MYR to SSP Exchange Rate - Convert Malaysian Ringgit to South Sudanese pound

Converting from Malaysian Ringgit (MYR) to South Sudanese Pound (SSP)

What is Malaysian Ringgit (MYR)

The Malaysian Ringgit, abbreviated as MYR, is the official currency of Malaysia. It is recognized by the symbol RM and is subdivided into 100 sen. Since its introduction in 1975, the Ringgit has gone through various phases of value adjustments and economic reforms. The Central Bank of Malaysia, known as Bank Negara Malaysia, is responsible for issuing and managing the currency.

The MYR is used in various forms, including coins and banknotes. Banknotes come in denominations of RM1, RM5, RM10, RM20, RM50, and RM100, while coins are available in RM0.05, RM0.10, RM0.20, RM0.50, and RM1. The currency is fairly stable and is affected by Malaysia’s economic performance, including exports, imports, inflation, and foreign investments.

In international trade, the Malaysian Ringgit is often traded against major currencies such as the US dollar (USD), euro (EUR), and British pound (GBP). As Malaysia is a prominent exporter of goods like palm oil, electronics, and petrochemicals, the Ringgit's value can fluctuate based on global market conditions.

What is South Sudanese Pound (SSP)

The South Sudanese pound, denoted as SSP, is the official currency of South Sudan. It was adopted in July 2011 following the country's independence from Sudan. The currency symbol is often represented as £SS, although this can sometimes lead to confusion with the British pound. The South Sudanese pound is divided into 100 piastres.

The South Sudanese pound has undergone significant changes since its introduction. Due to economic challenges, including inflation and political instability, the SSP has experienced a depreciation in value. The Central Bank of South Sudan is tasked with regulating the currency and ensuring its integrity in the market.

Currently, banknotes of the SSP are issued in denominations of 1, 5, 10, 20, 50, 100, and 500 pounds. However, due to inflation, many transactions take place in cash, and people often use large bundles of bills for even small purchases.

Converting from MYR to SSP involves looking at the current exchange rate, which can vary based on market dynamics. To convert Malaysian Ringgit to South Sudanese pounds, you can use the formula:

Amount in SSP = Amount in MYR × Current Exchange Rate (MYR to SSP)

For those dealing in either currency, it's essential to stay updated on the latest exchange rates to ensure accurate transactions. Always check with banks or official currency converters for the most reliable rates before making trades or purchases.

Malaysian Ringgit to South Sudanese pound conversion table

MYR to SSP conversion table

Malaysian Ringgit (MYR)South Sudanese pound (SSP)
1 MYR1 002.28930883338 SSP
2 MYR2 004.57861766675 SSP
3 MYR3 006.86792650013 SSP
4 MYR4 009.1572353335 SSP
5 MYR5 011.44654416688 SSP
6 MYR6 013.73585300025 SSP
7 MYR7 016.02516183363 SSP
8 MYR8 018.314470667 SSP
9 MYR9 020.60377950038 SSP
10 MYR10 022.89308833375 SSP
100 MYR100 228.93088333754 SSP
200 MYR200 457.86176667508 SSP
300 MYR300 686.79265001262 SSP
400 MYR400 915.72353335015 SSP
500 MYR501 144.65441668769 SSP
600 MYR601 373.58530002523 SSP
700 MYR701 602.51618336277 SSP
800 MYR801 831.44706670031 SSP
900 MYR902 060.37795003785 SSP
1 000 MYR1 002 289.30883337539 SSP
2 000 MYR2 004 578.61766675077 SSP
5 000 MYR5 011 446.54416687693 SSP
10 000 MYR10 022 893.08833375387 SSP
20 000 MYR20 045 786.17666750774 SSP
50 000 MYR50 114 465.44166876934 SSP
100 000 MYR100 228 930.88333753868 SSP
Last updated April 2, 2025 at 11:59 PM