Somali Shilling

Somali Shilling

Somali Shilling overview

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).

1 SOS to USD exchange rates chart

SOS to  exchange rates chart

Somali Shilling 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
The surprising place where cash is going extinct

Somaliland, a self-declared republic in East Africa, faces high illiteracy and has an economy ravaged by a civil war. But it might just become the first cashless society on Earth.

over 1 year indicative positive
US Secret Service helps the world’s most corrupt country to identify fake dollars
US Secret Service helps the world’s most corrupt country to identify fake dollars

In Somalia, counterfeit currency is a serious problem.

over 1 year indicative negative
Somalis warned against paying al Shabaab taxes or face sanctions

Somalia's security minister Mohamed Abukar Dualle and the various security chiefs addressed the press on Saturday threatening, among others, to seize businesses who pay any money to the insurgent grou

over 1 year conditional negative
Somalia: People in Galkacyo Turn Down Somali Shillings, Use Foreign Currency Instead
Somalia: People in Galkacyo Turn Down Somali Shillings, Use Foreign Currency Instead

GALKACYO, Somalia July 20 (Horn Observer) The traders here in Galkacyo started to reject the use of the Somali Shilling note, the second major town to turn down the Somali currency in a matter of weeks.

over 1 year subjunctive negative

SOS currency converter