Convert British Pound Sterling to Somali Shilling
Please provide values below to convert British Pound Sterling [GBP] to Somali Shilling [SOS], or Convert Somali Shilling to British Pound Sterling.
How to Convert British Pound Sterling to Somali Shilling
1 GBP = 0.0012953250002275 SOS
Example: convert 15 GBP to SOS:
15 GBP = 15 × 0.0012953250002275 SOS = 0.0194298750034124 SOS
British Pound Sterling to Somali Shilling Conversion Table
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British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.
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.