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20 Shillings

Issuer Baanka Somaliland
Year 1994-1996
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Value 20 Shillings (20 SLS)
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Obverse lettering BANKAA SOMALILAND LABAATAN SL SHILIN SOMALILAND 20 SHILLINGS ٢٠شن
(Translation: Bank of Somaliland Twenty Somaliland Shillings.)
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Reverse lettering BANKAA SOMALILAND TWENTY SOMALILAND SHILLINGS LABAATAN SL SHILIN SOMALILAND 20 SHILLINGS ٢٠شن
(Translation: Bank of Somaliland Twenty Somaliland Shillings.)
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Comments

Baanka Somaliland issued this note shortly after the self-declared republic broke from the chaos of collapsed Somalia in 1991. The Somaliland shilling was introduced as a distinct currency to assert administrative separation from the south — at a time when no foreign government recognized Somaliland's independence, making the currency itself a kind of unilateral declaration backed by nothing but local consensus.

Pick 3 is among the earliest issues of a monetary system that had no IMF standing, no correspondent banking relationships, and no international legal footing. It circulated anyway.