Great analysis there Diktoore.
What is making things more profound at this moment is the ban on livestock exports which used to bring in lots of hard currency into the local market.
In order for Somaliland to have stable local currnecy they need to address the different ways hard currency is leaving the country i.e. Khat imports, Food imports (i.e. Fruit and Vegetables, as well as Milk Powder, Sugar,Rice and Pasta). If there are local alternatives to that, i.e. locals start eating Fish from our seas, establish local produce to satisfy loca Veg/Fruitl market demands. And replace Pasta/Rice with locally produced Surgham and wheat.
That will basically address almost 50% of the issue with currency. Because all those products locally made will be exchanged using local currency and hard currency will stay in the country.