Overall best choice: WorldRemit
We tested & reviewed dozens of money transfer providers, and WorldRemit scored highly.
WorldRemit appeared in 50% of South Africa to Somalia searches, and was the top rated company out of 1 that support ZAR to SOS.
So for a great mix of cost, speed & features, make your South Africa to Somalia transfer using WorldRemit.
How to get the best deal on your South Africa to Somalia transfer
Important things to consider before sending money from South Africa to Somalia
Don't settle for the first option. Always compare ways to send money from South Africa to Somalia to find out about fees, speed, and reliability.
Our analysis included 1 providers that operate between South Africa and Somalia.
Through this, you get a comprehensive view of all the options you have in South Africa when you need to send money to Somalia.
Cheapest way to send money to Somalia from South Africa: CurrencyFair
Data collected over the past six months shows that CurrencyFair is 0% cheaper than the second-best option.
The R4 transfer cost represents the most common fee for ZAR to SOS international transfers, based on data from the past six months.
If you want to secure the best rates on a ZAR to Somalia transfer, make sure you pick CurrencyFair to send your money online.
*The most common fee applied to ZAR-SOS by CurrencyFair, based on data from the past six months.
Fastest way to send money from South Africa to Somalia: WorldRemit
Our data shows that WorldRemit came up as the fastest way to send money from South Africa to Somalia in 50% of searches. This makes them well suited to urgent ZAR to SOS money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from South Africa to Somalia - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, WorldRemit is your best choice at the moment. This service emerged as the quickest way to send money to Somalia from South Africa in 50% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is WorldRemit.
While WorldRemit may not always be the cheapest or fastest way to send ZAR from South Africa to Somalia, it’s the provider that will keep you safe and relaxed while your money moves into SOS.
Understanding the costs involved when moving money from South Africa to Somalia
When calculating the costs of money transfers between South Africa and Somalia, here's what really matters:
The Mid-Market Rate: Today, the ZAR-SOS mid-market rate equals to 30.719886 SOS per Rand.
The ZAR-SOS average exchange rate for the past three months has been 29.8255 SOS per Rand, with a high of 30.6493 and a low of 29.6195.
When looking to send money, we'd recommend WorldRemit. On average WorldRemit is 199.31% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from ZAR to SOS.
How to find the best exchange rate for Rand to Somali Shilling
Timing is essential for sending money between ZAR and SOS. The exchange rate you secure impacts how much SOS you get for your ZAR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from ZAR to SOS has seen some fluctuation. On average, it stood at 29.8255.
During this period, the highest value recorded was 30.6493, while the lowest was 29.6195.
WorldRemit, which is our recommended service to send money online from South Africa to Somalia offers an exchange rate that is only 199.31% above the mid-market rate.
Want to secure the best ZAR-Somali Shilling exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from South Africa to Somalia!
Payment methods available to fund your South Africa to Somalia transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Somalia and South Africa.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from South Africa to Somalia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to SOS.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.