Convert Somali Shilling to South Korean Won
Please provide values below to convert Somali Shilling [SOS] to South Korean Won [KRW], or Convert South Korean Won to Somali Shilling.
How to Convert Somali Shilling to South Korean Won
1 SOS = 0.413316580006874 KRW
Example: convert 15 SOS to KRW:
15 SOS = 15 × 0.413316580006874 KRW = 6.19974870010311 KRW
Somali Shilling to South Korean Won Conversion Table
| Somali Shilling | South Korean Won |
|---|
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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.