Somali shilling

The Somali shilling is the currency of Somalia (SO)
1 SOS = 0.003 AUD
1 AUD = 376.292 SOS
1 SOS = 2.233 ARS
1 ARS = 0.448 SOS
1 SOS = 5.220 BIF
1 BIF = 0.192 SOS
1 SOS = 0.001 BHD
1 BHD = 1516.277 SOS
1 SOS = 0.012 BOB
1 BOB = 82.565 SOS
1 SOS = 0.003 AZN
1 AZN = 335.363 SOS
1 SOS = 0.152 BTN
1 BTN = 6.597 SOS
1 SOS = 0.886 CRC
1 CRC = 1.129 SOS
1 SOS = 0.037 CZK
1 CZK = 27.326 SOS
1 SOS = 0.013 CNY
1 CNY = 79.686 SOS
1 SOS = 0.011 DKK
1 DKK = 89.869 SOS
1 SOS = 0.242 ETB
1 ETB = 4.137 SOS
1 SOS = 15.207 GNF
1 GNF = 0.066 SOS
1 SOS = 0.012 HRK
1 HRK = 81.207 SOS
1 SOS = 28.579 IDR
1 IDR = 0.035 SOS
1 SOS = 0.281 JMD
1 JMD = 3.562 SOS
1 SOS = 0.153 KGS
1 KGS = 6.523 SOS
1 SOS = 0.003 BAM
1 BAM = 343.010 SOS
1 SOS = 0.003 ANG
1 ANG = 316.545 SOS
1 SOS = 0.025 BWP
1 BWP = 40.682 SOS
1 SOS = 0.002 BND
1 BND = 446.302 SOS
1 SOS = 5.105 CDF
1 CDF = 0.196 SOS
1 SOS = 0.004 BZD
1 BZD = 283.504 SOS
1 SOS = 57.441 BYR
1 BYR = 0.017 SOS
1 SOS = 0.003 BGN
1 BGN = 343.010 SOS
1 SOS = 0.002 CAD
1 CAD = 418.182 SOS
1 SOS = 0.227 DZD
1 DZD = 4.407 SOS
1 SOS = 0.026 ERN
1 ERN = 38.008 SOS
1 SOS = 0.086 EGP
1 EGP = 11.619 SOS
1 SOS = 0.004 FJD
1 FJD = 254.787 SOS
1 SOS = 0.001 GBP
1 GBP = 770.591 SOS
1 SOS = 0.001 FKP
1 FKP = 770.591 SOS
1 SOS = 0.013 GTQ
1 GTQ = 74.317 SOS
1 SOS = 0.014 HKD
1 HKD = 72.627 SOS
1 SOS = 0.592 HUF
1 HUF = 1.689 SOS
1 SOS = 2.297 IQD
1 IQD = 0.435 SOS
1 SOS = 73.866 IRR
1 IRR = 0.014 SOS
1 SOS = 0.733 KMF
1 KMF = 1.364 SOS
1 SOS = 2.407 KRW
1 KRW = 0.415 SOS
1 SOS = 0.145 ALL
1 ALL = 6.875 SOS
1 SOS = 0.214 BDT
1 BDT = 4.679 SOS
1 SOS = 0.003 AWG
1 AWG = 318.503 SOS
1 SOS = 0.010 BRL
1 BRL = 103.310 SOS
1 SOS = 0.000 BCH
1 BCH = 295093.168 SOS
1 SOS = 0.000 BTC
1 BTC = 71265000.000 SOS
1 SOS = 0.006 AED
1 AED = 155.240 SOS
1 SOS = 1.615 AOA
1 AOA = 0.619 SOS
1 SOS = 0.002 BSD
1 BSD = 570.120 SOS
1 SOS = 1.667 CLP
1 CLP = 0.600 SOS
1 SOS = 0.006 BYN
1 BYN = 174.093 SOS
1 SOS = 7.147 COP
1 COP = 0.140 SOS
1 SOS = 0.042 CUP
1 CUP = 23.768 SOS
1 SOS = 0.000 ETH
1 ETH = 2127313.433 SOS
1 SOS = 0.001 EUR
1 EUR = 670.868 SOS
1 SOS = 0.046 HNL
1 HNL = 21.740 SOS
1 SOS = 0.126 GMD
1 GMD = 7.911 SOS
1 SOS = 0.001 GIP
1 GIP = 770.591 SOS
1 SOS = 0.230 HTG
1 HTG = 4.346 SOS
1 SOS = 0.001 JOD
1 JOD = 804.118 SOS
1 SOS = 0.258 JPY
1 JPY = 3.881 SOS
1 SOS = 0.121 AFN
1 AFN = 8.277 SOS
1 SOS = 0.004 BBD
1 BBD = 285.060 SOS
1 SOS = 0.002 BMD
1 BMD = 570.120 SOS
1 SOS = 0.672 AMD
1 AMD = 1.489 SOS
1 SOS = 0.001 CHF
1 CHF = 717.884 SOS
1 SOS = 0.312 DJF
1 DJF = 3.204 SOS
1 SOS = 0.106 DOP
1 DOP = 9.439 SOS
1 SOS = 0.164 CVE
1 CVE = 6.084 SOS
1 SOS = 0.005 GEL
1 GEL = 210.520 SOS
1 SOS = 0.018 GHS
1 GHS = 54.622 SOS
1 SOS = 0.367 GYD
1 GYD = 2.725 SOS
1 SOS = 0.006 ILS
1 ILS = 170.367 SOS
1 SOS = 0.152 INR
1 INR = 6.597 SOS
1 SOS = 0.212 ISK
1 ISK = 4.718 SOS
1 SOS = 7.045 KHR
1 KHR = 0.142 SOS
1 SOS = 0.227 KES
1 KES = 4.408 SOS
1 SOS = 0.001 KWD
1 KWD = 1869.068 SOS
1 SOS = 0.954 KZT
1 KZT = 1.049 SOS
1 SOS = 0.529 LKR
1 LKR = 1.890 SOS
1 SOS = 0.016 MAD
1 MAD = 63.496 SOS
1 SOS = 3.682 MMK
1 MMK = 0.272 SOS
1 SOS = 6.293 MNT
1 MNT = 0.159 SOS
1 SOS = 0.079 MUR
1 MUR = 12.596 SOS
1 SOS = 0.698 MRO
1 MRO = 1.434 SOS
1 SOS = 0.027 MVR
1 MVR = 36.943 SOS
1 SOS = 3.043 MWK
1 MWK = 0.329 SOS
1 SOS = 0.003 NZD
1 NZD = 344.381 SOS
1 SOS = 0.243 NPR
1 NPR = 4.121 SOS
1 SOS = 0.100 PHP
1 PHP = 10.042 SOS
1 SOS = 0.500 PKR
1 PKR = 2.002 SOS
1 SOS = 2.526 RWF
1 RWF = 0.396 SOS
1 SOS = 0.000 LTC
1 LTC = 64786.364 SOS
1 SOS = 0.033 MXN
1 MXN = 30.748 SOS
1 SOS = 0.064 NIO
1 NIO = 15.518 SOS
1 SOS = 0.008 RON
1 RON = 132.274 SOS
1 SOS = 1.579 KPW
1 KPW = 0.633 SOS
1 SOS = 0.001 KYD
1 KYD = 685.422 SOS
1 SOS = 157.468 LBP
1 LBP = 0.006 SOS
1 SOS = 0.009 LYD
1 LYD = 105.380 SOS
1 SOS = 37.769 LAK
1 LAK = 0.026 SOS
1 SOS = 7.731 MGA
1 MGA = 0.129 SOS
1 SOS = 0.352 LRD
1 LRD = 2.843 SOS
1 SOS = 0.092 MKD
1 MKD = 10.869 SOS
1 SOS = 0.031 LSL
1 LSL = 32.333 SOS
1 SOS = 0.014 MOP
1 MOP = 70.511 SOS
1 SOS = 0.030 MDL
1 MDL = 33.666 SOS
1 SOS = 0.031 NAD
1 NAD = 32.333 SOS
1 SOS = 0.007 MYR
1 MYR = 135.174 SOS
1 SOS = 0.001 OMR
1 OMR = 1481.320 SOS
1 SOS = 2.687 NGN
1 NGN = 0.372 SOS
1 SOS = 0.007 PGK
1 PGK = 137.176 SOS
1 SOS = 0.002 PAB
1 PAB = 570.120 SOS
1 SOS = 0.006 PEN
1 PEN = 160.655 SOS
1 SOS = 0.018 NOK
1 NOK = 56.393 SOS
1 SOS = 0.006 PLN
1 PLN = 157.631 SOS
1 SOS = 13.596 PYG
1 PYG = 0.074 SOS
1 SOS = 0.006 QAR
1 QAR = 156.626 SOS
1 SOS = 0.015 SBD
1 SBD = 67.078 SOS
1 SOS = 0.007 SAR
1 SAR = 152.032 SOS
1 SOS = 0.002 SGD
1 SGD = 446.302 SOS
1 SOS = 39.813 SLL
1 SLL = 0.025 SOS
1 SOS = 0.057 THB
1 THB = 17.673 SOS
1 SOS = 0.052 TWD
1 TWD = 19.392 SOS
1 SOS = 0.073 UAH
1 UAH = 13.650 SOS
1 SOS = 6.294 UGX
1 UGX = 0.159 SOS
1 SOS = 0.064 SRD
1 SRD = 15.554 SOS
1 SOS = 36.846 STD
1 STD = 0.027 SOS
1 SOS = 0.071 TRY
1 TRY = 14.082 SOS
1 SOS = 0.012 TTD
1 TTD = 83.925 SOS
1 SOS = 0.004 TOP
1 TOP = 236.727 SOS
1 SOS = 22.199 UZS
1 UZS = 0.045 SOS
1 SOS = 0.423 YER
1 YER = 2.366 SOS
1 SOS = 0.031 ZAR
1 ZAR = 32.333 SOS
1 SOS = 0.175 RSD
1 RSD = 5.726 SOS
1 SOS = 0.139 RUB
1 RUB = 7.199 SOS
1 SOS = 1.000 SOS
1 SOS = 1.000 SOS
1 SOS = 0.015 SVC
1 SVC = 65.157 SOS
1 SOS = 22.805 SYP
1 SYP = 0.044 SOS
1 SOS = 0.031 SZL
1 SZL = 32.333 SOS
1 SOS = 0.005 TND
1 TND = 197.894 SOS
1 SOS = 0.070 UYU
1 UYU = 14.233 SOS
1 SOS = 45.948 VND
1 VND = 0.022 SOS
1 SOS = 0.210 VUV
1 VUV = 4.772 SOS
1 SOS = 0.005 WST
1 WST = 208.268 SOS
1 SOS = 0.978 XAF
1 XAF = 1.023 SOS
1 SOS = 0.005 XCD
1 XCD = 210.619 SOS
1 SOS = 0.025 SCR
1 SCR = 40.217 SOS
1 SOS = 0.017 SEK
1 SEK = 59.856 SOS
1 SOS = 0.001 SHP
1 SHP = 770.591 SOS
1 SOS = 4.519 TZS
1 TZS = 0.221 SOS
1 SOS = 0.002 USD
1 USD = 570.120 SOS
1 SOS = 0.178 XPF
1 XPF = 5.622 SOS
1 SOS = 0.978 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.