Convert Swiss Franc to Somali Shilling
Please provide values below to convert Swiss Franc [CHF] to Somali Shilling [SOS], or Convert Somali Shilling to Swiss Franc.
How to Convert Swiss Franc to Somali Shilling
1 CHF = 0.00139104815277065 SOS
Example: convert 15 CHF to SOS:
15 CHF = 15 × 0.00139104815277065 SOS = 0.0208657222915598 SOS
Swiss Franc to Somali Shilling Conversion Table
| Swiss Franc | Somali Shilling |
|---|
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.
Somali Shilling
The Somali Shilling (SOS) is the official currency of Somalia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Somali Shilling was introduced in 1962, replacing the Somali Somali shilling, and has undergone various reforms and devaluations due to economic challenges and civil unrest over the decades.
Current Use
Today, the Somali Shilling remains the official currency of Somalia, used in cash transactions, with banknotes and coins issued by the Central Bank of Somalia. It is also used in some neighboring regions and for remittances.