Convert Thai Baht to Somali Shilling
Please provide values below to convert Thai Baht [THB] to Somali Shilling [SOS], or Convert Somali Shilling to Thai Baht.
How to Convert Thai Baht to Somali Shilling
1 THB = 0.0563709620404326 SOS
Example: convert 15 THB to SOS:
15 THB = 15 × 0.0563709620404326 SOS = 0.845564430606489 SOS
Thai Baht to Somali Shilling Conversion Table
| Thai Baht | Somali Shilling |
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Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.
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.