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Compare today's SOS to NOK (Somali Shilling to Norwegian Krone) exchange rates

Somalia
Svalbard and Jan Mayen
SOS

Interbank Exchange Rate: 1 SOS = 0.0170 NOK
Updated about an hour ago

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All you need to know about Somali Shilling to Norwegian Krone money transfers

Easily compare money transfer providers in one place to send money from Somalia to Svalbard and Jan Mayen. Send money overseas to your loved ones by comparing Somali Shilling (SOS) to Norwegian Krone (NOK) 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 Svalbard and Jan Mayen 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 NOK Conversion Rates

Here are some latest SOS to NOK (Somali Shilling to Norwegian Krone) exchange rates for popular conversion amounts*.

1 SOS0.02 NOK
5 SOS0.09 NOK
10 SOS0.17 NOK
25 SOS0.43 NOK
50 SOS0.85 NOK
100 SOS1.70 NOK
150 SOS2.55 NOK
200 SOS3.40 NOK
250 SOS4.25 NOK
300 SOS5.10 NOK
400 SOS6.80 NOK
500 SOS8.50 NOK
600 SOS10.20 NOK
700 SOS11.90 NOK
800 SOS13.60 NOK
1,000 SOS17.00 NOK
1,500 SOS25.50 NOK
2,000 SOS34.00 NOK
2,500 SOS42.50 NOK
3,000 SOS51.00 NOK
4,000 SOS68.00 NOK
5,000 SOS85.00 NOK
10,000 SOS170.00 NOK
15,000 SOS255.00 NOK
20,000 SOS340.00 NOK
30,000 SOS510.00 NOK
40,000 SOS680.00 NOK
50,000 SOS850.00 NOK
100,000 SOS1,700.00 NOK

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Somalia to Svalbard and Jan Mayen money transfers?

Sending money internationally to Svalbard and Jan Mayen 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 NOK 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 Svalbard and Jan Mayen. 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 Norwegian Krone.


How to get the best rate to transfer money to Svalbard and Jan Mayen from Somalia?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Svalbard and Jan Mayen.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Somalia to Svalbard and Jan Mayen transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your SOS to Norwegian Krone money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to send money to Svalbard and Jan Mayen from Somalia?

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

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


How to send money to Svalbard and Jan Mayen 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 NOK 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 Svalbard and Jan Mayen 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 Svalbard and Jan Mayen 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 Svalbard and Jan Mayen. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Somalia to Svalbard and Jan Mayen fast?

The speed of your Somali Shilling to Norwegian Krone 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 NOK. 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 Svalbard and Jan Mayen 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 Svalbard and Jan Mayen 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 NOK into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Somalia bank to Svalbard and Jan Mayen bank transfer.


Which are the best money transfer companies to transfer money to Svalbard and Jan Mayen from Somalia?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Somalia to Svalbard and Jan Mayen, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Somali Shilling to Norwegian Krone exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your NOK money transfers to Svalbard and Jan Mayen. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Svalbard and Jan Mayen getting more money for every Somali Shilling you send.


Step by step guide to send money to Svalbard and Jan Mayen 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 Svalbard and Jan Mayen, 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 Svalbard and Jan Mayen 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 Svalbard and Jan Mayen where they can receive monies in Norwegian Krone.
  • 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.