Somali Shilling in Cuban convertible peso

SOS Somali Shilling

Country of application:
Somalia

Coin denominations in circulation:
-

Denominations of banknotes in circulation:
1000 shillings.

History reference:
The Somali shilling is the currency of the Federal Republic of Somalia. On the territory of Italian Somalia, the Indian rupee, the Maria Theresa thaler and the Eritrean thaler were in circulation, in... 1910-1925 the Italians issued the rupee of Italian Somalia. On July 1, 1925, it was replaced by the Somali lira, and when Italian Somalia was included in Italian East Africa, the East African Italian lira, which circulated along with the Italian lira. The civil war in Somalia in 1991 led to the formation of the self-proclaimed state of Somaliland. On October 18, 1994, the Somaliland government issues the Somaliland shilling, which lasted only 4 months until January 31, 1995, which was exchanged at the rate of 100 Somali shillings for 1 Somaliland shilling. In addition to Somali shillings, American dollars, euros, Egyptian and Sudanese pounds, and Mauritian rupees are used in circulation in the country.

CUC Cuban convertible peso

Country of application:
Cuba

Coin denominations in circulation:
5, 10, 25, 50 centavos, 1 Cuban Convertible Peso.

Denominations of banknotes in circulation:
1, 3, 5, 10, 20, 50, 100 Cuban Convertible Pesos.

History reference:
On October 23, 2013, a message was published by the Council of Ministers of Cuba on agreeing on a schedule for the implementation of measures to unify the countrys monetary circulation, providing for... a gradual transition from a system of two currencies to a single Cuban currency[1]. On January 1, 2021, a large-scale reform was launched in the republic to abolish the dual monetary system, announced in December 2020 by Cuban President Miguel Mario Diaz-Canel.[2] From the beginning of 2021, Cuba began to withdraw convertible pesos from circulation, giving citizens 180 days to exchange savings in banks for Cuban pesos at a rate of 1:24