SOS to BGN Exchange Rate - Convert Somali Shilling to Bulgarian Lev

Converting from Somali Shilling (SOS) to Bulgarian Lev (BGN)

What is Somali Shilling (SOS)

The Somali Shilling (SOS) is the official currency of Somalia. Introduced in 1962, it replaced the Somali rupee. The Shilling is divided into 100 centesimi. The currency is often represented with the symbol "Sh" or simply "SOS."

Since Somalia has faced numerous challenges over the years, including prolonged civil unrest and varying government control, the Somali Shilling's value can fluctuate significantly. As a result, the exchange rate might change frequently, influenced by market supply and demand, international relations, and economic conditions in the region.

One unique feature of the Somali Shilling is that there are both old and new banknotes in circulation. The newer versions tend to be more reliable for transactions, while the older notes might still be accepted in some areas, although their value is often disputed. Despite the challenges, the Somali Shilling remains a vital currency for daily transactions in Somalia, allowing locals to carry out business and manage their expenses.

What is Bulgarian Lev (BGN)

The Bulgarian Lev (BGN) is the official currency of Bulgaria and is subdivided into 100 stotinki. The Lev has a long history, dating back to the 9th century, but it was officially reintroduced in its current form in 1999, following a period of hyperinflation in the 1990s. The currency is denoted by the symbol "лв" or "BGN."

The Bulgarian Lev is relatively stable compared to other currencies in the region, primarily due to Bulgaria's efforts to stabilize its economy and its aspirations to join the European Union and eventually adopt the Euro. The Lev is pegged to the Euro within a fixed exchange rate system, which further enhances its stability. The introduction of modern banknotes and coins has made transactions easier and safer for the public.

When exchanging Somali Shillings for Bulgarian Lev, it is essential to take into account the current exchange rate. As this can vary from day to day and even hour to hour, using reliable online currency converters can help ensure you receive the correct value. The relationship between these two currencies is influenced by several factors, including economic conditions in Somalia and Bulgaria, trade relations, and regional financial stability.

In conclusion, understanding the Somali Shilling and the Bulgarian Lev, as well as how to convert between them, is essential for anyone looking to engage in currency exchange, travel, or conduct business between Somalia and Bulgaria. Always stay updated on the latest exchange rates to make informed financial decisions.

Somali Shilling to Bulgarian Lev conversion table

SOS to BGN conversion table

Somali Shilling (SOS)Bulgarian Lev (BGN)
1 SOS0.00305708559 BGN
2 SOS0.00611417119 BGN
3 SOS0.00917125678 BGN
4 SOS0.01222834237 BGN
5 SOS0.01528542797 BGN
6 SOS0.01834251356 BGN
7 SOS0.02139959916 BGN
8 SOS0.02445668475 BGN
9 SOS0.02751377034 BGN
10 SOS0.03057085594 BGN
100 SOS0.30570855936 BGN
200 SOS0.61141711872 BGN
300 SOS0.91712567807 BGN
400 SOS1.22283423743 BGN
500 SOS1.52854279679 BGN
600 SOS1.83425135615 BGN
700 SOS2.1399599155 BGN
800 SOS2.44566847486 BGN
900 SOS2.75137703422 BGN
1 000 SOS3.05708559358 BGN
2 000 SOS6.11417118716 BGN
5 000 SOS15.28542796789 BGN
10 000 SOS30.57085593578 BGN
20 000 SOS61.14171187156 BGN
50 000 SOS152.8542796789 BGN
100 000 SOS305.7085593578 BGN
Last updated May 19, 2025 at 06:55 AM