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Compare today's SOS to GHS (Somali Shilling to Ghana Cedi) exchange rates

Somalia
Ghana
SOS

Interbank Exchange Rate: 1 SOS = 0.0193 GHS
Updated about an hour ago

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All you need to know about Somali Shilling to Ghana Cedi money transfers

Easily compare money transfer providers in one place to send money from Somalia to Ghana. Send money overseas to your loved ones by comparing Somali Shilling (SOS) to Ghana Cedi (GHS) 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 GHS Conversion Rates

Here are some latest SOS to GHS (Somali Shilling to Ghana Cedi) exchange rates for popular conversion amounts*.

1 SOS0.02 GHS
5 SOS0.10 GHS
10 SOS0.19 GHS
25 SOS0.48 GHS
50 SOS0.97 GHS
100 SOS1.93 GHS
150 SOS2.90 GHS
200 SOS3.86 GHS
250 SOS4.83 GHS
300 SOS5.79 GHS
400 SOS7.72 GHS
500 SOS9.65 GHS
600 SOS11.58 GHS
700 SOS13.51 GHS
800 SOS15.44 GHS
1,000 SOS19.30 GHS
1,500 SOS28.95 GHS
2,000 SOS38.60 GHS
2,500 SOS48.25 GHS
3,000 SOS57.90 GHS
4,000 SOS77.20 GHS
5,000 SOS96.50 GHS
10,000 SOS193.00 GHS
15,000 SOS289.50 GHS
20,000 SOS386.00 GHS
30,000 SOS579.00 GHS
40,000 SOS772.00 GHS
50,000 SOS965.00 GHS
100,000 SOS1,930.00 GHS

*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 Somalia to Ghana?

It can be very confusing when sending money from Somalia to Ghana given so many choices. Additionally, Somali Shilling to GHS 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 Ghana 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 Ghana 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 Ghana Cedi remittances.


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

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Ghana.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Somalia to Ghana transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your SOS to Ghana Cedi money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to send money from Somalia to Ghana?

Finding the cheapest way to send money from Somalia to Ghana 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 SOS to GHS 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 Somalia to Ghana 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.


Should I use my bank to transfer money from Somalia to Ghana?

Bank transfers have been a traditionally popular way to send money overseas from Somalia to Ghana. 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 SOS to GHS 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 Somalia bank for your Ghana 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 Ghana from Somalia fast?

It could be a stressful experience if you need to rush money quickly from Somalia to Ghana. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert SOS to GHS. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Ghana Cedi. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Somalia to Ghana money transfers.


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

Since the Somali Shilling to Ghana Cedi 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 Ghana. 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 GHS money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Ghana 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 Ghana transaction.


Step by step guide to send money from Somalia to Ghana

With so many possible ways to transfer Somali Shilling to Ghana Cedi, 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 Somalia to Ghana 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 Somalia and the receiver in Ghana. 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 SOS to Ghana Cedi money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.