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Hargeysa (Somaliland/Somalia) - Exchange office | by Passport Party
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Hargeysa (Somaliland/Somalia) - Exchange office

An exchance office on Hargeysa's main market in the city centre. 6500 Somaliland Shilling equal 1 US Dollar, the highest denomination (the blue one) is the 500 Shilling bill. There are also 100 and 50 Shilling banknotes. All the money on display is around 2000 Swiss Francs / US Dollars or 1300 Euros.

Given that the highest denomination banknote doesn't even cost 0.10 USD, all purchases should be paid with high piles of paper money. However, this isn't the case usually. The people just use other currencies like US Dollars, Euros or the Ethiopian Birr. In a small shop in Hargeysa, I was even invited to pay in Swiss Francs. I asked how they could know if the bill was genuine and how much it was worth, and the vendor answered: "That's easy, I can check in the internet"...

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Taken on January 21, 2010