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Want to know the local currency in South Sudan? The currency used in South Sudan is called Pound.

The South Sudanese Pound is issued and managed by the Bank of South Sudan. To find out the current currency exchange rates for Pound to other major currencies of the world, click on foreign currency rates.

South Sudanese Currency Information
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The currency used in South Sudan is called as the Pound. This currency is denoted with the currency sign and the ISO 4217 Code for the South Sudanese Pound is SSP. The Pound, is the official currency of the South Sudan . It is divided into 100 smaller units called piaster.

The constitution of South Sudan provides that the South Sudan government shall have the power to print the South Sudanese Pound and piaster coins to be used as a legal tender in South Sudan. The South Sudanese Pound bank notes and Piaster coins are both designated as "legal tender" in payment of debts.

The South Sudanese Pound bill uses the decimal system, consisting of 100 equal units.

The symbol , usually written before the numerical amount, is used for the South Sudanese Pound.

Currently printed bank notes denominations are 5, 10, 25 piasters[3], 1, 5, 10, 25, 50, 100 pounds and the coins are minted in the denominations of 1, 5, 10, 20, 50 piasters (of the Sudanese pound)[2] .

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The Effect of Balance of Trade and Investment on the Value of South Sudanese Pound
Financial analysts regularly cite the balance of trade and investment in South Sudan as the most important influence on the value of the Pound. The difference between what the South Sudan exports and imports in terms of goods and services to and from other countries can be obtained from a balance of trade statement.

The balance of investment on the other hand represents the difference in exports and imports of capital. If exports from Pound exceed imports from other countries, in either the balance of trade or balance of investments, it is called a surplus. The term deficit is used when the imports into Pound exceed exports to other countries. The points below go into detail to explain on how the balance of trade and balance of investments affect the South Sudanese Pound.

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