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Compare today's SOS to SHP (Somali Shilling to Saint Helena Pound) exchange rates

Somalia
Saint Helena
SOS

Interbank Exchange Rate: 1 SOS = 0.0014 SHP
Updated about 1 hours ago

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All you need to know about Somali Shilling to Saint Helena Pound money transfers

Easily compare money transfer providers in one place to send money from Somalia to Saint Helena. Send money overseas to your loved ones by comparing Somali Shilling (SOS) to Saint Helena Pound (SHP) 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 Saint Helena 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 SHP Conversion Rates

Here are some latest SOS to SHP (Somali Shilling to Saint Helena Pound) exchange rates for popular conversion amounts*.

1 SOS0.00 SHP
5 SOS0.01 SHP
10 SOS0.01 SHP
25 SOS0.03 SHP
50 SOS0.07 SHP
100 SOS0.14 SHP
150 SOS0.21 SHP
200 SOS0.28 SHP
250 SOS0.35 SHP
300 SOS0.42 SHP
400 SOS0.56 SHP
500 SOS0.70 SHP
600 SOS0.84 SHP
700 SOS0.98 SHP
800 SOS1.12 SHP
1,000 SOS1.40 SHP
1,500 SOS2.10 SHP
2,000 SOS2.80 SHP
2,500 SOS3.50 SHP
3,000 SOS4.20 SHP
4,000 SOS5.60 SHP
5,000 SOS7.00 SHP
10,000 SOS14.00 SHP
15,000 SOS21.00 SHP
20,000 SOS28.00 SHP
30,000 SOS42.00 SHP
40,000 SOS56.00 SHP
50,000 SOS70.00 SHP
100,000 SOS140.00 SHP

*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 Saint Helena?

It can be very confusing when sending money from Somalia to Saint Helena given so many choices. Additionally, Somali Shilling to SHP 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 Saint Helena 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 Saint Helena 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 Saint Helena Pound remittances.


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

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 Saint Helena from Somalia.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your SOS to Saint Helena Pound 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 SHP 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 transfer money from Somalia to Saint Helena?

Finding the cheapest way to send money from Somalia to Saint Helena 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 SHP 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 Saint Helena 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.


How to send money to Saint Helena from Somalia through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Somalia to Saint Helena. 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 SHP 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 Saint Helena 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.


What is the fastest way to transfer money from Somalia to Saint Helena?

It could be a stressful experience if you need to rush money quickly from Somalia to Saint Helena. 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 SHP. 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 Saint Helena Pound. 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 Saint Helena money transfers.


Which are the best money transfer companies to transfer money to Saint Helena from Somalia?

Somalia to Saint Helena 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 Saint Helena 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 Saint Helena Pound 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 do a money transfer from Somalia to Saint Helena

With so many possible ways to transfer Somali Shilling to Saint Helena Pound, 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 Saint Helena 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 Saint Helena. 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 Saint Helena Pound money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.