Republic of South Sudan
This is the highest value ever issued with a face value of 500 Pounds.
South Sudan was formed following an Independence referendum held in early 2011. The South Sudanese has been fighting with the Sudanese government for independence since Sudan obtained it's independence in 1955. Unfortunately even after obtaining independence in 2011, peace did not last long as civil war broke out again in 2013 following a political struggle between the country's President and his Deputy. This on going civil has led to the weakening of the Sudan pounds and as such higher value currency is needed to combat inflation. When the currency was introduced in 2011, it was worth about 3 South Sudan pounds (SSP) to one USD. Today, the rate has gone up to about 130+ SSP.
As per all previous issues, the front of the note bears the portrait of the late John Garang de Mabior (1945 - 2005). John Garang was the revolution leader of the Sudan People's Liberation Army, who was involved in the Second Sudanese Civil War. He died in a helicopter crash in July 2005. On the back of the note is a bird's-eye view of the winding River Nile. The design on the back is very similar to the 25 Piasters note issued 2011.
Signatures:
Governor - Othom Rago Ajak
Minister of Finance - Stephen Dhieu Dau Ayik
Five Hundred Pounds
Dated 2018 |
Reverse |
No comments:
Post a Comment