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Compare today's SOS to MKD (Somali Shilling to Macedonian Denar) exchange rates

Somalia
Macedonia
SOS

Interbank Exchange Rate: 1 SOS = 0.0916 MKD
Updated about an hour ago

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All you need to know about Somali Shilling to Macedonian Denar money transfers

Easily compare money transfer providers in one place to send money from Somalia to Macedonia. Send money overseas to your loved ones by comparing Somali Shilling (SOS) to Macedonian Denar (MKD) 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 MKD Conversion Rates

Here are some latest SOS to MKD (Somali Shilling to Macedonian Denar) exchange rates for popular conversion amounts*.

1 SOS0.09 MKD
5 SOS0.46 MKD
10 SOS0.92 MKD
25 SOS2.29 MKD
50 SOS4.58 MKD
100 SOS9.16 MKD
150 SOS13.74 MKD
200 SOS18.32 MKD
250 SOS22.90 MKD
300 SOS27.48 MKD
400 SOS36.64 MKD
500 SOS45.80 MKD
600 SOS54.96 MKD
700 SOS64.12 MKD
800 SOS73.28 MKD
1,000 SOS91.60 MKD
1,500 SOS137.40 MKD
2,000 SOS183.20 MKD
2,500 SOS229.00 MKD
3,000 SOS274.80 MKD
4,000 SOS366.40 MKD
5,000 SOS458.00 MKD
10,000 SOS916.00 MKD
15,000 SOS1,374.00 MKD
20,000 SOS1,832.00 MKD
30,000 SOS2,748.00 MKD
40,000 SOS3,664.00 MKD
50,000 SOS4,580.00 MKD
100,000 SOS9,160.00 MKD

*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 Macedonia?

Sending money internationally to Macedonia from Somalia can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Somali Shilling to MKD remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Macedonia. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Macedonian Denar.


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

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 Macedonia 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 Macedonian Denar 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 Macedonian Denar 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 Somalia to Macedonia?

When you want to send money to Macedonia from Somalia, you obviously want the cheapest possible option to maximize the money your recipient gets in Macedonian Denar. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your SOS to MKD money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Somalia to Macedonia. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Somalia to Macedonia exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Macedonian Denar overseas.


How to send money from Somalia to Macedonia 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 SOS to MKD 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 Somalia to Macedonia 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 Macedonia from Somalia. They do this by letting you fund your transaction through your local bank account in Somalia, and by allowing you to choose the payout to be your recipient's bank account in Macedonia. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Somalia to Macedonia fast?

It could be a stressful experience if you need to rush money quickly from Somalia to Macedonia. 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 MKD. 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 Macedonian Denar. 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 Macedonia money transfers.


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

The first step in selecting the best money transfer operators for Somalia to Macedonia 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 Somali Shilling to Macedonian Denar 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 Macedonia.


Step by step guide to send money from Somalia to Macedonia

There are many important aspects of Somalia to Macedonia 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 MKD 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 Macedonia to validate that they get the money once the transaction clears.