Convert Falkland Islands Pound to Somali Shilling
Please provide values below to convert Falkland Islands Pound [FKP] to Somali Shilling [SOS], or Convert Somali Shilling to Falkland Islands Pound.
How to Convert Falkland Islands Pound to Somali Shilling
1 FKP = 0.00129549999685006 SOS
Example: convert 15 FKP to SOS:
15 FKP = 15 × 0.00129549999685006 SOS = 0.0194324999527509 SOS
Falkland Islands Pound to Somali Shilling Conversion Table
| Falkland Islands Pound | Somali Shilling |
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Falkland Islands Pound
The Falkland Islands Pound (FKP) is the official currency of the Falkland Islands, pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1899, the Falkland Islands Pound has been used as the local currency, maintaining a fixed exchange rate with the British Pound, and has evolved alongside economic developments in the islands.
Current Use
The Falkland Islands Pound is actively used for all local transactions, issued by the Falkland Islands Monetary Authority, and is accepted alongside the British Pound within the islands.
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.