To those planning to make a holiday in Somaliland for several weeks or a month, one of the most important things that one must prepare for is the money. While the cost of living in the country is relatively cheaper and though there is nothing much to keep you spending, you will need to bring a considerable amount of cash to pay for all your travel-related expenses while you are in the country. This is because there are no automated teller machines or ATMs anywhere in Somaliland. Also, the stores and shops in the country do not use credit cards. So you have to carry a pile of bills, preferably U.S. dollars, UK pounds or euros that can be exchanged for the Somaliland shillings in shops, hotels or money exchange bureaus. As to finding a money exchanger, you will certainly not have a hard time spotting one. Money exchangers can be found around city centres, openly doing their trade. However, you will certainly find no chance of changing your traveller's cheques as these exchangers only trade in cold cash.

Meanwhile, if you find your self a bit short in cash and you need a financial SOS from home, you can immediately get a back up through a money wire transfer. There are some independent money transfer service providers in the country that provides the service internationally. Somalilanders in diaspora usually use this service to send money to their families back home. Transfers can be made from hundreds of locations around the world including UK, Australia, Ireland and the U.S., among others.

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