Convert Moroccan Dirham to Somali Shilling
Please provide values below to convert Moroccan Dirham [MAD] to Somali Shilling [SOS], or Convert Somali Shilling to Moroccan Dirham.
How to Convert Moroccan Dirham to Somali Shilling
1 MAD = 0.0157642207505395 SOS
Example: convert 15 MAD to SOS:
15 MAD = 15 × 0.0157642207505395 SOS = 0.236463311258093 SOS
Moroccan Dirham to Somali Shilling Conversion Table
| Moroccan Dirham | Somali Shilling |
|---|
Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.
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.