Somalia: USD exchange rate

The currency chart for Somalia shows historical data for the Somali Shillings per USD exchange rate. These are monthly averages and not end-of-month currency values. An increase means depreciation against the USD as one can exchange more Somali Shillings per USD. Depreciation implies that goods from Somalia become cheaper to export and it becomes cheaper for foreigners to visit Somalia.

The series for Somalia are available from July 2009 to November 2024. For that period, the average exchange rate for Somalia was 887.1996 Somali Shillings per USD with a minimum of 566.5741 Somali Shillings per USD in March 2023 and a maximum of 1633.3937 Somali Shillings per USD in August 2011. The most recent available data point is 570.7321 Somali Shillings per USD, a change of 0.01% from the previous data point of 570.6716 Somali Shillings per USD and a change of 0.21% from a year ago when the level was 569.5257 Somali Shillings per USD.

Currency values in Somalia and elsewhere have different driving forces over the short-run and the long-run. Countries may have fixed or floating exchange rate regimes or be part of monetary unions. They may experience currency crises. These and other issues are discussed in detail on our Exchange rate page.