SOS to PHP Exchange Rate - Convert Somali Shilling to Philippine Peso

Converting from Somali Shilling (SOS) to Philippine Peso (PHP)

What is Somali Shilling (SOS)

The Somali Shilling (SOS) is the official currency of Somalia. It was introduced in 1960, soon after the country gained independence. The currency is abbreviated as SOS and is divided into 100 cents. The Somali Shilling has experienced significant fluctuations over the years due to a variety of economic factors, including political instability and inflation.

As of today, the Somali Central Bank issues banknotes in denominations of 1, 5, 10, 20, 50, 100, 500, 1000, 2000, and 5000 SOS, with coins available in lower denominations. Despite its challenges, the Somali Shilling remains vital for daily transactions in Somalia, especially in markets and for small businesses.

Global interest in the Somali Shilling often arises when discussing remittances. Many Somalis living abroad send money back home, and the exchange rate can greatly affect how much value the recipients receive in SOS. Understanding how to convert SOS to other currencies, including the Philippine Peso (PHP), is crucial for those dealing with international transactions or planning to travel.

What is Philippine Peso (PHP)

The Philippine Peso (PHP) is the official currency of the Philippines, with the symbol "₱." It is subdivided into 100 centavos (or sentimos). The currency has a rich history that dates back to the Spanish colonial period, though the current version has been in circulation since the 1990s when the Bangko Sentral ng Pilipinas (BSP) began issuing new banknotes and coins.

The Philippine Peso is available in various denominations, including coins of 1, 5, 10, 25 centavos and 1, 5, 10 pesos, as well as banknotes of 20, 50, 100, 200, 500, and 1000 pesos. The Peso is a key player in Southeast Asian markets, with its value influenced by factors such as economic growth, inflation rates, and global market trends.

For those needing to convert between Somali Shillings and Philippine Pesos, it is essential to stay updated on current exchange rates, as they can fluctuate frequently. Exchange rates can be affected by political events, supply and demand in the currency exchange market, and economic performance indicators of both countries.

To calculate the conversion from SOS to PHP, one can utilize the following formula:

AmountinPHP=AmountinSOS×ExchangeRate(PHP/SOS)

Checking reliable financial services or apps can give you real-time conversion rates, ensuring you get the most accurate information possible.

In summary, while the Somali Shilling and Philippine Peso are distinct currencies from different parts of the world, understanding their value is necessary for international finance, travel, and trade.

Somali Shilling to Philippine Peso conversion table

SOS to PHP conversion table

Somali Shilling (SOS)Philippine Peso (PHP)
1 SOS0.09950537405 PHP
2 SOS0.19901074809 PHP
3 SOS0.29851612214 PHP
4 SOS0.39802149618 PHP
5 SOS0.49752687023 PHP
6 SOS0.59703224427 PHP
7 SOS0.69653761832 PHP
8 SOS0.79604299236 PHP
9 SOS0.89554836641 PHP
10 SOS0.99505374046 PHP
100 SOS9.95053740456 PHP
200 SOS19.90107480912 PHP
300 SOS29.85161221368 PHP
400 SOS39.80214961824 PHP
500 SOS49.7526870228 PHP
600 SOS59.70322442736 PHP
700 SOS69.65376183192 PHP
800 SOS79.60429923648 PHP
900 SOS89.55483664104 PHP
1 000 SOS99.5053740456 PHP
2 000 SOS199.01074809121 PHP
5 000 SOS497.52687022802 PHP
10 000 SOS995.05374045604 PHP
20 000 SOS1 990.10748091207 PHP
50 000 SOS4 975.26870228019 PHP
100 000 SOS9 950.53740456037 PHP
Last updated April 4, 2025 at 06:55 AM