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Compare today's SOS to GNF (Somali Shilling to Guinean Franc) exchange rates

Somalia
Guinea
SOS

Interbank Exchange Rate: 1 SOS = 15.3864 GNF
Updated about an hour ago

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All you need to know about Somali Shilling to Guinean Franc money transfers

Easily compare money transfer providers in one place to send money from Somalia to Guinea. Send money overseas to your loved ones by comparing Somali Shilling (SOS) to Guinean Franc (GNF) 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.

Were you looking to send money from Guinea to Somalia 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 SOS to GNF Conversion Rates

Here are some latest SOS to GNF (Somali Shilling to Guinean Franc) exchange rates for popular conversion amounts*.

1 SOS15.39 GNF
5 SOS76.93 GNF
10 SOS153.86 GNF
25 SOS384.66 GNF
50 SOS769.32 GNF
100 SOS1,538.64 GNF
150 SOS2,307.96 GNF
200 SOS3,077.28 GNF
250 SOS3,846.60 GNF
300 SOS4,615.92 GNF
400 SOS6,154.56 GNF
500 SOS7,693.20 GNF
600 SOS9,231.84 GNF
700 SOS10,770.48 GNF
800 SOS12,309.12 GNF
1,000 SOS15,386.40 GNF
1,500 SOS23,079.60 GNF
2,000 SOS30,772.80 GNF
2,500 SOS38,466.00 GNF
3,000 SOS46,159.20 GNF
4,000 SOS61,545.60 GNF
5,000 SOS76,932.00 GNF
10,000 SOS153,864.00 GNF
15,000 SOS230,796.00 GNF
20,000 SOS307,728.00 GNF
30,000 SOS461,592.00 GNF
40,000 SOS615,456.00 GNF
50,000 SOS769,320.00 GNF
100,000 SOS1,538,640.00 GNF

*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 Guinea money transfers?

With the global remittance market booming, there are so many choices for Somali Shilling to GNF 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 Guinea from Somalia. 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 GNF 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 rate to transfer money to Guinea from Somalia?

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 Guinea from Somalia.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your SOS to Guinean Franc 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 SOS to GNF 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 to Guinea from Somalia?

The final amount your recipient gets when you send SOS to GNF 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 Somalia to Guinea 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 Guinean Franc 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 Somali Shilling to Guinea 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 Guinea from Somalia through a bank?

Big banks in Somalia are known to make a lot of money by charging high fees on Guinea money transfers from Somalia. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a SOS to GNF exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Guinea. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Somalia to Guinea. You work hard for your money, so you should also ensure you get the maximum yield when you send GNF overseas.


How to send money from Somalia to Guinea fast?

The first thing to do when you need to convert SOS to GNF 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 Somali Shilling and Guinean Franc. 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 Somalia to Guinea 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 Guinea.


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

Somalia to Guinea money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Guinea as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Somali Shilling to Guinean Franc money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to transfer money to Guinea from Somalia

There are many important aspects of Somalia to Guinea 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 - Somalia 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 GNF 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 Somali Shilling amount you want to send from Somalia.
  • 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 Guinea to validate that they get the money once the transaction clears.