soobaxblog:

Can you remember when you last used the Somali Shilling? The Somali shilling has been the currency of Somalia since 1962. Owing to a lack of confidence in the Somali shilling since 1991, the US dollar is widely accepted as a medium of exchange alongside the Somali shilling. Dollarization notwithstanding, the large issuance of the Somali shilling has increasingly fueled price hikes, especially for low value transactions. This inflationary environment, however, is expected to come to an end as soon as the Somali Central Bank assumes full control of monetary policy and replaces the presently circulating currency introduced by the private sector. Fine out more about the Somali Shilling here and check out the various notes here. 

(via zuleikha)