Convert Hong Kong Dollar to Somali Shilling
Please provide values below to convert Hong Kong Dollar [HKD] to Somali Shilling [SOS], or Convert Somali Shilling to Hong Kong Dollar.
How to Convert Hong Kong Dollar to Somali Shilling
1 HKD = 0.0137368848781219 SOS
Example: convert 15 HKD to SOS:
15 HKD = 15 × 0.0137368848781219 SOS = 0.206053273171828 SOS
Hong Kong Dollar to Somali Shilling Conversion Table
| Hong Kong Dollar | Somali Shilling |
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Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.
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.