Bank of Somaliland
Selected Economic Indicators
Inflation Rate
0.5%
2019
Fractional reserve rate
0%
0%
Mu'daraba rate
0%
0%

sell  8530 | buy  8630
sell  10097 | buy  9980
sell  11823 | buy  11686
sell  2330 | buy  2303
sell  2330 | buy  2303
sell  190 | buy  188
sell  79 | buy  78
"The Bank of Somaliland's mission is to promote the wellbeing of the people of the Republic of Somaliland by maintaining price and exchange rate stability , fostering a sound financial system and sustainable economic growth "
" to be one of the strongest and most reputable central banks in Africa "
The Bank embraces the following core values:
  1. promoting financial and monetary discipline
  2. commitment to excellence service
  3. creativity and innovation
  4. integrity
  5. confendentiality
  6. continuous improvement
  7. Transparency and accountability
The primary objective of the MP department of the CBSL will be to achieve domestic price stability
The Bank Supervision Department’s mandate as stipulated under Article 4(2)
Welcome Payment & Settlement Systems
Indicative exchange Rates
Buying Selling
USD 8530 8630
EURO 10097 9980
GBP 11823 11686
ADS 2330 2303
SAR 2330 2303
ETB 190 188
KES 79 78