Current Exchange Rates For Somalia
The current exchange rate for the Somali Shilling (SOS) is 568.999454 SOS per American Dollar (USD) as of today. The SOS reached a high of 579.9997 SOS per USD and a low of 566.0005 SOS per USD during the last 90 days. The average exchange rate for the SOS was 568.7654 SOS per USD for the last 90 days.
The SOS had an average volatility rate of 0.22% against the USD for the last 90 days. This is a normal volatility rate, and the SOS has been fairly stable for much of the last year. You can reasonably expect only minor fluctuations to continue going forward, barring any unforeseen circumstances.
What’s The Fastest Way To Send Money Online To Somalia?
The fastest way to send funds to Somalia is through WorldRemit. With WorldRemit your money can reach its Somali destination in a matter of minutes. This may not always be the case as WorldRemit is present in over 120 countries. Regardless, WorldRemit is a fast money transfer service that is a generally great option for sending money online to Somalia
What’s The Cheapest Way To Transfer Money To Somalia?
The cheapest way to transfer funds online to Somalia is a bank transfer with WorldRemit through SWIFT/BIC codes. WorldRemit always offers highly competitive prices and Somalia is no exception.
What’s The Easiest Way To Send Funds To Somalia?
The easiest way to transfer money online to Somalia is through WorldRemit with SWIFT/BIC codes. While WorldRemit doesn’t have their normal service available in Somalia, sending money to a bank through the service is quite easy. Finding the SWIFT/BIC code should be very straightforward for the recipient, and once the WorldRemit account is set up properly, sending money online to Somalia is easy.
What’s The Overall Best Way To Send Money To Somalia?
The overall best way to send funds online to Somalia is through a WorldRemit assisted bank transfer. The WorldRemit platform makes it easy to send cash online to a Somali bank account. Their rates are very fair and the ease of use is exceptional. When it comes to speed, WorldRemit makes a competitive offer, but bank transfers make waiting times less predictable. For these reasons, WorldRemit bank transfers are the best way to send money.