South Sudan's 1000 Pound note entered circulation against a backdrop of chronic hyperinflation that had already rendered smaller denominations nearly useless for everyday transactions. When the country introduced the South Sudanese Pound at independence in 2011, the highest denomination was 100 Pounds; the jump to 1000 reflects just how badly the currency had been eroded by years of civil war and oil revenue collapse.
De La Rue's involvement is unremarkable for the region — the printer holds contracts across much of Anglophone Africa — but the relatively modest security package on this note, limited to a watermark and security thread, sits at the lower end of what De La Rue typically delivers for high-denomination issues.
South Sudan's 1000 Pound note entered circulation against a backdrop of chronic hyperinflation that had already rendered smaller denominations nearly useless for everyday transactions. When the country introduced the South Sudanese Pound at independence in 2011, the highest denomination was 100 Pounds; the jump to 1000 reflects just how badly the currency had been eroded by years of civil war and oil revenue collapse.
De La Rue's involvement is unremarkable for the region — the printer holds contracts across much of Anglophone Africa — but the relatively modest security package on this note, limited to a watermark and security thread, sits at the lower end of what De La Rue typically delivers for high-denomination issues.