NZD to SSP Exchange Rate - Convert New Zealand Dollar to South Sudanese pound

Converting from New Zealand Dollar (NZD) to South Sudanese Pound (SSP)

What is New Zealand Dollar (NZD)

The New Zealand Dollar (NZD) is the official currency of New Zealand, also used in the Cook Islands, Niue, Tokelau, and the Pitcairn Islands. Symbolized by "$" or "NZ$" to distinguish it from other dollar-denominated currencies, the NZD is subdivided into 100 cents.

Introduced in 1967, the New Zealand Dollar replaced the New Zealand pound, modernizing the country’s currency system. It is issued by the Reserve Bank of New Zealand, which oversees monetary policy and ensures the stability of the currency. The NZD is widely traded on the forex market and has gained popularity as a "commodity currency" due to New Zealand’s robust agricultural sector, which prominently features dairy, meat, and wool exports.

The strength of the NZD can be influenced by various factors, including global commodity prices, interest rates, and economic data releases. For instance, when global commodity prices rise, the NZD often strengthens against other currencies. Exchange rates can fluctuate significantly, and it is essential for individuals and businesses engaging in international transactions to stay informed about current rates.

What is South Sudanese Pound (SSP)

The South Sudanese Pound (SSP) is the official currency of South Sudan, introduced in 2011 after the country gained independence from Sudan. The SSP is symbolized by "£" and is subdivided into 100 piastres. The Central Bank of South Sudan is responsible for issuing and regulating the currency.

Since its introduction, the SSP has faced challenges due to various economic factors that have led to inflation and currency depreciation. The economy of South Sudan heavily relies on oil exports, which makes it vulnerable to fluctuations in global oil prices. In times of economic distress, the SSP may experience significant depreciation against major currencies like the USD or the NZD.

For those looking to convert NZD to SSP, understanding the current exchange rate is crucial. The conversion process typically involves checking the latest rates through banks or online forex platforms. The exchange rate can differ depending on where you convert your money. It is advisable to consider transaction fees that may apply during conversions, as they can impact the total amount received.

In conclusion, converting from NZD to SSP requires an understanding of both currencies and the factors that influence their exchange rates. Whether you are traveling, investing, or conducting trade, keeping informed about currency trends can help you make more informed financial decisions.

New Zealand Dollar to South Sudanese pound conversion table

NZD to SSP conversion table

New Zealand Dollar (NZD)South Sudanese pound (SSP)
1 NZD2 593.0048539808 SSP
2 NZD5 186.00970796161 SSP
3 NZD7 779.01456194241 SSP
4 NZD10 372.01941592322 SSP
5 NZD12 965.02426990402 SSP
6 NZD15 558.02912388482 SSP
7 NZD18 151.03397786563 SSP
8 NZD20 744.03883184643 SSP
9 NZD23 337.04368582724 SSP
10 NZD25 930.04853980804 SSP
100 NZD259 300.4853980804 SSP
200 NZD518 600.9707961608 SSP
300 NZD777 901.4561942412 SSP
400 NZD1 037 201.94159232161 SSP
500 NZD1 296 502.42699040201 SSP
600 NZD1 555 802.91238848241 SSP
700 NZD1 815 103.39778656281 SSP
800 NZD2 074 403.88318464321 SSP
900 NZD2 333 704.36858272361 SSP
1 000 NZD2 593 004.85398080402 SSP
2 000 NZD5 186 009.70796160803 SSP
5 000 NZD12 965 024.26990402008 SSP
10 000 NZD25 930 048.53980804015 SSP
20 000 NZD51 860 097.0796160803 SSP
50 000 NZD129 650 242.69904020075 SSP
100 000 NZD259 300 485.39808040151 SSP
Last updated March 17, 2025 at 09:55 PM