Convert Liberian Dollar to Somali Shilling
Please provide values below to convert Liberian Dollar [LRD] to Somali Shilling [SOS], or Convert Somali Shilling to Liberian Dollar.
How to Convert Liberian Dollar to Somali Shilling
1 LRD = 0.350839878790339 SOS
Example: convert 15 LRD to SOS:
15 LRD = 15 × 0.350839878790339 SOS = 5.26259818185509 SOS
Liberian Dollar to Somali Shilling Conversion Table
| Liberian Dollar | Somali Shilling |
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Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.
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.