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Compare today's HKD to SOS (Hong Kong Dollar to Somali Shilling) exchange rates

Hong Kong
Somalia
HKD
Interbank Exchange Rate: 1 HKD = 73.3424 SOS
Updated about an hour ago

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All you need to know about Hong Kong Dollar to Somali Shilling money transfers

Easily compare money transfer providers in one place to send money from Hong Kong to Somalia. Send money overseas to your loved ones by comparing Hong Kong Dollar (HKD) 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.

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Latest HKD to SOS Conversion Rates

Here are some latest HKD to SOS (Hong Kong Dollar to Somali Shilling) exchange rates for popular conversion amounts*.

1 HKD73.34 SOS
5 HKD366.71 SOS
10 HKD733.42 SOS
25 HKD1,833.56 SOS
50 HKD3,667.12 SOS
100 HKD7,334.24 SOS
150 HKD11,001.36 SOS
200 HKD14,668.48 SOS
250 HKD18,335.60 SOS
300 HKD22,002.72 SOS
400 HKD29,336.96 SOS
500 HKD36,671.20 SOS
600 HKD44,005.44 SOS
700 HKD51,339.68 SOS
800 HKD58,673.92 SOS
1,000 HKD73,342.40 SOS
1,500 HKD110,013.60 SOS
2,000 HKD146,684.80 SOS
2,500 HKD183,356.00 SOS
3,000 HKD220,027.20 SOS
4,000 HKD293,369.60 SOS
5,000 HKD366,712.00 SOS
10,000 HKD733,424.00 SOS
15,000 HKD1,100,136.00 SOS
20,000 HKD1,466,848.00 SOS
30,000 HKD2,200,272.00 SOS
40,000 HKD2,933,696.00 SOS
50,000 HKD3,667,120.00 SOS
100,000 HKD7,334,240.00 SOS

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


What's the best way to transfer money from Hong Kong to Somalia?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Hong Kong to Somalia. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Hong Kong Dollar to SOS.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send HKD to SOS in Somalia. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Somalia from Hong Kong. We provide you with maximum choices to send money to Somalia by comparing competing money transfer companies thereby making you the winner in the end.


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

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Hong Kong to Somalia transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your HKD to Somali Shilling international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Hong Kong Dollar to Somali Shilling exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


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

The final amount your recipient gets when you send HKD to SOS is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Hong Kong to Somalia used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Somali Shilling is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Hong Kong Dollar to Somalia exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


How to send money to Somalia from Hong Kong 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 Hong Kong 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 HKD to SOS transfers.

Given this, there are umpteen additional options to send money to Somalia instead of just your Hong Kong 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 Hong Kong Dollar 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 Hong Kong?

The first thing to do when you need to convert HKD to SOS quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Hong Kong Dollar and Somali Shilling. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Hong Kong to Somalia remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Somalia.


Which are the best money transfer companies to send money to Somalia from Hong Kong?

The first step in selecting the best money transfer operators for Hong Kong 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 Hong Kong Dollar 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 send money from Hong Kong to Somalia

With so many possible ways to transfer Hong Kong Dollar to Somali Shilling, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Hong Kong to Somalia remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Hong Kong and the receiver in Somalia. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your HKD to Somali Shilling money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.