GENERAL KNOWLEDGE

GK

CURRENCIES OF THE WORLD

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the national currency of Somalia?
A
Somali pound
B
Somali euro
C
Somali shilling
D
Somali rand
Explanation: 

Detailed explanation-1: -The Somaliland shilling is pegged to the United States dollar at a rate of Sl. Sh. 580/12 to US$1. Only the 100/-, 500/-, 1, 000/-and 5, 000/-banknotes are currently in circulation.

Detailed explanation-2: -Overview. The Somalia Shilling has been the official currency of Somalia since 1962.

Detailed explanation-3: -THE CENTRAL BANK ACT DECREE LAW The currency used in Somalia is a Somali Shilling.

Detailed explanation-4: -1 USD = 566.440315 SOS Mar 18, 2023 03:20 UTC The currency converter below is easy to use and the currency rates are updated frequently.

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