In the global economy, currency exchange rate fluctuations continuously impact international trade, investment, and travel. Recently, many have questioned the current exchange rate between the US dollar (USD) and the Somali shilling (SOS). This question matters not only to foreign exchange market investors but also significantly affects people living in Somalia and those engaged in economic activities involving the region.
As of August 9, 2025, the exchange rate stands at 571.02408 Somali shillings per US dollar , meaning 1 SOS equals approximately 0.00175124 USD . This rate reflects the relative strength of the Somali shilling and its position in international markets. For businesses relying on foreign currency transactions, these fluctuations directly affect profitability and operational costs.
Recent Market Movements
Over the past 30 days, the USD/SOS exchange rate has shown notable volatility, reaching a high of 571.46 and dipping to a low of 562.63 . The average rate fluctuated between 567.49 and 570.38 . Extending the observation period to 90 days reveals an even higher peak at 572.49 , providing valuable reference points for market participants.
The market has demonstrated relatively low volatility recently, with just a 0.77% fluctuation range over the past month, suggesting stable market sentiment. However, future movements remain subject to changes in global economic conditions, policy adjustments, and shifts in investor sentiment.
Economic Implications
For those considering foreign exchange investments or conducting business in Somalia, understanding these exchange rate dynamics proves crucial. Monitoring economic developments and market trends enhances decision-making capabilities in this complex environment. Tracking these changes helps market participants identify opportunities and manage risks more effectively.
As global economic conditions evolve, the USD/SOS exchange rate continues to command attention from various market participants. Whether investors or ordinary consumers, staying informed about these currency movements supports better financial management and investment decisions. Moving beyond surface-level observations to understand the underlying economic drivers enables more informed navigation of the foreign exchange markets.