Mogadishu currency was an old coinage system dating from the medieval trading empire of Mogadishu, when it centralized its commercial hegemony by minting its own coins to facilitate regional trade. The coins bore the names of 23 successive Sultans of Mogadishu. Some also adopted the style of the extant Fatimid and the Ottoman currencies. Mogadishan coins were in widespread circulation, and have been found as far away as modern United Arab Emirates where a coin bearing the name of a 15th century Somali Sultan Ali b. Yusuf of Mogadishu was excavated.
- Julfar, an Arabian Port. Its Settlement and Far Eastern Ceramic Trade from the 14th to the 18th Centuries. by John Hansman, Royal Asiatic Society of Great Britain and Ireland - 1985