SOS

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SOS

The ISO 4217 currency code for the Somalian Shilling.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

SOS

ISO 4217 code for the Somali shilling. While the East African shilling was in use in parts of present-day Somalia since 1921, the present shilling was introduced in 1962. It suffered from hyperinflation in the 1980s and again in the early 2000s. Currently, the shilling is used mainly for small transactions, with U.S. dollars or (less frequently) euros being used for large ones. The breakaway region of Somaliland issues its own shilling, which is accepted there and is not related to the Somali shilling.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Save Our Ship had called on the council to open the site up for viewing by the public tonight, after two such open evenings in previous weeks attracted thousands of members of the public.
The Save Our Ship campaign claims a 15th Century ship, found in mud on the river front in Newport, will be destroyed in a week's time unless Newport City Council pledges the money to save it.
The Save Our Ship (SOS) campaign is launched to lobby the council and Assembly to save the ship now dubbed ``The Welsh Mary Rose.''