ECONOMY

Carrying money in wheelbarrows

The Market Hargeisa in Somaliland is the only

NEWS

March 12 th, 2015

 

 

market in the world where it is possible to purchase banknotes, money wholesales. The official currency of Somaliland shilling is also distributed by the National Bank of Somaliland. At present, one dollar equals 7,000 shillings of Somaliland. However, Somalilanders do not seem to trust their own currency, so they prefer to exchange their shilling into foreign currency. That is why trading money is permitted.


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