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The South Sudanese Pound (SSP) is the official currency of South Sudan, introduced in July 2011 after the country's independence from Sudan. It is used as a medium of exchange for goods and services, facilitating trade and economic activities within the nation.
The Euro (EUR) is the official currency of the Eurozone, which consists of 19 of the 27 European Union member states. It was introduced in 1999 and has become the second most traded currency in the world, following the United States dollar. The Euro facilitates easier trade and travel among member countries by eliminating the need for currency exchange and providing a stable economic framework.