Convert Somali Shilling to Chinese Yuan
Please provide values below to convert Somali Shilling [SOS] to Chinese Yuan [CNY], or Convert Chinese Yuan to Somali Shilling.
How to Convert Somali Shilling to Chinese Yuan
1 SOS = 79.6553617976275 CNY
Example: convert 15 SOS to CNY:
15 SOS = 15 × 79.6553617976275 CNY = 1194.83042696441 CNY
Somali Shilling to Chinese Yuan Conversion Table
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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.
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).