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Compare today's SOS to SRD (Somali Shilling to Surinamese Dollar) exchange rates

Somalia
Suriname
SOS

Interbank Exchange Rate: 1 SOS = 0.0664 SRD
Updated about an hour ago

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All you need to know about Somali Shilling to Surinamese Dollar money transfers

Easily compare money transfer providers in one place to send money from Somalia to Suriname. Send money overseas to your loved ones by comparing Somali Shilling (SOS) to Surinamese Dollar (SRD) 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 Suriname 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 SRD Conversion Rates

Here are some latest SOS to SRD (Somali Shilling to Surinamese Dollar) exchange rates for popular conversion amounts*.

1 SOS0.07 SRD
5 SOS0.33 SRD
10 SOS0.66 SRD
25 SOS1.66 SRD
50 SOS3.32 SRD
100 SOS6.64 SRD
150 SOS9.96 SRD
200 SOS13.28 SRD
250 SOS16.60 SRD
300 SOS19.92 SRD
400 SOS26.56 SRD
500 SOS33.20 SRD
600 SOS39.84 SRD
700 SOS46.48 SRD
800 SOS53.12 SRD
1,000 SOS66.40 SRD
1,500 SOS99.60 SRD
2,000 SOS132.80 SRD
2,500 SOS166.00 SRD
3,000 SOS199.20 SRD
4,000 SOS265.60 SRD
5,000 SOS332.00 SRD
10,000 SOS664.00 SRD
15,000 SOS996.00 SRD
20,000 SOS1,328.00 SRD
30,000 SOS1,992.00 SRD
40,000 SOS2,656.00 SRD
50,000 SOS3,320.00 SRD
100,000 SOS6,640.00 SRD

*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 Suriname?

With the global remittance market booming, there are so many choices for Somali Shilling to SRD 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 Suriname 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 SRD 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 Suriname?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Suriname 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 Surinamese Dollar 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 Suriname corridor to give you more good choices for your next SRD money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money to Suriname from Somalia?

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

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


How to send money to Suriname from Somalia 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 SRD 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 Suriname 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 Suriname 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 Suriname. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Somalia to Suriname fast?

The speed of your Somali Shilling to Surinamese Dollar 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 SRD. 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 Suriname 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 Suriname 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 SRD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Somalia bank to Suriname bank transfer.


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

Since the Somali Shilling to Surinamese Dollar money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Somalia that may also be able to send money to Suriname. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your SOS to SRD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Suriname gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Somalia to Suriname transaction.


Step by step guide to send money to Suriname from Somalia

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Somalia to Suriname, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Somalia to Suriname that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Suriname where they can receive monies in Surinamese Dollar.
  • Then, provide details of your Somalia bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your SOS travel to another part of the globe.