Banknotes of Somalia

Discussion in 'Paper Money' started by George McClellan, Jun 1, 2018.

  1. George McClellan

    George McClellan Active Member

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  3. furryfrog02

    furryfrog02 Well-Known Member

    I picked up as many different Somali shillings as I could when I was there. I have a stack of about one hundred Somali 1000 shillings. I am pretty sure 99% of them are counterfeit. Here are some examples of the different banknotes I picked up.
    Somalia 5 Shillings.jpg Somalia 20 Shillings.jpg Somalia 50 New Shillings.jpg Somalia 50 Shillings.jpg Somalia 1000 Shillings.jpg Somaliland 1000 Shillings.jpg
     
  4. George McClellan

    George McClellan Active Member

    The economists (Friedman and Hayek) debate:
    https://www.mises.org/library/competing-currencies-somalia

    "...In 1997, a south Mogadishu leader issued the Balweyn I note, which is a forgery of the pre-1991 central bank note. Similarly, a Puntland administration (central bank) issued the Balweyn II, another forgery of the pre-1991 Somali Shilling (SoSh). Both notes are widely accepted forgeries and continue to be issued..."
     
  5. George McClellan

    George McClellan Active Member

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