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).

Australian Dollar

Australian Dollar

The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including its external territories Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, Tonga, Tuvalu, and Vanuatu. The Australian dollar was legal tender of Papua New Guinea until 1 January 1976, when the Papua New Guinean kina became the sole legal tender. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. In 2016, the Australian dollar was the fifth most traded currency in the world, accounting for 6.9% of the world's daily share (down from 8.6% in 2013). It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling. The Australian dollar is popular with currency traders, because of the comparatively high interest rates in Australia, the relative freedom of the foreign exchange market from government intervention, the general stability of Australia's economy and political system, and the prevailing view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle. The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

422 Somali Shilling to Australian Dollar exchange rates chart

422 SOS to AUD exchange rates graph
422 SOS to AUD 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.

422 SOS to AUD exchange rates table

Exchange SOS to AUD
422 Somali Shilling = 1.015 Australian Dollar
844 Somali Shilling = 2.030 Australian Dollar
2110 Somali Shilling = 5.075 Australian Dollar
4220 Somali Shilling = 10.149 Australian Dollar
Exchange Somali Shilling to Australian Dollar
422 Somali Shilling to Australian Dollar 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.

422 SOS to AUD 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
Dollar gains, but outlook suggests weak trend

The dollar rose against the euro on Friday, boosted by technical factors after the single currency hit key resistance levels, even as the greenback's outlook remained bleak amid cautious signals from the Federal Reserve about further rate hikes.

7 days indicative negative
Key indicators from the Australian economy in 2018

There is little doubt that 2018 was a year of ups and downs in many sectors as worldwide volatility attempted to undermine what could otherwise have been a year of gains in certain areas.

18 days conditional neutral
Vital Signs: 35 extraordinary years. What the float of Australian dollar bought us

Floating the dollar 35 years ago was a leap into the unknown. Here's how it has served us well.

about 1 month conditional neutral

422 SOS to AUD currency converter