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About this currency pair
South Sudanese Pound (SSP) — the currency of South Sudan
The South Sudanese pound was introduced after South Sudan became independent in 2011. The South Sudanese Pound is used in South Sudan, where it provides the reference for local prices, wages, public payments, bank accounts and invoices. Conversions are commonly used for remittances, import pricing, travel, development projects, commodity trade and comparisons with USD, EUR or regional currencies. The pound name reflects an older sterling-linked monetary tradition, although each pound currency has its own market value.
British Pound Sterling (GBP) — a major international currency
The pound sterling is one of the world’s oldest currencies still in use and remains closely associated with UK prices, wages, banking and financial markets. GBP is also important for travel, ecommerce, invoices, investment reporting and comparisons with EUR and USD, especially because London is a major international financial centre.