Italian Somaliland somalo
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The somalo was the currency of Italian Somaliland between 1950 and 1962. It was subdivided into 100 centesimi. The somalo replaced the East African shilling at par and remained equal to it. The somalo was replaced (along with the East African shilling being used in British Somaliland) by the Somali shilling at par.
[edit] References
- Global Financial Data currency histories table
- Tables of modern monetary history: Somalia/Somaliland
| Preceded by: East African shilling Ratio: at par |
Currency of Italian Somaliland 1950 – 1962 |
Succeeded by: Somali shilling Reason: independence Ratio: at par Note: the shilling was made the unit of account shortly after independence in 1960 |
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