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Somalia - 500 Somali Shillings - P-36 - 1996 dated Foreign Paper Money

Inv# FM1326   Foreign Paper Money Cat# P-36
Somalia - 500 Somali Shillings - P-36 - 1996 dated Foreign Paper Money
Country: Somalia
Denomination: 500 Shilings
Years: 1996

500 Shilings, 1996, P-36, CU. The Somali shilling is the official currency of Somalia. It is subdivided into 100 senti (Somali, also ???), cents (English) or centesimi (Italian). On 15 October 1962, the Banca Nazionale Somala (National Bank of Somalia) issued notes denominated as 5, 10, 20 and 100 scellini/shillings. In 1975, the Bankiga Qaranka Soomaaliyeed (Somali National Bank) introduced notes for 5, 10, 20 and 100 shilin/shillings. These were followed in 1978 by notes of the same denominations issued by the Bankiga Dhexe Ee Soomaaliya (Central Bank of Somalia). 50 shilin/shillings notes were introduced in 1983, followed by 500 shilin/shillings in 1989 and 1000 shilin/shillings in 1990. An attempt was made in 1990 to reform the currency at 100 to 1, with new banknotes of 20 and 50 new shilin prepared for the redenomination. Read more at https://en.wikipedia.org/wiki/Somali_shilling

Condition: Crisp Uncirculated
Item ordered may not be exact piece shown. All original and authentic.
Price: $12.00