Convert Canadian Dollar to Somali Shilling
Please provide values below to convert Canadian Dollar [CAD] to Somali Shilling [SOS], or Convert Somali Shilling to Canadian Dollar.
How to Convert Canadian Dollar to Somali Shilling
1 CAD = 0.00238432898245064 SOS
Example: convert 15 CAD to SOS:
15 CAD = 15 × 0.00238432898245064 SOS = 0.0357649347367596 SOS
Canadian Dollar to Somali Shilling Conversion Table
| Canadian Dollar | Somali Shilling |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
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.