Convert Saudi Riyal to Somali Shilling
Please provide values below to convert Saudi Riyal [SAR] to Somali Shilling [SOS], or Convert Somali Shilling to Saudi Riyal.
How to Convert Saudi Riyal to Somali Shilling
1 SAR = 0.00656237334619442 SOS
Example: convert 15 SAR to SOS:
15 SAR = 15 × 0.00656237334619442 SOS = 0.0984356001929163 SOS
Saudi Riyal to Somali Shilling Conversion Table
| Saudi Riyal | Somali Shilling |
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Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
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.