Somalia

Somalia's Puntland region plans to introduce six new banknotes soon

According to an article in SomaliaReport dated 9 March 2012, Farah Ali Shire, minister for finance for Somalia's semi-autonomous region of Puntland, announced that they will print new and various denominations of hte Somali shilling to replace the current single 1,000-shilling note.

The new notes will be used in Puntland and areas under the control of the government in southern Somalia. The new notes—printed in Sudan—will be denominated in 1,000, 2,000, 5,000, 10,000, 20,000, and 50,000 shillings. No date was given for the introduction of the new notes, but they are expected to be ready "soon."

Courtesy of Richard Miranda.

Somalia chapter of The Banknote Book is now available

Somalia cover

The Somalia chapter of The Banknote Book is now available for individual sale at US$9.99, and as a free download to subscribers.

At the time of initial publication, this 10-page catalog covers every note (82 types and varieties, including 5 notes unlisted in the SCWPM) issued by the Banca Nazionale Somala (National Bank of Somalia) from 1962 until 1971; the Bankiga Qaranka Soomaaliyeed (Somali National Bank) in 1975; and the Bankiga Dhexe ee Soomaaliya (Central Bank of Somalia) from 1977 until present day.

Each chapter of The Banknote Book includes detailed descriptions and background information, full-color images, and accurate valuations. The Banknote Book also features:
  • Sharp color images of note’s front and back without overlap
  • Face value or date of demonetization if no longer legal tender
  • Specific identification of all vignette elements
  • Security features described in full
  • Printer imprint reproduced exactly as on note
  • Each date/signature variety assigned an individual letter
  • Variety checkboxes for tracking your collection and want list
  • Red stars highlight the many notes missing from the SCWPM
  • Date reproduced exactly as on note
  • Precise date of introduction noted when known
  • Replacement note information
  • Signature tables, often with names and terms of service
  • Background information for historical and cultural context
  • Details magnified to distinguish between note varieties
  • Bibliographic sources listed for further research

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“Sign

Somaliland burns Somali shillings as part of currency switch

There’s an interesting article on Somalilandpress dated 28 May 2011 which discusses Somaliland’s efforts to replace Somali banknotes in its region.

Courtesy of Richard Miranda.

Somalia new notes reported

According to a Garoweoneline article dated 16 May 2010, a private jet is said to have delivered to Mogadishu a total of 22 million worth of Somali shilling notes, supposedly printed in Malaysia. The central bank had previously announced plans to have Sudan print new notes at a cost of $17 million.

Somalia scans needed for catalog

I am working on a new catalog of world notes and I need all the help I can get. If you have any of the notes listed below, please email 300-dpi, 100% actual size, 24-bit color scans of the front and back of these notes, saved as uncompressed JPEG, BMP, or TIFF. Please download and follow these detailed scanning instructions.

I am looking for 300-dpi images of the following banknotes of Somalia:

Pick 6
Pick 7
Pick 8
Pick 9
Pick 10

As a contributor, you will receive the satisfaction of taking part in creating something of excellence, your note will be immortalized as the plate note for the catalog, plus your name will appear in the Acknowledgements along with your email address or URL, if you wish.

Thanks in advance for everyone's cooperation!

Sudan pledges to help Somalia print banknotes

On 3 May 2009, the Sudanese News Agency reported that Sudan’s government said it would print new currency for the Somali government. The finance minister of the Somali government, Sharif Hassan Sheik Adan, met in the Sudanese capital of Khartoum on April 29, to talk with Sudan’s minister for finance, Dr. Awad Ahmed Jazmet, who said that Sudan will help Somalia with the development of financial constitutions and would renew trade relations between the two countries. Currently the only banknote circulating in Somalia is the 1,000-shiling note (Pick 37; face value of US$0.70), which has been reprinted without authorization by Somali businessmen. No word yet on when new notes would enter circulation, nor what denominations would be printed.

Somalia to issue new banknotes

According to a Reuters report dated 29 March 2008, Somalia’s central bank plans to revamp the country’s currency because of a flood of fake notes printed by warlords and businessmen. Addressing donors meeting in neighbouring Kenya, the bank’s director general, Sharif Mohamed Hassan, said “greedy” individuals had pumped counterfeit cash into the market for years, driving the local unit to its lowest ever level. “The present situation of counterfeit money is catastrophic,” he said. “It’s a priority to provide the market with a stock of new banknotes with good security features. Of course this is not easy, as the fake notes are printed in many areas that are not properly controlled.” He said Somalia’s new notes would be produced by a “world renowned” money printer, but did not give a timetable.

Additional information and images requested.

Somalia new variety of 1,000-shilling note confirmed


A new variety of Somalia’s 1,000 shilling-note dated 1996 has been reported (above, top). This new notes differs from the previously reported Pick 37a (above, bottom) and 37b in that it uses different font for the serial numbers.

Furthermore, please note the most recent Standard Catalog of World Paper Money, Volume III, 12th edition fails to mention that the left-hand signature of the bank chairman on Pick 37a (1990) differs from that on Pick 37b (1996).

For a detailed examination of all the signature varieties and different fonts used on Somali currency, visit Peter Symes’ excellent Reference Site for Islamic Banknotes.

Courtesy of Jose Manuel Peso (IBNS member 8180).