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Compare today's SOS to KWD (Somali Shilling to Kuwaiti Dinar) exchange rates

Somalia
Kuwait
SOS
Interbank Exchange Rate: 1 SOS = 0.0006 KWD
Updated about an hour ago

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All you need to know about Somali Shilling to Kuwaiti Dinar money transfers

Easily compare money transfer providers in one place to send money from Somalia to Kuwait. Send money overseas to your loved ones by comparing Somali Shilling (SOS) to Kuwaiti Dinar (KWD) 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 SOS to KWD Conversion Rates

Here are some latest SOS to KWD (Somali Shilling to Kuwaiti Dinar) exchange rates for popular conversion amounts*.

1 SOS0.00 KWD
5 SOS0.00 KWD
10 SOS0.01 KWD
25 SOS0.02 KWD
50 SOS0.03 KWD
100 SOS0.06 KWD
150 SOS0.09 KWD
200 SOS0.12 KWD
250 SOS0.15 KWD
300 SOS0.18 KWD
400 SOS0.24 KWD
500 SOS0.30 KWD
600 SOS0.36 KWD
700 SOS0.42 KWD
800 SOS0.48 KWD
1,000 SOS0.60 KWD
1,500 SOS0.90 KWD
2,000 SOS1.20 KWD
2,500 SOS1.50 KWD
3,000 SOS1.80 KWD
4,000 SOS2.40 KWD
5,000 SOS3.00 KWD
10,000 SOS6.00 KWD
15,000 SOS9.00 KWD
20,000 SOS12.00 KWD
30,000 SOS18.00 KWD
40,000 SOS24.00 KWD
50,000 SOS30.00 KWD
100,000 SOS60.00 KWD

*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 from Somalia to Kuwait?

It can be very confusing when sending money from Somalia to Kuwait given so many choices. Additionally, Somali Shilling to KWD 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 Kuwait 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 Kuwait 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 Kuwaiti Dinar remittances.


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

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Kuwait from Somalia. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your SOS to Kuwaiti Dinar money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Somalia to Kuwait corridor to give you more good choices for your next KWD money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way for transferring money to Kuwait from Somalia?

One of the most important things to watch out for is hidden fees when sending money to Kuwait 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 Kuwait using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Kuwaiti Dinar foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best SOS to Kuwait 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 Kuwait from Somalia.


How to send money from Somalia to Kuwait through a bank?

We do not recommend using your local bank in Somalia for your next SOS to KWD overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Somalia to Kuwait (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending KWD to Kuwait. These companies will let you use your local bank account in Somalia to pay for your Kuwait money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to do a money transfer to Kuwait from Somalia?

The speed of your Somali Shilling to Kuwaiti Dinar 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 KWD. 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 Kuwait 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 Kuwait 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 KWD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Somalia bank to Kuwait bank transfer.


Which are the best money transfer companies to transfer money to Kuwait from Somalia?

Comparing money transfer companies for sending money to Kuwait from Somalia can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Kuwait. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Somali Shilling to Kuwaiti Dinar transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Kuwaiti Dinar yield on every Somali Shilling that you send.


Step by step guide to send money from Somalia to Kuwait

Follow the below easy steps to send money to Kuwait from Somalia.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Somalia bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Kuwait).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your SOS to KWD remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.