Somalian Shilling (Noun)
Meaning
The basic unit of money in Somalia; equal to 100 cents.
Classification
Nouns denoting quantities and units of measure.
Examples
- The merchant at the market in Mogadishu quoted prices in Somali shillings and the customer haggled over the change.
- The exchange rate between the US dollar and the Somali shilling fluctuated depending on the economic situation in the country.
- At the international border, customs required travelers to declare any amount of Somali shillings exceeding a certain limit.
- Local vendors in the rural areas of Somalia mostly deal with Somali shillings and sometimes barter goods when cash was scarce.
- During the civil war, counterfeit Somali shillings flooded the market, causing instability in the economy and eroding trust among consumers.