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Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Sweden to Somalia searches, and was the top rated company out of 5 that support SEK to SOS.
So for a great mix of cost, speed & features, make your Sweden to Somalia transfer using Wise.
How to get the best deal on your Sweden to Somalia transfer
Summary of recent searches
Important things to consider before sending money from Sweden to Somalia
Don't settle for the first option. Always compare ways to send money from Sweden to Somalia to find out about fees, speed, and reliability.
Our analysis included 5 providers that operate between Sweden and Somalia.
Through this, you get a comprehensive view of all the options you have in Sweden when you need to send money to Somalia.
Cheapest way to send money to Somalia from Sweden: Wise
Data collected over the past six months shows that Wise is 0% cheaper than the second-best option.
The kr17.35 transfer cost represents the most common fee for SEK to SOS international transfers, based on data from the past six months.
If you want to secure the best rates on a SEK to Somalia transfer, make sure you pick Wise to send your money online.
*The most common fee applied to SEK-SOS by Wise, based on data from the past six months.
Fastest way to send money from Sweden to Somalia: Wise
Our data shows that Wise came up as the fastest way to send money from Sweden to Somalia in 62.1% of searches. This makes them well suited to urgent SEK to SOS money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Sweden to Somalia - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Wise is your best choice at the moment. This service emerged as the quickest way to send money to Somalia from Sweden in 62.1% 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 Wise.
While Wise may not always be the cheapest or fastest way to send SEK from Sweden 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 Sweden to Somalia
When calculating the costs of money transfers between Sweden and Somalia, here's what really matters:
The Mid-Market Rate: Today, the SEK-SOS mid-market rate equals to 52.483143 SOS per Swedish Krona.
The SEK-SOS average exchange rate for the past three months has been 55.429 SOS per Swedish Krona, with a high of 57.1566 and a low of 53.8367.
When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from SEK to SOS.
How to find the best exchange rate for Swedish Krona to Somali Shilling
Timing is essential for sending money between SEK and SOS. The exchange rate you secure impacts how much SOS you get for your SEK.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from SEK to SOS has seen some fluctuation. On average, it stood at 55.429.
During this period, the highest value recorded was 57.1566, while the lowest was 53.8367.
Wise, which is our recommended service to send money online from Sweden to Somalia offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best SEK-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 Sweden to Somalia!
Payment methods available to fund your Sweden to Somalia transfer
Bank transfers
Bank transfers are often the default option for sending money from Sweden to Somalia.
By using a money transfer company such as Wise for transfers from Sweden to Somalia, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers from the 5 we tested when sending SEK to Somalia.
With an average fee of SEK16.87 to send money from Sweden to Somalia, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Sweden to Somalia with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Sweden to Somalia, competing among a total of 5 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Sweden to Somalia, Wise emerges as our top choice of the 5 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Somalia and Sweden.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 Sweden to Somalia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send SEK to SOS.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
