Compare today's SOS to MAD (Somali Shilling to Moroccan Dirham) exchange rates
Interbank Exchange Rate: 1 SOS = 0.0161 MAD
Updated about an hour ago
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All you need to know about Somali Shilling to Moroccan Dirham money transfers
Easily compare money transfer providers in one place to send money from Somalia to Western Sahara. Send money overseas to your loved ones by comparing Somali Shilling (SOS) to Moroccan Dirham (MAD) 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 MAD Conversion Rates
Here are some latest SOS to MAD (Somali Shilling to Moroccan Dirham) exchange rates for popular conversion amounts*.
| 1 SOS | 0.02 MAD |
| 5 SOS | 0.08 MAD |
| 10 SOS | 0.16 MAD |
| 25 SOS | 0.40 MAD |
| 50 SOS | 0.80 MAD |
| 100 SOS | 1.61 MAD |
| 150 SOS | 2.42 MAD |
| 200 SOS | 3.22 MAD |
| 250 SOS | 4.03 MAD |
| 300 SOS | 4.83 MAD |
| 400 SOS | 6.44 MAD |
| 500 SOS | 8.05 MAD |
| 600 SOS | 9.66 MAD |
| 700 SOS | 11.27 MAD |
| 800 SOS | 12.88 MAD |
| 1,000 SOS | 16.10 MAD |
| 1,500 SOS | 24.15 MAD |
| 2,000 SOS | 32.20 MAD |
| 2,500 SOS | 40.25 MAD |
| 3,000 SOS | 48.30 MAD |
| 4,000 SOS | 64.40 MAD |
| 5,000 SOS | 80.50 MAD |
| 10,000 SOS | 161.00 MAD |
| 15,000 SOS | 241.50 MAD |
| 20,000 SOS | 322.00 MAD |
| 30,000 SOS | 483.00 MAD |
| 40,000 SOS | 644.00 MAD |
| 50,000 SOS | 805.00 MAD |
| 100,000 SOS | 1,610.00 MAD |
*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 Western Sahara from Somalia?
Sending money internationally to Western Sahara 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 MAD 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 Western Sahara. 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 Moroccan Dirham.
How to get the best rate to transfer money to Western Sahara from Somalia?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Western Sahara 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 Moroccan Dirham 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 Western Sahara corridor to give you more good choices for your next MAD money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way to send money from Somalia to Western Sahara?
The final amount your recipient gets when you send SOS to MAD 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 Western Sahara 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 Moroccan Dirham 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 Western Sahara 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 Western Sahara?
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 MAD 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 Western Sahara 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 Western Sahara 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 Western Sahara. But, you are likely to get much better rates and lower fees compared to your bank.
How to send money to Western Sahara from Somalia fast?
The first thing to do when you need to convert SOS to MAD 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 Moroccan Dirham. 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 Western Sahara 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 Western Sahara.
Which are the best money transfer companies to send money to Western Sahara from Somalia?
Somalia to Western Sahara 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 Western Sahara 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 Moroccan Dirham 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 send money to Western Sahara from Somalia
Follow the below easy steps to send money to Western Sahara from Somalia.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Somalia bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Western Sahara).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.