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 563.67162367749 SSP
2 NZD5 127.34324735498 SSP
3 NZD7 691.01487103247 SSP
4 NZD10 254.68649470996 SSP
5 NZD12 818.35811838744 SSP
6 NZD15 382.02974206493 SSP
7 NZD17 945.70136574242 SSP
8 NZD20 509.37298941991 SSP
9 NZD23 073.0446130974 SSP
10 NZD25 636.71623677489 SSP
100 NZD256 367.1623677489 SSP
200 NZD512 734.3247354978 SSP
300 NZD769 101.4871032467 SSP
400 NZD1 025 468.64947099559 SSP
500 NZD1 281 835.81183874449 SSP
600 NZD1 538 202.97420649339 SSP
700 NZD1 794 570.13657424229 SSP
800 NZD2 050 937.29894199119 SSP
900 NZD2 307 304.46130974009 SSP
1 000 NZD2 563 671.62367748899 SSP
2 000 NZD5 127 343.24735497797 SSP
5 000 NZD12 818 358.11838744493 SSP
10 000 NZD25 636 716.23677488986 SSP
20 000 NZD51 273 432.47354977971 SSP
50 000 NZD128 183 581.18387444928 SSP
100 000 NZD256 367 162.36774889856 SSP
Last updated March 14, 2025 at 11:55 PM