Pocket money

Daily chitchat.

Moderators: Moderators, Junior Moderators

Forum rules
This General Forum is for general discussions from daily chitchat to more serious discussions among Somalinet Forums members. Please do not use it as your Personal Message center (PM). If you want to contact a particular person or a group of people, please use the PM feature. If you want to contact the moderators, pls PM them. If you insist leaving a public message for the mods or other members, it will be deleted.
User avatar
salafi_student
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 2223
Joined: Mon Dec 19, 2005 3:47 pm
Location: If you would only listen, I can educate you!

Pocket money

Post by salafi_student »

Hargeysa locals

Image

Image


Imagine carrying your pocket money on a wheelbarrow, how much of day will you have after that hard work?
dawwa9
SomaliNet Super
SomaliNet Super
Posts: 5072
Joined: Sun Apr 27, 2008 6:04 am

Re: Pocket money

Post by dawwa9 »

1 US Dollar to Somali Shilling = 53.000 Somali Shilling

1 US Dollar to Somaliland Shilling = 5.500 - 6000 Somaliland Shilling

Theyre doing a lot better :up:
dawwa9
SomaliNet Super
SomaliNet Super
Posts: 5072
Joined: Sun Apr 27, 2008 6:04 am

Re: Pocket money

Post by dawwa9 »

The picture looks like the guy is carrying 500 Dollars in Somaliland Shilling
Executive
SomaliNet Super
SomaliNet Super
Posts: 13911
Joined: Wed Jun 21, 2006 6:08 pm

Re: Pocket money

Post by Executive »

dawwa9

You know Ghana printed a new currency called Cedi which is stronger than the dollar.

Does that mean they are doing better than America? No Use your brain


Somaliland/Puntland Money = Fake
Somalia Money = Fake

The difference is the quanitity that is printed and circulated.
Last edited by Executive on Fri Sep 05, 2008 9:10 am, edited 1 time in total.
User avatar
salafi_student
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 2223
Joined: Mon Dec 19, 2005 3:47 pm
Location: If you would only listen, I can educate you!

Re: Pocket money

Post by salafi_student »

I heard Bakhare market is the richest market in the horn - even though they have relentless wars there!
dawwa9
SomaliNet Super
SomaliNet Super
Posts: 5072
Joined: Sun Apr 27, 2008 6:04 am

Re: Pocket money

Post by dawwa9 »

Executive wrote:dawwa9

You know Ghana printed a new currency called Cedi which is stronger than the dollar.

Does that mean they are doing better than America? No Use your brain


Somaliland/Puntland Money = Fake
Somalia Money = Fake
Usually if a currency is worth more than the other it means the other economy is doing better, there are exceptions though.

The Ghana case is a revaluation of the old Cedi, they just scrapped a few zeros of the previous Cedi.
Cedi has an inflation rate over 10%, I don't see it being equal to the dollar longer than 5 years unless it is pegged to another currency.

PS. There is no such thing as Puntland money

salafi_student

Bakhara market is burned the fck down, the heart of the Somali economy is in Bosaso :up:
User avatar
salafi_student
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 2223
Joined: Mon Dec 19, 2005 3:47 pm
Location: If you would only listen, I can educate you!

Re: Pocket money

Post by salafi_student »

Somali-land money is unanimous in the Money market and the paper is printed on is worth more than the price tag!
Executive
SomaliNet Super
SomaliNet Super
Posts: 13911
Joined: Wed Jun 21, 2006 6:08 pm

Re: Pocket money

Post by Executive »

by Puntland money I was refering to the fake somali money they print in Bosaso,
User avatar
salafi_student
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 2223
Joined: Mon Dec 19, 2005 3:47 pm
Location: If you would only listen, I can educate you!

Re: Pocket money

Post by salafi_student »

Executive wrote:by Puntland money I was refering to the fake somali money they print in Bosaso,

S-land they made the fake money (i.e S-L shilling) legal!
dawwa9
SomaliNet Super
SomaliNet Super
Posts: 5072
Joined: Sun Apr 27, 2008 6:04 am

Re: Pocket money

Post by dawwa9 »

Executive wrote:by Puntland money I was refering to the fake somali money they print in Bosaso,
Which is used all the way to Kismaayo

salafi_student

Stop insulting Somaliland you fool, their money is a lot better then the Somali ones, I seen it.

The Somali shilling does not even have a watermark when you put it against the light, the Somaliland shilling does. Plus their money is regulated by a government.

Fake Somaliland shillings are very rare
User avatar
salafi_student
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 2223
Joined: Mon Dec 19, 2005 3:47 pm
Location: If you would only listen, I can educate you!

Re: Pocket money

Post by salafi_student »

dawwa I am not insulting.... Is just that I don't recognize those colored papers!
dawwa9
SomaliNet Super
SomaliNet Super
Posts: 5072
Joined: Sun Apr 27, 2008 6:04 am

Re: Pocket money

Post by dawwa9 »

Some real Somali shillings with watermark from the formal government I took as souvenirs from my last trip to Zoomalia :up:

Image

I couldn't find any 100 notes, theyre very rare :(
Ka darag
SomaliNet Super
SomaliNet Super
Posts: 13122
Joined: Thu Apr 03, 2008 11:13 am
Location: He's not invisible anymore, with his father's nine and a broken fuse.

Re: Pocket money

Post by Ka darag »

When I went to Hargeisa,I was rich... :shock: ...
Locked
  • Similar Topics
    Replies
    Views
    Last post

Return to “General - General Discussions”