Somalia - 5 Shillings - 1986 - P31a
SOS.306a
2,25 € inc. tax
Somalia - 5 Shillings - 1986 - P31a - Summary

Somalia - 5 Shillings - 1986 - P31a

Banknotebook B306
Date: 1983
Signature: 3 - Series: D09
sos-s3
Description:
Colour: Burgundy.
Front: English and Somali text; six cape buffalo; coat of arms; star.
Back: English and Somali text; three men harvesting bananas.
No security thread.
Watermark: None.
Printer: (Thomas De La Rue).
Size: 120 x 60 mm


General information about the Somali Shilin. 
Since the fall of the Siad Barre regime in 1991, the country has not printed any currency, but depends on previously existing coins and banknotes.
The official currency of Somalia is the Somali shilling.
After the war began in Somalia, the currency value became unstable and uneven, which meant that same currency had different value in the different parts of the country.
As a result, the Central Bank of Somalia closed its operations, and there was the emergence of other currencies, such as the Na shilling.
Forged currencies began to circulate and led to the drop in value of the Somali shilling. The US dollar became the accepted medium of exchange for large transactions.



Country:
SOMALIA
Grading:
UNC - NEUF - KFR - Novo - Lujo
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