Somali shilling

The Somali shilling is the currency of Somalia (SO)
1 SOS = 0.003 AUD
1 AUD = 376.376 SOS
1 SOS = 2.212 ARS
1 ARS = 0.452 SOS
1 SOS = 5.216 BIF
1 BIF = 0.192 SOS
1 SOS = 0.001 BHD
1 BHD = 1517.455 SOS
1 SOS = 0.012 BOB
1 BOB = 82.626 SOS
1 SOS = 0.003 AZN
1 AZN = 335.625 SOS
1 SOS = 0.151 BTN
1 BTN = 6.603 SOS
1 SOS = 0.885 CRC
1 CRC = 1.130 SOS
1 SOS = 0.037 CZK
1 CZK = 27.343 SOS
1 SOS = 0.013 CNY
1 CNY = 79.746 SOS
1 SOS = 0.011 DKK
1 DKK = 89.906 SOS
1 SOS = 0.241 ETB
1 ETB = 4.144 SOS
1 SOS = 15.206 GNF
1 GNF = 0.066 SOS
1 SOS = 0.012 HRK
1 HRK = 81.270 SOS
1 SOS = 28.556 IDR
1 IDR = 0.035 SOS
1 SOS = 0.280 JMD
1 JMD = 3.565 SOS
1 SOS = 0.153 KGS
1 KGS = 6.528 SOS
1 SOS = 0.003 BAM
1 BAM = 343.148 SOS
1 SOS = 0.003 ANG
1 ANG = 316.791 SOS
1 SOS = 0.024 BWP
1 BWP = 40.845 SOS
1 SOS = 0.002 BND
1 BND = 446.555 SOS
1 SOS = 5.101 CDF
1 CDF = 0.196 SOS
1 SOS = 0.004 BZD
1 BZD = 283.732 SOS
1 SOS = 57.388 BYR
1 BYR = 0.017 SOS
1 SOS = 0.003 BGN
1 BGN = 343.148 SOS
1 SOS = 0.002 CAD
1 CAD = 418.393 SOS
1 SOS = 0.227 DZD
1 DZD = 4.412 SOS
1 SOS = 0.026 ERN
1 ERN = 38.038 SOS
1 SOS = 0.086 EGP
1 EGP = 11.628 SOS
1 SOS = 0.004 FJD
1 FJD = 254.941 SOS
1 SOS = 0.001 GBP
1 GBP = 770.821 SOS
1 SOS = 0.001 FKP
1 FKP = 770.821 SOS
1 SOS = 0.013 GTQ
1 GTQ = 74.357 SOS
1 SOS = 0.014 HKD
1 HKD = 72.683 SOS
1 SOS = 0.592 HUF
1 HUF = 1.688 SOS
1 SOS = 2.295 IQD
1 IQD = 0.436 SOS
1 SOS = 73.802 IRR
1 IRR = 0.014 SOS
1 SOS = 0.733 KMF
1 KMF = 1.364 SOS
1 SOS = 2.404 KRW
1 KRW = 0.416 SOS
1 SOS = 0.145 ALL
1 ALL = 6.878 SOS
1 SOS = 0.214 BDT
1 BDT = 4.683 SOS
1 SOS = 0.003 AWG
1 AWG = 318.750 SOS
1 SOS = 0.010 BRL
1 BRL = 103.189 SOS
1 SOS = 0.000 BCH
1 BCH = 294256.318 SOS
1 SOS = 0.000 BTC
1 BTC = 71320375.000 SOS
1 SOS = 0.006 AED
1 AED = 155.361 SOS
1 SOS = 1.612 AOA
1 AOA = 0.620 SOS
1 SOS = 0.002 BSD
1 BSD = 570.563 SOS
1 SOS = 1.664 CLP
1 CLP = 0.601 SOS
1 SOS = 0.006 BYN
1 BYN = 174.252 SOS
1 SOS = 7.141 COP
1 COP = 0.140 SOS
1 SOS = 0.042 CUP
1 CUP = 23.808 SOS
1 SOS = 0.000 ETH
1 ETH = 2105398.524 SOS
1 SOS = 0.001 EUR
1 EUR = 671.141 SOS
1 SOS = 0.046 HNL
1 HNL = 21.788 SOS
1 SOS = 0.127 GMD
1 GMD = 7.904 SOS
1 SOS = 0.001 GIP
1 GIP = 770.821 SOS
1 SOS = 0.230 HTG
1 HTG = 4.350 SOS
1 SOS = 0.001 JOD
1 JOD = 804.743 SOS
1 SOS = 0.257 JPY
1 JPY = 3.884 SOS
1 SOS = 0.121 AFN
1 AFN = 8.279 SOS
1 SOS = 0.004 BBD
1 BBD = 285.282 SOS
1 SOS = 0.002 BMD
1 BMD = 570.563 SOS
1 SOS = 0.673 AMD
1 AMD = 1.487 SOS
1 SOS = 0.001 CHF
1 CHF = 718.070 SOS
1 SOS = 0.312 DJF
1 DJF = 3.206 SOS
1 SOS = 0.106 DOP
1 DOP = 9.426 SOS
1 SOS = 0.164 CVE
1 CVE = 6.086 SOS
1 SOS = 0.005 GEL
1 GEL = 210.691 SOS
1 SOS = 0.018 GHS
1 GHS = 54.593 SOS
1 SOS = 0.367 GYD
1 GYD = 2.727 SOS
1 SOS = 0.006 ILS
1 ILS = 170.644 SOS
1 SOS = 0.151 INR
1 INR = 6.603 SOS
1 SOS = 0.212 ISK
1 ISK = 4.719 SOS
1 SOS = 7.010 KHR
1 KHR = 0.143 SOS
1 SOS = 0.226 KES
1 KES = 4.416 SOS
1 SOS = 0.001 KWD
1 KWD = 1870.606 SOS
1 SOS = 0.953 KZT
1 KZT = 1.050 SOS
1 SOS = 0.529 LKR
1 LKR = 1.891 SOS
1 SOS = 0.016 MAD
1 MAD = 63.543 SOS
1 SOS = 3.679 MMK
1 MMK = 0.272 SOS
1 SOS = 6.288 MNT
1 MNT = 0.159 SOS
1 SOS = 0.079 MUR
1 MUR = 12.613 SOS
1 SOS = 0.697 MRO
1 MRO = 1.436 SOS
1 SOS = 0.027 MVR
1 MVR = 36.957 SOS
1 SOS = 3.038 MWK
1 MWK = 0.329 SOS
1 SOS = 0.003 NZD
1 NZD = 344.555 SOS
1 SOS = 0.242 NPR
1 NPR = 4.125 SOS
1 SOS = 0.100 PHP
1 PHP = 10.048 SOS
1 SOS = 0.499 PKR
1 PKR = 2.006 SOS
1 SOS = 2.529 RWF
1 RWF = 0.395 SOS
1 SOS = 0.000 LTC
1 LTC = 63978.807 SOS
1 SOS = 0.033 MXN
1 MXN = 30.754 SOS
1 SOS = 0.064 NIO
1 NIO = 15.510 SOS
1 SOS = 0.008 RON
1 RON = 132.317 SOS
1 SOS = 1.577 KPW
1 KPW = 0.634 SOS
1 SOS = 0.001 KYD
1 KYD = 688.062 SOS
1 SOS = 157.165 LBP
1 LBP = 0.006 SOS
1 SOS = 0.009 LYD
1 LYD = 105.592 SOS
1 SOS = 37.726 LAK
1 LAK = 0.027 SOS
1 SOS = 7.722 MGA
1 MGA = 0.130 SOS
1 SOS = 0.351 LRD
1 LRD = 2.846 SOS
1 SOS = 0.092 MKD
1 MKD = 10.878 SOS
1 SOS = 0.031 LSL
1 LSL = 32.321 SOS
1 SOS = 0.014 MOP
1 MOP = 70.566 SOS
1 SOS = 0.030 MDL
1 MDL = 33.693 SOS
1 SOS = 0.031 NAD
1 NAD = 32.321 SOS
1 SOS = 0.007 MYR
1 MYR = 135.321 SOS
1 SOS = 0.001 OMR
1 OMR = 1482.286 SOS
1 SOS = 2.679 NGN
1 NGN = 0.373 SOS
1 SOS = 0.007 PGK
1 PGK = 136.206 SOS
1 SOS = 0.002 PAB
1 PAB = 570.563 SOS
1 SOS = 0.006 PEN
1 PEN = 160.836 SOS
1 SOS = 0.018 NOK
1 NOK = 56.378 SOS
1 SOS = 0.006 PLN
1 PLN = 157.670 SOS
1 SOS = 13.585 PYG
1 PYG = 0.074 SOS
1 SOS = 0.006 QAR
1 QAR = 156.748 SOS
1 SOS = 0.015 SBD
1 SBD = 67.150 SOS
1 SOS = 0.007 SAR
1 SAR = 152.150 SOS
1 SOS = 0.002 SGD
1 SGD = 446.555 SOS
1 SOS = 39.782 SLL
1 SLL = 0.025 SOS
1 SOS = 0.057 THB
1 THB = 17.687 SOS
1 SOS = 0.052 TWD
1 TWD = 19.413 SOS
1 SOS = 0.073 UAH
1 UAH = 13.661 SOS
1 SOS = 6.290 UGX
1 UGX = 0.159 SOS
1 SOS = 0.064 SRD
1 SRD = 15.567 SOS
1 SOS = 36.789 STD
1 STD = 0.027 SOS
1 SOS = 0.071 TRY
1 TRY = 14.088 SOS
1 SOS = 0.012 TTD
1 TTD = 83.968 SOS
1 SOS = 0.004 TOP
1 TOP = 236.994 SOS
1 SOS = 22.228 UZS
1 UZS = 0.045 SOS
1 SOS = 0.422 YER
1 YER = 2.368 SOS
1 SOS = 0.031 ZAR
1 ZAR = 32.321 SOS
1 SOS = 0.175 RSD
1 RSD = 5.729 SOS
1 SOS = 0.139 RUB
1 RUB = 7.194 SOS
1 SOS = 1.000 SOS
1 SOS = 1.000 SOS
1 SOS = 0.015 SVC
1 SVC = 65.207 SOS
1 SOS = 22.788 SYP
1 SYP = 0.044 SOS
1 SOS = 0.031 SZL
1 SZL = 32.321 SOS
1 SOS = 0.005 TND
1 TND = 198.447 SOS
1 SOS = 0.070 UYU
1 UYU = 14.245 SOS
1 SOS = 45.820 VND
1 VND = 0.022 SOS
1 SOS = 0.209 VUV
1 VUV = 4.776 SOS
1 SOS = 0.005 WST
1 WST = 208.426 SOS
1 SOS = 0.977 XAF
1 XAF = 1.023 SOS
1 SOS = 0.005 XCD
1 XCD = 210.810 SOS
1 SOS = 0.026 SCR
1 SCR = 39.078 SOS
1 SOS = 0.017 SEK
1 SEK = 59.884 SOS
1 SOS = 0.001 SHP
1 SHP = 770.821 SOS
1 SOS = 4.516 TZS
1 TZS = 0.221 SOS
1 SOS = 0.002 USD
1 USD = 570.563 SOS
1 SOS = 0.178 XPF
1 XPF = 5.624 SOS
1 SOS = 0.977 XOF
1 XOF = 1.023 SOS

Evolution of the SOS Exchange Rate

The Somali shilling (SOS) exchange rate has experienced significant fluctuations over the years. Since the collapse of the Somali state in 1991, the country's currency has been highly unstable. In the early years, inflation and political instability caused rapid depreciation of the SOS against major currencies like the US dollar and the Euro. The exchange rate in this period was characterized by wild swings and lack of transparency.

Variations in the SOS Exchange Rate

The Somali shilling has faced continuous depreciation against major currencies due to factors such as political instability, shortage of foreign exchange reserves, corruption, and limited access to global financial markets. However, variations in the exchange rate have not followed a consistent pattern, as it is often influenced by short-term economic and political developments within Somalia.

Significance of SOS in the Global Economy

The Somali shilling is not widely recognized in the global economy as it is not a convertible currency. It is primarily used within Somalia and is not accepted for international transactions. The lack of stability and infrastructure for trading the SOS hinders its role in global financial markets.

Shocks Experienced by SOS and Correlation with Other Currencies

The Somali shilling has been subject to various shocks throughout its history, including political unrest, civil war, droughts, and economic instability. These shocks have further exacerbated the depreciation and volatility of the SOS exchange rate. Given the limited integration of the Somali economy with the global economy and the low correlation of the SOS with other major currencies, the impact of these shocks on global financial markets is minimal.