SOS black market rate on Oct 7, 2026: 551.9 per USD
On Wednesday, October 7, 2026, the US dollar traded at about 551.9 SOS on Somalia's parallel (black) market at the close of observations. The day opened at 542.51 SOS, reached a high of 575 and a low of 542.51, a trading range of 32.49 SOS (5.99%).
Across 205 observations, the average price to buy dollars was 556.64 SOS and the average price received when selling dollars was 600.12 SOS. Over the session the Somali Shilling weakened against the dollar (+1.73% from open to close).
Official rate vs black market rate on Oct 7, 2026
The official exchange rate published for Somalia on this date was 571.7 SOS per USD. The parallel-market close of 551.9 SOS therefore implied a premium of -3.46% over the official rate — a discount to the official rate, which is unusual and often reflects thin or one-sided quotes.
How Oct 7, 2026 compares
Compared with the previous observed day (Oct 6, 2026, close 541.24 SOS), the rate moved +1.97%.
One week earlier (Sep 30, 2026) the close was 573.17 SOS, so the weekly change was -3.71%.
Thirty days earlier (Sep 7, 2026) the close was 575 SOS, a -4.02% move over the month.
How this daily figure is produced
ETCurrency samples Somalia's USD/SOS parallel market throughout the day from peer-to-peer stablecoin order books and, where available, community submissions. Each sample is filtered for outliers and aggregated into a single buy and sell quote; the figures above are the first, highest, lowest and last of those aggregated quotes for Oct 7, 2026 (UTC).
USDT peer-to-peer prices closely track cash dollar prices in most parallel markets but are not identical to them: payment-method fees, merchant margins and local demand for stablecoins can all add a few tenths of a percent.
Frequently asked questions
- What was the dollar to Somali Shilling black market rate on Oct 7, 2026?
- The USD to SOS parallel market rate closed at approximately 551.9 SOS per US dollar on Wednesday, October 7, 2026, after trading between 542.51 and 575 SOS.
- How much did the SOS move against the dollar that day?
- From an open of 542.51 to a close of 551.9 SOS, the parallel rate moved +1.73% on Oct 7, 2026.
- What was the gap between the official and black market SOS rate on that date?
- The official rate was 571.7 SOS per USD versus a parallel close of 551.9 SOS, a premium of -3.46%.
- Was the SOS black market rate higher or lower than the day before?
- Higher: the previous observed close was 541.24 SOS on Oct 6, 2026, a change of +1.97%.
Figures are aggregated parallel-market observations for Somalia in UTC and are indicative only; they are not a quote to trade. See the full USD → Somali Shilling history or today's live rate.