Convert Somali Shilling to Bulgarian Lev
Please provide values below to convert Somali Shilling [SOS] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Somali Shilling.
How to Convert Somali Shilling to Bulgarian Lev
1 SOS = 342.671863756296 BGN
Example: convert 15 SOS to BGN:
15 SOS = 15 × 342.671863756296 BGN = 5140.07795634445 BGN
Somali Shilling to Bulgarian Lev Conversion Table
Somali Shilling | Bulgarian Lev |
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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.
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.