Printing of new Somali currency notes will begin soon.
The Central Bank of Somalia is preparing to change the Somali currency, specifically the shilling (SH) banknotes, for the first time in decades. This move follows hyperinflation that has crippled the country's economy since the collapse of the central government. In this new development, the 1000 SH banknotes, first issued in 1991, will be replaced with new ones…
January 19, 2023