🇸🇴Somali Shilling (SOS)
The Somali shilling has existed since 1960, when it replaced separate currencies used in the former British and Italian Somaliland territories at unification. Decades of civil conflict since 1991 badly disrupted the formal banking system, and much of Somalia's economy became heavily dollarized as a result, with US dollars widely used for larger transactions alongside shillings for everyday small purchases, particularly via mobile-money platforms.
SOS ⇄ USD Converter
History
The Somali shilling has existed since 1960, when it replaced separate currencies used in the former British and Italian Somaliland territories at unification. Decades of civil conflict since 1991 badly disrupted the formal banking system, and much of Somalia's economy became heavily dollarized as a result, with US dollars widely used for larger transactions alongside shillings for everyday small purchases, particularly via mobile-money platforms.
Denominations
Somali Shilling banknotes commonly circulate in these denominations:
- 500, 1,000 shillings — common notes for everyday purchases
- 2,000, 5,000 shillings — mid-value notes
- 10,000 shillings — a higher-value note
Frequently Asked Questions
What is the currency symbol for the Somali shilling?
The Somali shilling's symbol is Sh (or Sh.So.). Its ISO 4217 currency code is SOS.
Is the US dollar used in Somalia?
Yes, widely — decades of conflict pushed much of Somalia's economy toward dollarization, with US dollars commonly used for larger transactions and shillings for smaller everyday purchases.
How does mobile money fit into Somalia's currency system?
Mobile-money platforms are extremely widely used in Somalia for everyday payments, often more so than physical shilling notes, given the country's limited traditional banking infrastructure.
Where can I see rates for other African currencies?
Check the full currency directory on the African Currencies homepage, which covers all 54 African countries.