Currency & Exchange Rate in Somalia
The official currency of Somalia is SOS; US dollar is also used in contracts and pricing — and in EtimadCo each project can be priced in its own currency at its own exchange rate.
Official currency
Currency
SOS (SOS)
SOS (SOS)
Minor units
2
2
Fiscal year starts
01/01
01/01
Alternative currencies
US dollar (USD)
Reference rate: 1 USD = 571.53 SOS · official rate
Reference rate: 1 USD = 571.53 SOS · official rate
Source: tradingeconomics.com · 2026-10-25
Sources: tradingeconomics.com
FAQ
What is the official currency of Somalia?
SOS.
More about Somalia
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