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1. en.wikipedia.org › wiki › Somali_shillingSomali shilling - Wikipedia

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   The shilling has been the currency of parts of Somalia since 1921, when the East African shilling was introduced to the former British Somaliland protectorate.Following the 1960 independence and unification of the former territories of British Somaliland and Italian Somaliland, their respective currencies, the East African shilling and somalo (which were equal in value) were replaced at par in ...

   • Somaliland shilling

     The Somaliland shilling was introduced on 18 October 1994 at...

   • Shilling

     The Somali shilling is the official currency of Somalia. It...

2. www.supermoney.com › encyclopedia › somalia-currencyThe Somali Shilling: Definition, Historical Impact, and ...

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   Mar 15, 2024 · The Somali Shilling (SOS) is the official currency of Somalia, symbolized by the abbreviation “So. Sh.” or “SOS.”. It is issued and regulated by the Central Bank of Somalia. The Somali Shilling is subdivided into 100 cents and is primarily used for domestic transactions within Somalia.

3. People also ask

   When did the Somali shilling become legal tender?

   • The Somaliland shilling was introduced on 18 October 1994 at a rate of Sl.So.1/- to So.Sh. 100/-. The Somali shilling ceased to be accepted as legal tender in Somaliland on 31 January 1995. The Somaliland shilling is pegged to the United States dollar at a rate of Sl.Sh.580/12 to US$1.

   Somaliland shilling - Wikipedia

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   What is a Somali shilling?

   • In 1976, when Somali names for the denominations were introduced, coins were issued in the name of the Somali Democratic Republic for 5, 10 and 50 senti and 1 shilling. The shilling was pegged to sterling at a rate of 20 shillings to one pound sterling, making the Somali shilling equivalent to the British shilling.

   Somali shilling - Wikipedia

   en.wikipedia.org/wiki/Somali_shilling

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   What currency did Somaliland use after independence?

   • Following the 1960 independence and unification of the former territories of British Somaliland and Italian Somaliland, their respective currencies, the East African shilling and somalo (which were equal in value) were replaced at par in 1962 by the Somali shilling.

   Somali shilling - Wikipedia

   en.wikipedia.org/wiki/Somali_shilling

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   When did the Somali shilling re-launch?

   • In 2016, the Federal Government of Somalia (FGS) announced plans to re-launch the Somali shilling (SoSh), which had its last official printing before the state collapsed in 1991. The article takes this pivotal moment to address the following three questions: (i) Why has the stateless SoSh persisted?

   Trusting in Somalia’s stateless money: The persistence of the Somali

   academic.oup.com/afraf/article/120/478/103/6118574

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4. www.bbc.com › future › articleThe surprising place where cash is going extinct - BBC

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   Sep 12, 2017 · Somaliland broke away from Somalia in 1991 at the start of the country’s deadly civil war – a conflict that has continued in different forms to this day. The shilling also experienced a ...

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5. academic.oup.com › afraf › articleTrusting in Somalia’s stateless money: The persistence of the ...

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   Jan 25, 2021 · A similar point is made for Somaliland where the Somaliland Shilling (SomSh) is for the ‘small bite’ (small purchases) rural economy and the USD for the ‘big bite’ (large purchases) urban economy. 57 Limited access to the USD also helps to explain why approximately 90 percent of Somalis recently expressed interest in having mobile money ...

6. www.google.com › finance › quoteUSD/SOS Currency Exchange Rate & News - Google Finance

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   The Somali shilling is the official currency of Somalia. It is subdivided into 100 senti, cents or centesimi. Wikipedia. Discover more. You may be interested in. info.