar (SDD) was introduced in 1992 but was discontinued in 2007 when the pound was reintroduced.
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Sudan has faced persistent inflation and currency devaluation, with multiple monetary reforms.
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Current denominations include coins of 1, 5, 10, 20, 50 piasters and 1 pound, and banknotes of 2, 5, 10, 20, 50, 100, 200, 500, and 1,000 pounds.
Design and Symbolism
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Currency designs feature national emblems, historical monuments, and cultural motifs.
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The Central Bank of Sudan has implemented security features to combat counterfeiting and modernize the currency.
General Overview
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South Sudan established its own currency upon independence in 2011, while Sudan continues to use the Sudanese pound.
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Both currencies face economic challenges, including inflation and exchange rate volatility.
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Currency designs reflect the distinct cultural and historical identities of each country.
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