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Compare today's SOS to EGP (Somali Shilling to Egyptian Pound) exchange rates

Somalia
Egypt
SOS

Interbank Exchange Rate: 1 SOS = 0.0822 EGP
Updated about an hour ago

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All you need to know about Somali Shilling to Egyptian Pound money transfers

Easily compare money transfer providers in one place to send money from Somalia to Egypt. Send money overseas to your loved ones by comparing Somali Shilling (SOS) to Egyptian Pound (EGP) 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 Somalia.

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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 SOS to EGP Conversion Rates

Here are some latest SOS to EGP (Somali Shilling to Egyptian Pound) exchange rates for popular conversion amounts*.

1 SOS0.08 EGP
5 SOS0.41 EGP
10 SOS0.82 EGP
25 SOS2.05 EGP
50 SOS4.11 EGP
100 SOS8.22 EGP
150 SOS12.33 EGP
200 SOS16.44 EGP
250 SOS20.55 EGP
300 SOS24.66 EGP
400 SOS32.88 EGP
500 SOS41.10 EGP
600 SOS49.32 EGP
700 SOS57.54 EGP
800 SOS65.76 EGP
1,000 SOS82.20 EGP
1,500 SOS123.30 EGP
2,000 SOS164.40 EGP
2,500 SOS205.50 EGP
3,000 SOS246.60 EGP
4,000 SOS328.80 EGP
5,000 SOS411.00 EGP
10,000 SOS822.00 EGP
15,000 SOS1,233.00 EGP
20,000 SOS1,644.00 EGP
30,000 SOS2,466.00 EGP
40,000 SOS3,288.00 EGP
50,000 SOS4,110.00 EGP
100,000 SOS8,220.00 EGP

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


What's the best way to do Somalia to Egypt money transfers?

It can be very confusing when sending money from Somalia to Egypt given so many choices. Additionally, Somali Shilling to EGP 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 Somalia to Egypt 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 Egypt from Somalia. 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 Somali Shilling to Egyptian Pound remittances.


How to get the best remit rate for transferring money from Somalia to Egypt?

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 Somalia to Egypt 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 SOS to Egyptian Pound 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 Somali Shilling to Egyptian Pound 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 Somalia to Egypt?

One of the most important things to watch out for is hidden fees when sending money to Egypt from Somalia. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Egypt using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Egyptian Pound foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best SOS to Egypt exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Egypt from Somalia.


How to send money to Egypt from Somalia 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 Somalia to Egypt 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 SOS to EGP transfers.

Given this, there are umpteen additional options to send money to Egypt instead of just your Somalia 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 Somali Shilling even more so that your recipient in Egypt gets the maximum amount.


What is the fastest way to transfer money from Somalia to Egypt?

The speed of your Somali Shilling to Egyptian Pound 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 SOS to EGP. 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 Egypt from Somalia 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 Egypt 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 EGP into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Somalia bank to Egypt bank transfer.


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

Since the Somali Shilling to Egyptian Pound money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Somalia that may also be able to send money to Egypt. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your SOS to EGP money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Egypt gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Somalia to Egypt transaction.


Step by step guide to send money to Egypt from Somalia

The first step to send money to Egypt from Somalia 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 SOS to EGP 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 Egypt if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Somalia bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Egypt!

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 Somalia to Egypt.