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Compare today's SOS to SAR (Somali Shilling to Saudi Riyal) exchange rates

Somalia
Saudi Arabia
SOS
Interbank Exchange Rate: 1 SOS = 0.0066 SAR
Updated about an hour ago

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All you need to know about Somali Shilling to Saudi Riyal money transfers

Easily compare money transfer providers in one place to send money from Somalia to Saudi Arabia. Send money overseas to your loved ones by comparing Somali Shilling (SOS) to Saudi Riyal (SAR) 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 SAR Conversion Rates

Here are some latest SOS to SAR (Somali Shilling to Saudi Riyal) exchange rates for popular conversion amounts*.

1 SOS0.01 SAR
5 SOS0.03 SAR
10 SOS0.07 SAR
25 SOS0.17 SAR
50 SOS0.33 SAR
100 SOS0.66 SAR
150 SOS0.99 SAR
200 SOS1.32 SAR
250 SOS1.65 SAR
300 SOS1.98 SAR
400 SOS2.64 SAR
500 SOS3.30 SAR
600 SOS3.96 SAR
700 SOS4.62 SAR
800 SOS5.28 SAR
1,000 SOS6.60 SAR
1,500 SOS9.90 SAR
2,000 SOS13.20 SAR
2,500 SOS16.50 SAR
3,000 SOS19.80 SAR
4,000 SOS26.40 SAR
5,000 SOS33.00 SAR
10,000 SOS66.00 SAR
15,000 SOS99.00 SAR
20,000 SOS132.00 SAR
30,000 SOS198.00 SAR
40,000 SOS264.00 SAR
50,000 SOS330.00 SAR
100,000 SOS660.00 SAR

*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 to Saudi Arabia from Somalia?

With the global remittance market booming, there are so many choices for Somali Shilling to SAR 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 Saudi Arabia 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 SAR 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 exchange rate for your money transfers from Somalia to Saudi Arabia?

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 Saudi Arabia 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 Saudi Riyal 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 Saudi Riyal exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


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

The final amount your recipient gets when you send SOS to SAR 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 Saudi Arabia 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 Saudi Riyal 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 Saudi Arabia 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.


Should I use my bank to send money from Somalia to Saudi Arabia?

Big banks in Somalia are known to make a lot of money by charging high fees on Saudi Arabia 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 SAR 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 Saudi Arabia. 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 Saudi Arabia. You work hard for your money, so you should also ensure you get the maximum yield when you send SAR overseas.


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

The first thing to do when you need to convert SOS to SAR 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 Saudi Riyal. 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 Saudi Arabia 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 Saudi Arabia.


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

Somalia to Saudi Arabia 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 Saudi Arabia 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 Saudi Riyal 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 Saudi Arabia from Somalia

There are many important aspects of Somalia to Saudi Arabia 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 SAR 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 Saudi Arabia to validate that they get the money once the transaction clears.