Author Topic: South Sudan to issue coins on July 9, 2015  (Read 11585 times)

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Offline onecenter

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Re: South Sudan to issue coins on July 9, 2015
« Reply #45 on: June 18, 2016, 06:54:24 PM »
I particularly like the giraffes on the 1-pound coins. :)
« Last Edit: June 20, 2016, 03:10:46 PM by onecenter »
Mark

Offline Jostein

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Re: South Sudan to issue coins on July 9, 2015
« Reply #46 on: June 20, 2016, 12:46:19 PM »
It is so curious the launch of this coins cause in the beginning, the South Sudanese pound was at pair with Sudanese pound at around 6 Pounds per Euro. Right now, the South Sudanese Pound has lost most of their value (from 6 to 45 Pounds per Euro):

2 pounds coin >4 Euro cents
1 pound coin > 2 cents
50 cents > 1 cent
20 cents > 0,5 cents (needing two coins to have 1 cent)
10 piastres > 0,2 cents (needing five coins!! to have a single cent  :o)

This reminds me when Nigeria issued their second coin series of 2 and 1 Naira and 50 Kobo, with values of 2 and 1 cent and 0,5 cents...something that I never understood.

 ;)
"Change is the law of life. And those who look only to the past or present are certain to miss the future" - John F. Kennedy

http://www.bimetallic-coins.com

Offline Pabitra

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Re: South Sudan to issue coins on July 9, 2015
« Reply #47 on: June 20, 2016, 04:34:02 PM »
The countries which do not have their own mint, face this problem when the inflation shoots up in the period between placement of order and receipt of the coins. I understand the same happened with Syria and Venezuela in recent times. The situation was so bad that even shipment would have cost more than face value of coins and therefore mints were request to scrap them before shipping. Iraq series was also never released in the country for which it was ordered.

Offline Enlil

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Re: South Sudan to issue coins on July 9, 2015
« Reply #48 on: July 05, 2016, 07:49:04 AM »
I read that the Value of the Pound is not at 50 to US$1.

Offline idiotghost

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Re: South Sudan to issue coins on July 9, 2015
« Reply #49 on: July 22, 2019, 08:12:40 PM »
South Sudan - 2 x Different - Bimetal Bi-Metallic Bi-Metal Coin - TOP Brilliant

New South Sudan coins listed on Amazon India for 1 & 2 Pounds.