Somali Shilling

Somali Shilling

The Somali shilling (sign: Sh.So.; Somali: shilin; Arabic: شلن‎; Italian: scellino; ISO 4217: SOS) is the official currency of Somalia. It is subdivided into 100 senti (Somali, also سنت), cents (English) or centesimi (Italian).

South African Rand

South African Rand

The rand (sign: R; code: ZAR) is the currency of South Africa. The Rand is subdivided into 100 cents (sign: "c"). The ISO 4217 code is ZAR, from Dutch Zuid-Afrikaanse Rand (South African Rand). The Rand is legal tender in the Common Monetary Area between South Africa, Swaziland, Lesotho, and Namibia, although the last three countries do have their own currencies pegged at par with rand. Before 1976, the rand was legal tender in Botswana.

41 Somali Shilling to South African Rand exchange rates chart

41 SOS to ZAR exchange rates graph
41 SOS to ZAR Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

41 SOS to ZAR exchange rates table

Exchange SOS to ZAR
41 Somali Shilling = 0.982 South African Rand
82 Somali Shilling = 1.963 South African Rand
205 Somali Shilling = 4.908 South African Rand
410 Somali Shilling = 9.815 South African Rand
Exchange Somali Shilling to South African Rand
41 Somali Shilling to South African Rand Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

41 SOS to ZAR exchange rates news

Somalia Market Update: October 2018 Update (Issued November 20, 2018) - Somalia

English Situation Report on Somalia about Agriculture, Food and Nutrition and Drought; published on 20 Nov 2018 by FSNAU

about 2 months indicative neutral
Somaliland's world-leading move towards a cashless culture

A breakaway region in the Horn of Africa isn’t the obvious setting for a technological revolution

2 months indicative positive
DP World investment boosts Somaliland's push for sovereignty

President Muse Behi Abdi hopes other global firms will follow suit in breakaway region

2 months conditional positive
Somalia Market Update: September 2018 Update (Issued October 18, 2018) - Somalia

English Situation Report on Somalia about Agriculture, Food and Nutrition and Drought; published on 18 Oct 2018 by FSNAU

2 months indicative positive
Rand gains ahead of GDP data

The rand moved in tandem with other emerging markets which have been buoyed by thaw in tensions between the world’s top two economies as presidents Donald Trump and Xi Jinping struck a deal at the G20 summit over the weekend in Argentina.

about 1 month conditional positive
South Africa's Rand Falls to 2-Year Low As Turkey Rout Spreads

Magnitude of rand's slide came after three days of heavy losses and caught South African Reserve Bank by surprise, but deputy governor at bank told Reuters that regulator was 'nowhere near' intervening to support currency

about 2 months conditional positive

41 SOS to ZAR currency converter