The South Sudanese pound is the official currency of the Republic of South Sudan. It is subdivided into 100 piasters. It was approved by the Southern Sudan Legislative Assembly before 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 de Mabior, the deceased leader of South Sudan's independence movement.
Six different denominations (1, 5, 10, 25, 50, 100 and 200 pounds) in the form of banknotes have been confirmed, and five denominations (1, 5, 10, 25 and 50 piasters) will be issued in the form of coins.
Three new banknotes for 5, 10, and 25 piasters were issued 19 October 2011.
The first circulation coins of the South Sudanese pound denominated in 10, 20, and 50 piasters were issued 9 July 2015, on occasion of the fourth anniversary of independence from Sudan.
In 2016, the Bank of South Sudan issued a 20 South Sudanese pound banknote to replace the 25 South Sudanese pound banknote. In 2018, the Bank of South Sudan introduced a 500 South Sudanese pounds banknote to ease daily cash transactions following years of inflation.
As part of a currency redesign to reduce confusion, a 1 Pound coin was released to replace the 1 Pound banknote, and a coin for 2 Pounds has also been released at the same time as the 1 Pound coin. The 10, 20 and 100 pound notes were all redesigned.
In November 2016 the Governor of the Bank of South Sudan issued a statement dismissing as false reports claiming that the bank was printing new notes in denominations of 200, 500 and 1,000 pounds.
Coins denominated 10, 20, and 50 Piasters were put into circulation on 9 July 2015 (South Sudanese Independence Day). As of 2016, South Sudan's coins are being struck at the South African Mint.
Bimetallic coins denominated 1 Pound and 2 Pounds has been put into circulation during 2016.