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Somali Shilling (SOS) historical rate to US Dollar (USD)

The SOS/USD pair shows how many Somali Shillings are needed to buy one US Dollar, reflecting Somalia's reliance on dollar inflows and the Federal Reserve's policy stance.

Daily observations
21
within the available range
Source
Market
api.forex
Method

How to read SOS/USD history

Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.

Days without a quotation are not interpolated: the series keeps only observations that were actually received.

Use cases

Travel, transfer and analysis

Compare several periods before a trip, an international transfer or a foreign-currency invoice. The average, minimum and maximum provide a quick reference, while the table enables a date-by-date check.

Minimum 0,00176056
Maximum 0,00187239
Average 0,00181513
Total change +6.15%
Daily observations

Dated SOS/USD rates

Couverture du au , en UTC.

Convert SOS/USD
Date UTC Rate Change Nature
0,00186886 +0.31% Market
0,00186314 -0.08% Market
0,0018647 +5.92% Market
0,00176056 +0% Market
0,00176056 -5.55% Market
0,00186396 +5.87% Market
0,00176056 -5.35% Market
0,00186017 +5.66% Market
0,00176056 +0% Market
0,00176056 -5.54% Market
0,00186382 -0.13% Market
0,00186631 +6.01% Market
0,00176056 -5.97% Market
0,00187239 +0.53% Market
0,00186251 +5.79% Market
0,00176056 -5.62% Market
0,00186549 +5.96% Market
0,00176056 +0% Market
0,00176056 -5.38% Market
0,00186064 +5.68% Market
0,00176056 Market
Editorial analysis

Understanding the SOS/USD pair

The SOS/USD exchange rate represents the value of the Somali Shilling relative to the US Dollar, quoted as the number of Shillings required to purchase one Dollar. This pair is primarily used by remittance senders, humanitarian organizations, and businesses engaged in trade with Somalia. An appreciation of the Somali Shilling means fewer Shillings are needed to buy one Dollar, indicating relative strength of the Shilling.

Structural drivers of the SOS/USD rate include the monetary policies of the Central Bank of Somalia and the US Federal Reserve. The Somali Shilling is not freely convertible and is heavily influenced by the large inflow of US Dollars from remittances and foreign aid. Inflation in Somalia, often driven by food and fuel imports, can weaken the Shilling. The US Dollar, as the world's primary reserve currency, is affected by Fed interest rate decisions, US inflation, and global risk sentiment. Commodity prices, particularly for oil and food, impact Somalia's import costs and thus the exchange rate.

Over the past several years, the SOS/USD rate has experienced periods of relative stability punctuated by episodes of depreciation due to political instability and economic shocks. Without specific historical data, it is important to note that the Shilling has generally trended weaker against the Dollar, reflecting structural challenges in Somalia's economy. The rate is also influenced by the volume of dollar inflows and the effectiveness of monetary policy. For the most accurate and current information, refer to live market data.

This analysis is provided for information only and is neither a forecast nor financial advice.

Method

Compare two dates

Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.

Source

Source and limitations

Displayed source: api.forex. Indicative values are used only as a visual fallback.

Currencies

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