Convert Somali Shilling to Bahamian Dollar
Please provide values below to convert Somali Shilling [SOS] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Somali Shilling.
How to Convert Somali Shilling to Bahamian Dollar
1 SOS = 571.4396 BSD
Example: convert 15 SOS to BSD:
15 SOS = 15 × 571.4396 BSD = 8571.594 BSD
Somali Shilling to Bahamian Dollar Conversion Table
| Somali Shilling | Bahamian Dollar |
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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.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.