Convert Somali Shilling to Saudi Riyal
Please provide values below to convert Somali Shilling [SOS] to Saudi Riyal [SAR], or Convert Saudi Riyal to Somali Shilling.
How to Convert Somali Shilling to Saudi Riyal
1 SOS = 152.383893333333 SAR
Example: convert 15 SOS to SAR:
15 SOS = 15 × 152.383893333333 SAR = 2285.7584 SAR
Somali Shilling to Saudi Riyal Conversion Table
| Somali Shilling | Saudi Riyal |
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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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.