Compare today's PHP to SOS (Philippine Peso to Somali Shilling) exchange rates
Interbank Exchange Rate: 1 PHP = 9.7034 SOS
Updated about an hour ago
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All you need to know about Philippine Peso to Somali Shilling money transfers
Easily compare money transfer providers in one place to send money from Philippines to Somalia. Send money overseas to your loved ones by comparing Philippine Peso (PHP) 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 Philippines.
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Latest PHP to SOS Conversion Rates
Here are some latest PHP to SOS (Philippine Peso to Somali Shilling) exchange rates for popular conversion amounts*.
| 1 PHP | 9.70 SOS |
| 5 PHP | 48.52 SOS |
| 10 PHP | 97.03 SOS |
| 25 PHP | 242.59 SOS |
| 50 PHP | 485.17 SOS |
| 100 PHP | 970.34 SOS |
| 150 PHP | 1,455.51 SOS |
| 200 PHP | 1,940.68 SOS |
| 250 PHP | 2,425.85 SOS |
| 300 PHP | 2,911.02 SOS |
| 400 PHP | 3,881.36 SOS |
| 500 PHP | 4,851.70 SOS |
| 600 PHP | 5,822.04 SOS |
| 700 PHP | 6,792.38 SOS |
| 800 PHP | 7,762.72 SOS |
| 1,000 PHP | 9,703.40 SOS |
| 1,500 PHP | 14,555.10 SOS |
| 2,000 PHP | 19,406.80 SOS |
| 2,500 PHP | 24,258.50 SOS |
| 3,000 PHP | 29,110.20 SOS |
| 4,000 PHP | 38,813.60 SOS |
| 5,000 PHP | 48,517.00 SOS |
| 10,000 PHP | 97,034.00 SOS |
| 15,000 PHP | 145,551.00 SOS |
| 20,000 PHP | 194,068.00 SOS |
| 30,000 PHP | 291,102.00 SOS |
| 40,000 PHP | 388,136.00 SOS |
| 50,000 PHP | 485,170.00 SOS |
| 100,000 PHP | 970,340.00 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 Philippines?
With the global remittance market booming, there are so many choices for Philippine Peso to SOS money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Somalia from Philippines. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.
We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final SOS amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.
How to get the best exchange rate for your money transfers from Philippines 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 Philippines 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 PHP 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 Philippine Peso 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 send money from Philippines to Somalia?
The final amount your recipient gets when you send PHP 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 Philippines 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 Philippine Peso 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 Philippines through a bank?
There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low PHP to SOS exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Philippines to Somalia money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.
Most of the remittance companies today offer bank to bank transfers for sending money to Somalia from Philippines. They do this by letting you fund your transaction through your local bank account in Philippines, and by allowing you to choose the payout to be your recipient's bank account in Somalia. But, you are likely to get much better rates and lower fees compared to your bank.
What is the fastest way to do a money transfer to Somalia from Philippines?
The speed of your Philippine Peso to Somali Shilling funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert PHP to SOS. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.
One possible approach that will help you send money fast to Somalia from Philippines is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Somalia if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.
One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout SOS into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Philippines bank to Somalia bank transfer.
Which are the best money transfer companies to transfer money from Philippines to Somalia?
The first step in selecting the best money transfer operators for Philippines 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 Philippine Peso 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 Philippines
The first step to send money to Somalia from Philippines 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 PHP 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 Philippines bank account or alternative methods like a debit card.
- Sit back and relax, and see your money travel to Somalia!