Convert Somali Shilling to Turkish Lira
Please provide values below to convert Somali Shilling [SOS] to Turkish Lira [TRY], or Convert Turkish Lira to Somali Shilling.
How to Convert Somali Shilling to Turkish Lira
1 SOS = 14.1303093170989 TRY
Example: convert 15 SOS to TRY:
15 SOS = 15 × 14.1303093170989 TRY = 211.954639756483 TRY
Somali Shilling to Turkish Lira Conversion Table
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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.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.