Convert Somali Shilling to Nigerian Naira
Please provide values below to convert Somali Shilling [SOS] to Nigerian Naira [NGN], or Convert Nigerian Naira to Somali Shilling.
How to Convert Somali Shilling to Nigerian Naira
1 SOS = 0.373318427762827 NGN
Example: convert 15 SOS to NGN:
15 SOS = 15 × 0.373318427762827 NGN = 5.59977641644241 NGN
Somali Shilling to Nigerian Naira Conversion Table
| Somali Shilling | Nigerian Naira |
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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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.