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Compare today's XOF to SOS (CFA Franc BCEAO to Somali Shilling) exchange rates

Guinea-Bissau
Somalia
XOF

Interbank Exchange Rate: 1 XOF = 1.0254 SOS
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Somali Shilling money transfers

Easily compare money transfer providers in one place to send money from Guinea-Bissau to Somalia. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) 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 Guinea-Bissau.

Were you looking to send money from Somalia to Guinea-Bissau instead?

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 XOF to SOS Conversion Rates

Here are some latest XOF to SOS (CFA Franc BCEAO to Somali Shilling) exchange rates for popular conversion amounts*.

1 XOF1.03 SOS
5 XOF5.13 SOS
10 XOF10.25 SOS
25 XOF25.64 SOS
50 XOF51.27 SOS
100 XOF102.54 SOS
150 XOF153.81 SOS
200 XOF205.08 SOS
250 XOF256.35 SOS
300 XOF307.62 SOS
400 XOF410.16 SOS
500 XOF512.70 SOS
600 XOF615.24 SOS
700 XOF717.78 SOS
800 XOF820.32 SOS
1,000 XOF1,025.40 SOS
1,500 XOF1,538.10 SOS
2,000 XOF2,050.80 SOS
2,500 XOF2,563.50 SOS
3,000 XOF3,076.20 SOS
4,000 XOF4,101.60 SOS
5,000 XOF5,127.00 SOS
10,000 XOF10,254.00 SOS
15,000 XOF15,381.00 SOS
20,000 XOF20,508.00 SOS
30,000 XOF30,762.00 SOS
40,000 XOF41,016.00 SOS
50,000 XOF51,270.00 SOS
100,000 XOF102,540.00 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 Guinea-Bissau?

It can be very confusing when sending money from Guinea-Bissau to Somalia given so many choices. Additionally, CFA Franc BCEAO to SOS exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Guinea-Bissau to Somalia as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Somalia from Guinea-Bissau. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for CFA Franc BCEAO to Somali Shilling remittances.


How to get the best rate to transfer money to Somalia from Guinea-Bissau?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Somalia from Guinea-Bissau.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your XOF to Somali Shilling remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for XOF to SOS remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to send money from Guinea-Bissau to Somalia?

Finding the cheapest way to send money from Guinea-Bissau to Somalia might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer XOF to SOS via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Guinea-Bissau to Somalia exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


How to send money to Somalia from Guinea-Bissau through a bank?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Guinea-Bissau to Somalia money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like XOF to SOS transfers.

Given this, there are umpteen additional options to send money to Somalia instead of just your Guinea-Bissau bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your CFA Franc BCEAO even more so that your recipient in Somalia gets the maximum amount.


What is the fastest way to do a money transfer to Somalia from Guinea-Bissau?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Guinea-Bissau 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 XOF 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 CFA Franc BCEAO 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 from Guinea-Bissau to Somalia?

The first step in selecting the best money transfer operators for Guinea-Bissau to Somalia remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for CFA Franc BCEAO to Somali Shilling money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Somalia.


Step by step guide to transfer money to Somalia from Guinea-Bissau

There are many important aspects of Guinea-Bissau to Somalia remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Guinea-Bissau bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include SOS bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much CFA Franc BCEAO amount you want to send from Guinea-Bissau.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Somalia to validate that they get the money once the transaction clears.