Convert Barbadian Dollar to Somali Shilling
Please provide values below to convert Barbadian Dollar [BBD] to Somali Shilling [SOS], or Convert Somali Shilling to Barbadian Dollar.
How to Convert Barbadian Dollar to Somali Shilling
1 BBD = 0.00349993245130369 SOS
Example: convert 15 BBD to SOS:
15 BBD = 15 × 0.00349993245130369 SOS = 0.0524989867695553 SOS
Barbadian Dollar to Somali Shilling Conversion Table
Barbadian Dollar | Somali Shilling |
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Barbadian Dollar
The Barbadian Dollar (BBD) is the official currency of Barbados, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, replacing the Barbadian Pound, the Barbadian Dollar was initially pegged to the British Pound and later to the US Dollar, maintaining stability through various monetary policies.
Current Use
The BBD is widely used in Barbados for everyday transactions, banking, and trade, and is pegged to the US Dollar at a fixed rate of 2 BBD to 1 USD.
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.