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1000 Shillings

Issuer Baanka Somaliland
Year 2011-2015
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Currency Shilling (1994-date)
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Obverse description Central vignette of the Baanka Somaliland headquarters building in Hargeisa, rendered within an arched guilloche frame flanked by multicolour underprint panels with decorative rosette motifs at left and right. The issuer title BAANKA SOMALILAND appears in the dark upper panel, with denomination numerals 1000 at upper right and lower left, the Somali legend KUN SL SHILIN and English ONE THOUSAND SOMALILAND SHILLINGS printed in the lower border band. Two facsimile signatures with the titles GUDDOOMIYAHA and ILACAGHAYAHA appear below the vignette alongside the place and date inscription HARGEYSA 2011.
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Protection type Security thread, Watermark
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Comments

Somaliland's unrecognized status — functional state, no UN seat, no IMF membership — means its currency has never been formally accepted in international exchange. The shilling circulates purely on domestic trust, with no external anchor. The 1000-shilling denomination, introduced in this series, represented a meaningful jump in face value for a currency that had suffered severe inflation through the 1990s and 2000s as counterfeit notes flooded the market.

Security thread and watermark inclusion in P#20 reflects a deliberate effort to suppress the counterfeiting problem that had plagued earlier issues — a practical necessity when your central bank has no international legal recourse against forgers.