Convert Bulgarian Lev to Somali Shilling
Please provide values below to convert Bulgarian Lev [BGN] to Somali Shilling [SOS], or Convert Somali Shilling to Bulgarian Lev.
How to Convert Bulgarian Lev to Somali Shilling
1 BGN = 0.00291824367789702 SOS
Example: convert 15 BGN to SOS:
15 BGN = 15 × 0.00291824367789702 SOS = 0.0437736551684552 SOS
Bulgarian Lev to Somali Shilling Conversion Table
| Bulgarian Lev | Somali Shilling |
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Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.
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.