Convert Uruguayan Peso to Somali Shilling
Please provide values below to convert Uruguayan Peso [UYU] to Somali Shilling [SOS], or Convert Somali Shilling to Uruguayan Peso.
How to Convert Uruguayan Peso to Somali Shilling
1 UYU = 0.0705234638971468 SOS
Example: convert 15 UYU to SOS:
15 UYU = 15 × 0.0705234638971468 SOS = 1.0578519584572 SOS
Uruguayan Peso to Somali Shilling Conversion Table
| Uruguayan Peso | Somali Shilling |
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Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.
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.