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Compare today's CUP to SOS (Cuban Peso to Somali Shilling) exchange rates

Cuba
Somalia
CUP

Interbank Exchange Rate: 1 CUP = 22.1633 SOS
Updated about an hour ago

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All you need to know about Cuban Peso to Somali Shilling money transfers

Easily compare money transfer providers in one place to send money from Cuba to Somalia. Send money overseas to your loved ones by comparing Cuban Peso (CUP) to Somali Shilling (SOS) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Cuba.

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If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest CUP to SOS Conversion Rates

Here are some latest CUP to SOS (Cuban Peso to Somali Shilling) exchange rates for popular conversion amounts*.

1 CUP22.16 SOS
5 CUP110.82 SOS
10 CUP221.63 SOS
25 CUP554.08 SOS
50 CUP1,108.17 SOS
100 CUP2,216.33 SOS
150 CUP3,324.50 SOS
200 CUP4,432.66 SOS
250 CUP5,540.83 SOS
300 CUP6,648.99 SOS
400 CUP8,865.32 SOS
500 CUP11,081.65 SOS
600 CUP13,297.98 SOS
700 CUP15,514.31 SOS
800 CUP17,730.64 SOS
1,000 CUP22,163.30 SOS
1,500 CUP33,244.95 SOS
2,000 CUP44,326.60 SOS
2,500 CUP55,408.25 SOS
3,000 CUP66,489.90 SOS
4,000 CUP88,653.20 SOS
5,000 CUP110,816.50 SOS
10,000 CUP221,633.00 SOS
15,000 CUP332,449.50 SOS
20,000 CUP443,266.00 SOS
30,000 CUP664,899.00 SOS
40,000 CUP886,532.00 SOS
50,000 CUP1,108,165.00 SOS
100,000 CUP2,216,330.00 SOS

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money to Somalia from Cuba?

There are many good choices when it comes to sending money from Cuba to Somalia. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Cuban Peso to SOS money transfers.

We compare different remittance companies to bring you the best options to send money to Somalia from Cuba. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Cuban Peso to Somali Shilling money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for sending money from Cuba to Somalia?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Somalia from Cuba. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your CUP to Somali Shilling money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Cuba to Somalia corridor to give you more good choices for your next SOS money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to transfer money from Cuba to Somalia?

When you want to send money to Somalia from Cuba, you obviously want the cheapest possible option to maximize the money your recipient gets in Somali Shilling. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your CUP to SOS money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Cuba to Somalia. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Cuba to Somalia exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Somali Shilling overseas.


How to send money to Somalia from Cuba through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Cuba to Somalia. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the CUP to SOS exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Cuba bank for your Somalia money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money to Somalia from Cuba fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Cuba to Somalia. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert CUP to SOS fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Cuban Peso amount reaching Somalia. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Somali Shilling quickly to Somalia, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to transfer money to Somalia from Cuba?

Cuba to Somalia money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Somalia as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Cuban Peso to Somali Shilling money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money from Cuba to Somalia

The first step to send money to Somalia from Cuba is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your CUP to SOS overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Somalia if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Cuba bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Somalia!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Cuba to Somalia.