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Compare today's SOS to THB (Somali Shilling to Thai Baht) exchange rates

Somalia
Thailand
SOS

Interbank Exchange Rate: 1 SOS = 0.0558 THB
Updated about an hour ago

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All you need to know about Somali Shilling to Thai Baht money transfers

Easily compare money transfer providers in one place to send money from Somalia to Thailand. Send money overseas to your loved ones by comparing Somali Shilling (SOS) to Thai Baht (THB) 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 Thailand 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 THB Conversion Rates

Here are some latest SOS to THB (Somali Shilling to Thai Baht) exchange rates for popular conversion amounts*.

1 SOS0.06 THB
5 SOS0.28 THB
10 SOS0.56 THB
25 SOS1.40 THB
50 SOS2.79 THB
100 SOS5.58 THB
150 SOS8.37 THB
200 SOS11.16 THB
250 SOS13.95 THB
300 SOS16.74 THB
400 SOS22.32 THB
500 SOS27.90 THB
600 SOS33.48 THB
700 SOS39.06 THB
800 SOS44.64 THB
1,000 SOS55.80 THB
1,500 SOS83.70 THB
2,000 SOS111.60 THB
2,500 SOS139.50 THB
3,000 SOS167.40 THB
4,000 SOS223.20 THB
5,000 SOS279.00 THB
10,000 SOS558.00 THB
15,000 SOS837.00 THB
20,000 SOS1,116.00 THB
30,000 SOS1,674.00 THB
40,000 SOS2,232.00 THB
50,000 SOS2,790.00 THB
100,000 SOS5,580.00 THB

*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 Thailand from Somalia?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Somalia to Thailand. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Somali Shilling to THB.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send SOS to THB in Thailand. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Thailand from Somalia. We provide you with maximum choices to send money to Thailand by comparing competing money transfer companies thereby making you the winner in the end.


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

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 Thailand from Somalia.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your SOS to Thai Baht 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 THB 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 Thailand?

When you want to send money to Thailand from Somalia, you obviously want the cheapest possible option to maximize the money your recipient gets in Thai Baht. 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 THB 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 Thailand. 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 Thailand 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 Thai Baht overseas.


Should I use my bank to send money from Somalia to Thailand?

Bank transfers have been a traditionally popular way to send money overseas from Somalia to Thailand. 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 THB 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 Thailand 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 Thailand?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Somalia to Thailand. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert SOS to THB fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Somali Shilling amount reaching Thailand. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Thai Baht quickly to Thailand, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


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

Since the Somali Shilling to Thai Baht 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 Thailand. 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 THB money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Thailand 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 Thailand transaction.


Step by step guide to send money from Somalia to Thailand

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