A brand new currency will rank high among the trappings of sovereignty that the Republic of South Sudan is expected to acquire after the formal proclamation of its independence in early July.
The National Congress Party and the Sudan People’s Liberation Movement (SPLM) reached an agreement in March giving the south a green light to issue its own national currency after last January’s Southern Sudan referendum on self-determination produced a landslide vote in favour of secession from the rest of the country.
The South Sudan pound will feature the visage of the late SPLM founder John Garang de Mabior on the front of the bank note. A variety of well-known landmarks like the White Nile River and illustrations depicting some of the new country’s natural resources will adorn the back.
The currency will be issued in six denominations ranging from one pound to 100, and four different coins will have values of one, five, 25 and 50 piastres.
The South Sudan pound will becomethe world’s 161stnational currency, according to the World Factbook of the U.S. Central Intelligence Agency’s website. Some currency experts have already hailed its imminent debut.
“Great news for banknote collectors, there will be a new currency coming very soon,” trumpeted the Jays World Banknotes website last March. “This currency could possibly circulate as soon as this summer!”
Finance and Economic Planning Minister of the Government of Southern Sudan (GoSS) David Deng Athorbei told In Sudan that printing the bank notes has already commenced in a foreign country that he declined to disclose on grounds that its identity was “confidential”.
But press reports of a 29 March news briefing he addressed in Juba quoted the minister as saying that printing is taking place somewhere in Europe. Initial deliveries of the bank notes are expected after Southern Sudan officially becomes an independent country on 9 July.
Introduction of the new currency will gradually bring to an end the use of today’s Sudanese pound in the south that was created under the terms of the 2005 Comprehensive Peace Agreement (CPA).
During the Kenyan-mediated peace talks, SPLM negotiators insisted on replacing the Sudanese dinar as one more symbol of the Arabization that successive governments in Khartoum had sought to impose on southern Sudan.
Mr. Athorbei said the SPLM had tried to print its own currency before the end of the country’s second civil war. “We almost succeeded, but it was blocked because the Sudan government threatened to sue companies that were printing the money for us,” he said.
Sudan’s current monetary unit had a value of 2 Sudanese pounds to the U.S. dollar when it began circulating in 2007. Bank of Southern Sudan President Elijah Malok declined to say in advance at what exchange rate the new currency would be fixed when it makes its first appearance later this year.
Mr. Athorbei said that the South Sudan pound’s value would be subject to a “managed float” regime under which its exchange rate will be permitted to fluctuate on a daily basis.
But the degree of that fluctuation will be controlled by the South Sudanese central bank’s purchase and sale of currencies.
“This is going to protect our money because we have just come out of war,” said the GoSS finance minister. “I expect the South Sudan pound to be strong.”
The Sudanese pound should be completely phased out in the south by year’s end, while it will be retained in northern Sudan. Awad Abushouk, general manager of the Central Bank of Sudan’s (CBoS) issuance department in Khartoum, denied earlier reports that Khartoum might convert to another currency or revert back to the dinar, in use until 2007.
Mr. Abushouk noted that northern and southern finance authorities were discussing means of “resumption”, or compensation for the amount of pounds accumulated at CBoS’ Juba branch, which could be in US dollars or Euros, for instance.
While Juba was preparing for its new currency, North Sudan was aiming to issue the “second edition” of the Sudanese pound around July, said the issuance chief, based on CBoS’ forecasts about new currency demand.
Demand was calculated based on several variables, including trends of inflation rate, gross domestic product, increase in commercial activities like gold mining, and deterioration of existing banknotes, which in turn had to be destroyed.
While Khartoum would issue no new denominations of banknotes, the one-pound note might be changed into coin, said Mr. Abushouk. It has a fast rate of deterioration, becoming unusable within six months of circulation, which makes it a rather costly commodity.
So, wie ich das verstehe, soll die (Nord-)Sudanesische 1-Pfund-Banknote durch eine Münze ersetzt werden und der Südsudan eine komplett neue Währung einführen.
Weiß jemand mehr bzw. kann jemand mit guten Englischkenntnissen mehr aus dem Text rauslesen?
So gut sind meine Englischkenntnisse auch wieder nicht, daß ich aus dem Text was neues rauslesen könnte.
Aber im Südsudan gabs ja vom 9. bis 15. Januar 2011 ein Unabhängigkeitsreferendum, nach dem sich die Mehrheit der Wähler für die Unabhängigkeit des Südsudan aussprachen. Im Zuge dessen ist auch beabsichtigt, in dieser Region eine eigene Währung einzuführen.
Soweit ich weiß ist man bisher aber nicht über den Stand von Absichtserklärungen hinaus gekommen.
...na ich meine doch bezüglich der Währung.
Bisher habe ich die noch nicht gesehen. In der Regel gibts die doch schon immer vorab.
Ach das meintest du...
Aber Text aus dem Startbeitrag stammt von einer Seite der "United Nations", müsste also was dran sein (oder ich verstehe den Text falsch...).
JUBA, 12 July 2011 – The South Sudan Pound (SSP), the new currency of the Republic of South Sudan, will be released into the market by Monday 18 July 2011, Mr. Elijah Malok the head of the Central Bank of South Sudan has said.
Addressing the media at the bank’s premises this morning, Mr. Malok also announced that the new currency will exchange 1:1 to the Sudan Pound (SDG) in the meantime but added that the value may change in the coming days based on market factors.
Mr. Malok also reported that negotiations are underway with the Central Bank of Sudan to redeem the old currency from South Sudan which he estimated to be about 1.5 to 2 billion. He said the value at which the old currency will be redeemed is still being negotiated.
He also announced that the international exchange rate of the new currency is still being calculated. Nonetheless, he announced that it will be through a managed float system. He explained that the exchange rate will be determined by market forces in the region and beyond. He announced that the exchange rate will be known within a period of one week.
Mr. Malok also announced that a committee to sensitize the public about the new currency began the mobilization exercise this morning. He said that the bank will establish exchange centres to which citizens will return the old currency in exchange for the new one.
Portraits of the front and back of the 25 South Sudan Pound note.
[Photo: Matata Safi]
He also said that South Sudan will not ban the old currency. He explained that it may be used for cross-border trade transactions. However, he said that its continued use would depend on whether the Sudan chooses to keep it or not.
The Central Bank leader also displayed the new currency to the media. He announced that there will be six denominations – 1, 5, 10, 25, 50, 100 – but added that lower denominations in the form of coins are still being minted.
Mr. Malok said that the Central Bank of South Sudan Bill is still before the South Sudan Legislative Assembly but expressed confidence that it will be passed in due course. He clarified that even though he signed the new currency as “governor”, he is not yet officially appointed to the new position.
He also said that the bank is not able to state the anticipated inflation levels. He explained, however, that inflation in the region, especially in Uganda and Kenya, will affect the new country in the short-term until it is able to tilt the trade balance in its favour.
The press conference was also attended by H.E. Dr. Barnaba Marial Benjamin, the minister for Information, Government of South Sudan; Mr. Mustafa Biong Majak, the Director General of Information; as well as senior officers of the bank
Das südsudanesische Pfund wird laut diesem Artikel am 18.Juli also bereits am Montag. Es wird wie ich das verstanden habe sechs Banknoten im Wert von 1,5,10,25,50 und 100 Pfund geben. Zudem werden gerade Münzen mit niedrigeren Wert geprägt.
The Governor of the Central Bank of South Sudan, Kornelio Koryom, has said that the South Sudan pound coins will come into circulation this month.
The Governor told a press conference at the Bank's premises in Juba, that the coins will be in the amounts of 1, 5, 25 and 50 piasteries. He also also explained that all old Sudanese Pounds will be kept in the bank stores, pending a political agreement on currency exchange between Khartoum and Juba.
South Sudan introduced its own currency in July shortly after the country gained its independence from the North. An estimated 2.1 billion US dollars worth of Sudanese currency has been exchanged for the new pound.
So, wie ich das verstehe, soll die (Nord-)Sudanesische 1-Pfund-Banknote durch eine Münze ersetzt werden und der Südsudan eine komplett neue Währung einführen.
Teil 1 wurde bereits erfüllt-die 1 Pound Banknote durch eine Münze ersetzt-->Bild
Im Ru-Net die ertste Bilder der angeblich neuen Münzen von SüdSudan aufgetaucht. Ob es eine offizielle Ausgabe ist? Oder was ähnliches wie die Euros aus Kasachstan oder Turkmenistan
Lassen wir uns überraschen.
Bild von 20 Pound bei der
coins.numizmat.net gefunden
The Governor of the Central Bank of South Sudan, Kornelio Koryom, has said that the South Sudan pound coins will come into circulation this month.
Das hatte ich nicht gesehen. Dafür hätte ich sie auch eingepackt.
Linear-Darstellung
