Convert Somali Shilling to Ethiopian Birr
Please provide values below to convert Somali Shilling [SOS] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Somali Shilling.
How to Convert Somali Shilling to Ethiopian Birr
1 SOS = 4.18216708187814 ETB
Example: convert 15 SOS to ETB:
15 SOS = 15 × 4.18216708187814 ETB = 62.7325062281721 ETB
Somali Shilling to Ethiopian Birr Conversion Table
| Somali Shilling | Ethiopian Birr |
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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.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.