Somali Shilling (SOS) Exchange Rate: How to Check Current Value

The Somali Shilling (SOS) has no official central bank rate since 1991. Multiple parallel markets exist.

Current Reality (2024)

• Market rate (Mogadishu/Hargeisa): ~25,000–28,000 SOS / USD (highly volatile).
• Somaliland Shilling (SLSH): Separate currency, ~8,500–9,000 SLSH / USD (pegged-ish).
• Mobile money (EVC Plus, Zaad, Sahal): Dominates transactions; USD-denominated wallets common.
• USD: Widely used alongside SOS (dollarized economy).

Where to Get Live Rates

• Local sources: Bakara Market (Mogadishu), Hargeisa money changers, Somali financial websites (Shabelle, Hiiraan).
• Diaspora remittance apps: Dahabshiil, Amal Express, WorldRemit — show send/receive rates.
• Central Bank of Somalia (CBS): Publishes indicative rates intermittently (centralbank.gov.so).

Practical Advice

1. Carry USD cash (small denominations, post-2013 series).
2. Use mobile money for local payments.
3. Exchange only what you need; rates shift daily.
4. In Somaliland, use SLSH; SOS not accepted.

Historical Note

Pre-1991: 1 USD = ~100 SOS. Hyperinflation during civil war destroyed value. New notes printed (1999, 2011) but no monetary policy anchor.

For any transaction: ask a local trader or remittance agent today.