Convert Somali Shilling to Malaysian Ringgit
Please provide values below to convert Somali Shilling [SOS] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Somali Shilling.
How to Convert Somali Shilling to Malaysian Ringgit
1 SOS = 135.047407477431 MYR
Example: convert 15 SOS to MYR:
15 SOS = 15 × 135.047407477431 MYR = 2025.71111216146 MYR
Somali Shilling to Malaysian Ringgit Conversion Table
| Somali Shilling | Malaysian Ringgit |
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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.
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.