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).

Danish Krone

Danish Krone

The krone (Danish pronunciation: [ˈkʁoːnə]; plural: kroner; sign: kr.; code: DKK) is the official currency of Denmark, Greenland and the Faroe Islands, introduced on 1 January 1875. Both the ISO code "DKK" and currency sign "kr." are in common use; the former precedes the value, the latter in some contexts follows it. The currency is sometimes referred to as the Danish crown in English, since krone literally means crown. Historically, krone coins have been minted in Denmark since the 17th century. One krone is subdivided into 100 øre (Danish pronunciation: [ˈøːɐ]; singular and plural), the name øre possibly deriving from Latin aureus meaning "gold coin". Altogether there are eleven denominations of the krone, with the smallest being the 50 øre coin, which is valued at one half of a krone. Formerly there were more øre coins, but those were discontinued due to inflation. The krone is pegged to the euro via the ERM II, the European Union's exchange rate mechanism. Adoption of the euro is favoured by some of the major political parties, however a 2000 referendum on joining the Eurozone was defeated with 53.2% voting to maintain the krone and 46.8% voting to join the Eurozone.

88 Somali Shilling to Danish Krone exchange rates chart

88 SOS to DKK exchange rates graph
88 SOS to DKK 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.

88 SOS to DKK exchange rates table

Exchange SOS to DKK
88 Somali Shilling = 0.987 Danish Krone
176 Somali Shilling = 1.974 Danish Krone
440 Somali Shilling = 4.936 Danish Krone
880 Somali Shilling = 9.871 Danish Krone
Exchange Somali Shilling to Danish Krone
88 Somali Shilling to Danish Krone 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.

88 SOS to DKK 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

88 SOS to DKK currency converter