SOS black market rate on Oct 8, 2026: 560.93 per USD
On Thursday, October 8, 2026, the US dollar traded at about 560.93 SOS on Somalia's parallel (black) market at the close of observations. The day opened at 551.9 SOS, reached a high of 560.93 and a low of 551.61, a trading range of 9.32 SOS (1.69%).
Across 108 observations, the average price to buy dollars was 556.69 SOS and the average price received when selling dollars was 600 SOS. Over the session the Somali Shilling weakened against the dollar (+1.64% from open to close).
Official rate vs black market rate on Oct 8, 2026
The official exchange rate published for Somalia on this date was 570.63 SOS per USD. The parallel-market close of 560.93 SOS therefore implied a premium of -1.70% over the official rate — a narrow gap, indicating the two markets were close to converged.
How Oct 8, 2026 compares
Compared with the previous observed day (Oct 7, 2026, close 551.9 SOS), the rate moved +1.64%.
One week earlier (Oct 1, 2026) the close was 572.5 SOS, so the weekly change was -2.02%.
Thirty days earlier (Sep 8, 2026) the close was 587.17 SOS, a -4.47% 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 8, 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 8, 2026?
- The USD to SOS parallel market rate closed at approximately 560.93 SOS per US dollar on Thursday, October 8, 2026, after trading between 551.61 and 560.93 SOS.
- How much did the SOS move against the dollar that day?
- From an open of 551.9 to a close of 560.93 SOS, the parallel rate moved +1.64% on Oct 8, 2026.
- What was the gap between the official and black market SOS rate on that date?
- The official rate was 570.63 SOS per USD versus a parallel close of 560.93 SOS, a premium of -1.70%.
- Was the SOS black market rate higher or lower than the day before?
- Higher: the previous observed close was 551.9 SOS on Oct 7, 2026, a change of +1.64%.
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.