# South Sudanese pound > official currency of the Republic of South Sudan **Wikidata**: [Q244366](https://www.wikidata.org/wiki/Q244366) **Wikipedia**: [English](https://en.wikipedia.org/wiki/South_Sudanese_pound) **Source**: https://4ort.xyz/entity/south-sudanese-pound ## Summary The South Sudanese pound is the official currency of the Republic of South Sudan, introduced in 2011 following the country's independence. It serves as the primary medium of exchange for goods and services within South Sudan and is managed by the Bank of South Sudan, the nation's central bank. ## Key Facts - The South Sudanese pound was introduced on **July 18, 2011**, shortly after South Sudan gained independence on **July 9, 2011**. - It is classified as a **pound**, a type of currency used in several nations. - The **Bank of South Sudan**, established in **2011**, is the central bank responsible for issuing and regulating the currency. - South Sudan is located in **East Africa** and is the country where the South Sudanese pound is exclusively used. - The currency has a **sitelink count of 51** on Wikidata, indicating its presence across multiple language editions of Wikipedia. - The South Sudanese pound is part of the broader category of **currencies**, which are generally accepted mediums of exchange. ## FAQs **When was the South Sudanese pound introduced?** The South Sudanese pound was introduced on **July 18, 2011**, just nine days after South Sudan officially became an independent nation. **What is the role of the Bank of South Sudan?** The Bank of South Sudan, established in **2011**, serves as the central bank of the country and is responsible for issuing, regulating, and managing the South Sudanese pound. **Where is the South Sudanese pound used?** The South Sudanese pound is the official currency of **South Sudan**, a country in **East Africa**, and is used exclusively within its borders for transactions. **How is the South Sudanese pound classified?** It is classified as a **pound**, a type of currency used in several countries, and falls under the broader category of **currencies**, which facilitate economic transactions. ## Why It Matters The South Sudanese pound plays a critical role in the economic stability and sovereignty of South Sudan. As the official currency, it enables domestic and international trade, fosters financial independence, and symbolizes the nation's autonomy following its separation from Sudan. The currency's introduction marked a significant step in establishing South Sudan's economic identity and infrastructure, allowing the government to manage monetary policy, control inflation, and support economic growth. For citizens, it provides a stable medium of exchange, essential for daily transactions and long-term financial planning. ## Notable For - Being the **official currency of South Sudan**, introduced shortly after the country's independence in **2011**. - Managed by the **Bank of South Sudan**, the nation's central bank, which oversees its issuance and regulation. - Part of the **pound** family of currencies, distinguishing it from other currency types like dollars or euros. - Exclusive use within **South Sudan**, a country in **East Africa**, reinforcing its role in the nation's economic framework. ## Body ### **Introduction and Historical Context** The South Sudanese pound was established as the official currency of the Republic of South Sudan on **July 18, 2011**, following the country's independence from Sudan on **July 9, 2011**. Its introduction was a pivotal moment in South Sudan's transition to a sovereign nation, replacing the Sudanese pound as the primary medium of exchange. The currency's creation was part of broader efforts to build an independent economic system, including the establishment of the **Bank of South Sudan** as the central bank. ### **Currency Classification and Role** The South Sudanese pound belongs to the **pound** class of currencies, which includes other notable examples like the British pound and Egyptian pound. As a **currency**, it functions as a generally accepted medium of exchange for goods and services within South Sudan. Its role extends beyond transactions, serving as a tool for monetary policy, inflation control, and economic stability under the oversight of the Bank of South Sudan. ### **Bank of South Sudan** The **Bank of South Sudan**, founded in **2011**, is the central bank responsible for the issuance, regulation, and management of the South Sudanese pound. Headquartered in **Juba**, the capital of South Sudan, the bank plays a crucial role in maintaining the currency's stability and facilitating economic growth. Its establishment coincided with the country's independence, underscoring the importance of financial autonomy in nation-building. ### **Geographical and Economic Context** South Sudan, located in **East Africa**, is the sole country where the South Sudanese pound is used. The currency's exclusivity to South Sudan highlights its significance in the nation's economic framework, enabling trade, investment, and financial transactions within its borders. The introduction of the South Sudanese pound was a key step in differentiating South Sudan's economy from that of Sudan, fostering independence in monetary policy and economic governance. ### **Wikidata and Digital Presence** The South Sudanese pound has a **sitelink count of 51** on Wikidata, indicating its presence across multiple language editions of Wikipedia. This digital footprint reflects its recognition as a distinct currency in global knowledge bases, reinforcing its legitimacy and importance in international financial contexts. ### **Relationship to Other Currencies** As a **pound**, the South Sudanese pound shares a classification with other currencies like the British pound sterling and the Egyptian pound. However, its use is limited to South Sudan, distinguishing it from more widely circulated currencies. The South Sudanese pound's introduction replaced the Sudanese pound, marking a clear break from Sudan's monetary system and asserting South Sudan's economic sovereignty. ## References 1. Freebase Data Dumps. 2013 2. [Source](https://www.forbes.com/advisor/money-transfer/currency-converter/eur-ssp/)