Somali shilling

The Somali shilling is the currency of Somalia (SO)
1 SOS = 0.003 AUD
1 AUD = 375.725 SOS
1 SOS = 2.207 ARS
1 ARS = 0.453 SOS
1 SOS = 5.219 BIF
1 BIF = 0.192 SOS
1 SOS = 0.001 BHD
1 BHD = 1516.489 SOS
1 SOS = 0.012 BOB
1 BOB = 82.562 SOS
1 SOS = 0.003 AZN
1 AZN = 335.412 SOS
1 SOS = 0.151 BTN
1 BTN = 6.602 SOS
1 SOS = 0.886 CRC
1 CRC = 1.129 SOS
1 SOS = 0.037 CZK
1 CZK = 27.295 SOS
1 SOS = 0.013 CNY
1 CNY = 79.652 SOS
1 SOS = 0.011 DKK
1 DKK = 89.863 SOS
1 SOS = 0.240 ETB
1 ETB = 4.162 SOS
1 SOS = 15.209 GNF
1 GNF = 0.066 SOS
1 SOS = 0.011 HRK
1 HRK = 89.016 SOS
1 SOS = 28.554 IDR
1 IDR = 0.035 SOS
1 SOS = 0.281 JMD
1 JMD = 3.560 SOS
1 SOS = 0.153 KGS
1 KGS = 6.519 SOS
1 SOS = 0.003 BAM
1 BAM = 342.916 SOS
1 SOS = 0.003 ANG
1 ANG = 316.619 SOS
1 SOS = 0.024 BWP
1 BWP = 40.957 SOS
1 SOS = 0.002 BND
1 BND = 446.410 SOS
1 SOS = 5.103 CDF
1 CDF = 0.196 SOS
1 SOS = 0.004 BZD
1 BZD = 283.512 SOS
1 SOS = 57.436 BYR
1 BYR = 0.017 SOS
1 SOS = 0.003 BGN
1 BGN = 342.916 SOS
1 SOS = 0.002 CAD
1 CAD = 418.864 SOS
1 SOS = 0.227 DZD
1 DZD = 4.398 SOS
1 SOS = 0.026 ERN
1 ERN = 38.013 SOS
1 SOS = 0.086 EGP
1 EGP = 11.616 SOS
1 SOS = 0.004 FJD
1 FJD = 254.758 SOS
1 SOS = 0.001 GBP
1 GBP = 773.814 SOS
1 SOS = 0.001 FKP
1 FKP = 773.814 SOS
1 SOS = 0.013 GTQ
1 GTQ = 74.307 SOS
1 SOS = 0.014 HKD
1 HKD = 72.637 SOS
1 SOS = 0.594 HUF
1 HUF = 1.683 SOS
1 SOS = 2.297 IQD
1 IQD = 0.435 SOS
1 SOS = 73.705 IRR
1 IRR = 0.014 SOS
1 SOS = 0.734 KMF
1 KMF = 1.363 SOS
1 SOS = 2.413 KRW
1 KRW = 0.414 SOS
1 SOS = 0.146 ALL
1 ALL = 6.868 SOS
1 SOS = 0.214 BDT
1 BDT = 4.681 SOS
1 SOS = 0.003 AWG
1 AWG = 318.547 SOS
1 SOS = 0.010 BRL
1 BRL = 103.226 SOS
1 SOS = 0.000 BCH
1 BCH = 289735.772 SOS
1 SOS = 0.000 BTC
1 BTC = 71275000.000 SOS
1 SOS = 0.006 AED
1 AED = 155.262 SOS
1 SOS = 1.605 AOA
1 AOA = 0.623 SOS
1 SOS = 0.002 BSD
1 BSD = 570.200 SOS
1 SOS = 1.665 CLP
1 CLP = 0.601 SOS
1 SOS = 0.006 BYN
1 BYN = 174.107 SOS
1 SOS = 7.086 COP
1 COP = 0.141 SOS
1 SOS = 0.042 CUP
1 CUP = 23.770 SOS
1 SOS = 0.000 ETH
1 ETH = 2043727.599 SOS
1 SOS = 0.001 EUR
1 EUR = 670.689 SOS
1 SOS = 0.046 HNL
1 HNL = 21.773 SOS
1 SOS = 0.127 GMD
1 GMD = 7.895 SOS
1 SOS = 0.001 GIP
1 GIP = 773.814 SOS
1 SOS = 0.230 HTG
1 HTG = 4.347 SOS
1 SOS = 0.001 JOD
1 JOD = 804.231 SOS
1 SOS = 0.257 JPY
1 JPY = 3.892 SOS
1 SOS = 0.121 AFN
1 AFN = 8.257 SOS
1 SOS = 0.004 BBD
1 BBD = 285.100 SOS
1 SOS = 0.002 BMD
1 BMD = 570.200 SOS
1 SOS = 0.672 AMD
1 AMD = 1.489 SOS
1 SOS = 0.001 CHF
1 CHF = 718.371 SOS
1 SOS = 0.312 DJF
1 DJF = 3.207 SOS
1 SOS = 0.106 DOP
1 DOP = 9.438 SOS
1 SOS = 0.164 CVE
1 CVE = 6.082 SOS
1 SOS = 0.005 GEL
1 GEL = 210.538 SOS
1 SOS = 0.018 GHS
1 GHS = 54.585 SOS
1 SOS = 0.367 GYD
1 GYD = 2.726 SOS
1 SOS = 0.006 ILS
1 ILS = 171.211 SOS
1 SOS = 0.151 INR
1 INR = 6.602 SOS
1 SOS = 0.212 ISK
1 ISK = 4.716 SOS
1 SOS = 7.039 KHR
1 KHR = 0.142 SOS
1 SOS = 0.227 KES
1 KES = 4.409 SOS
1 SOS = 0.001 KWD
1 KWD = 1868.650 SOS
1 SOS = 0.945 KZT
1 KZT = 1.058 SOS
1 SOS = 0.529 LKR
1 LKR = 1.890 SOS
1 SOS = 0.016 MAD
1 MAD = 63.413 SOS
1 SOS = 3.681 MMK
1 MMK = 0.272 SOS
1 SOS = 6.294 MNT
1 MNT = 0.159 SOS
1 SOS = 0.080 MUR
1 MUR = 12.547 SOS
1 SOS = 0.697 MRO
1 MRO = 1.436 SOS
1 SOS = 0.027 MVR
1 MVR = 36.935 SOS
1 SOS = 3.043 MWK
1 MWK = 0.329 SOS
1 SOS = 0.003 NZD
1 NZD = 344.261 SOS
1 SOS = 0.242 NPR
1 NPR = 4.124 SOS
1 SOS = 0.100 PHP
1 PHP = 10.045 SOS
1 SOS = 0.500 PKR
1 PKR = 2.001 SOS
1 SOS = 2.526 RWF
1 RWF = 0.396 SOS
1 SOS = 0.000 LTC
1 LTC = 64494.967 SOS
1 SOS = 0.033 MXN
1 MXN = 30.725 SOS
1 SOS = 0.064 NIO
1 NIO = 15.516 SOS
1 SOS = 0.008 RON
1 RON = 132.233 SOS
1 SOS = 1.578 KPW
1 KPW = 0.634 SOS
1 SOS = 0.001 KYD
1 KYD = 685.823 SOS
1 SOS = 157.494 LBP
1 LBP = 0.006 SOS
1 SOS = 0.010 LYD
1 LYD = 105.015 SOS
1 SOS = 37.760 LAK
1 LAK = 0.026 SOS
1 SOS = 7.729 MGA
1 MGA = 0.129 SOS
1 SOS = 0.352 LRD
1 LRD = 2.843 SOS
1 SOS = 0.092 MKD
1 MKD = 10.843 SOS
1 SOS = 0.031 LSL
1 LSL = 32.518 SOS
1 SOS = 0.014 MOP
1 MOP = 70.521 SOS
1 SOS = 0.030 MDL
1 MDL = 33.672 SOS
1 SOS = 0.031 NAD
1 NAD = 32.518 SOS
1 SOS = 0.007 MYR
1 MYR = 134.831 SOS
1 SOS = 0.001 OMR
1 OMR = 1481.809 SOS
1 SOS = 2.685 NGN
1 NGN = 0.372 SOS
1 SOS = 0.007 PGK
1 PGK = 135.807 SOS
1 SOS = 0.002 PAB
1 PAB = 570.200 SOS
1 SOS = 0.006 PEN
1 PEN = 160.331 SOS
1 SOS = 0.018 NOK
1 NOK = 56.355 SOS
1 SOS = 0.006 PLN
1 PLN = 157.640 SOS
1 SOS = 13.580 PYG
1 PYG = 0.074 SOS
1 SOS = 0.006 QAR
1 QAR = 156.648 SOS
1 SOS = 0.015 SBD
1 SBD = 67.082 SOS
1 SOS = 0.007 SAR
1 SAR = 152.053 SOS
1 SOS = 0.002 SGD
1 SGD = 446.410 SOS
1 SOS = 39.872 SLL
1 SLL = 0.025 SOS
1 SOS = 0.056 THB
1 THB = 17.714 SOS
1 SOS = 0.051 TWD
1 TWD = 19.471 SOS
1 SOS = 0.073 UAH
1 UAH = 13.641 SOS
1 SOS = 6.296 UGX
1 UGX = 0.159 SOS
1 SOS = 0.064 SRD
1 SRD = 15.637 SOS
1 SOS = 36.889 STD
1 STD = 0.027 SOS
1 SOS = 0.071 TRY
1 TRY = 14.094 SOS
1 SOS = 0.012 TTD
1 TTD = 83.976 SOS
1 SOS = 0.004 TOP
1 TOP = 236.755 SOS
1 SOS = 22.293 UZS
1 UZS = 0.045 SOS
1 SOS = 0.423 YER
1 YER = 2.366 SOS
1 SOS = 0.031 ZAR
1 ZAR = 32.518 SOS
1 SOS = 0.175 RSD
1 RSD = 5.724 SOS
1 SOS = 0.137 RUB
1 RUB = 7.274 SOS
1 SOS = 1.000 SOS
1 SOS = 1.000 SOS
1 SOS = 0.015 SVC
1 SVC = 65.166 SOS
1 SOS = 22.804 SYP
1 SYP = 0.044 SOS
1 SOS = 0.031 SZL
1 SZL = 32.518 SOS
1 SOS = 0.005 TND
1 TND = 198.662 SOS
1 SOS = 0.070 UYU
1 UYU = 14.257 SOS
1 SOS = 45.892 VND
1 VND = 0.022 SOS
1 SOS = 0.210 VUV
1 VUV = 4.758 SOS
1 SOS = 0.005 WST
1 WST = 207.436 SOS
1 SOS = 0.978 XAF
1 XAF = 1.022 SOS
1 SOS = 0.005 XCD
1 XCD = 210.670 SOS
1 SOS = 0.025 SCR
1 SCR = 40.178 SOS
1 SOS = 0.017 SEK
1 SEK = 59.933 SOS
1 SOS = 0.001 SHP
1 SHP = 773.814 SOS
1 SOS = 4.538 TZS
1 TZS = 0.220 SOS
1 SOS = 0.002 USD
1 USD = 570.200 SOS
1 SOS = 0.178 XPF
1 XPF = 5.621 SOS
1 SOS = 0.978 XOF
1 XOF = 1.022 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.