Convert Singapore Dollar to Somali Shilling
Please provide values below to convert Singapore Dollar [SGD] to Somali Shilling [SOS], or Convert Somali Shilling to Singapore Dollar.
How to Convert Singapore Dollar to Somali Shilling
1 SGD = 0.00223943177896667 SOS
Example: convert 15 SGD to SOS:
15 SGD = 15 × 0.00223943177896667 SOS = 0.0335914766845 SOS
Singapore Dollar to Somali Shilling Conversion Table
| Singapore Dollar | Somali Shilling |
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Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.
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.