Convert Somali Shilling to Australian Dollar
Please provide values below to convert Somali Shilling [SOS] to Australian Dollar [AUD], or Convert Australian Dollar to Somali Shilling.
How to Convert Somali Shilling to Australian Dollar
1 SOS = 373.685325660476 AUD
Example: convert 15 SOS to AUD:
15 SOS = 15 × 373.685325660476 AUD = 5605.27988490714 AUD
Somali Shilling to Australian Dollar Conversion Table
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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.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.