70 Billion Somali Shillings Out of the Market

Somali shilling notes going out of use in the market. SRA flash card.

About 70 billion Somali shillings have gone out of use. The notes have no value, no backing and no legal tender status, which means lost value and lost opportunity for the economy.

Key figures

  • Amount out of the market: 70 billion Somali shillings
  • Equivalent: about $2.26 million

Source: Somali Researchers Association (SRA).

Published by the Somali Researchers Association (SRA). See all our flash cards.

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