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Compare today's SEK to SOS (Swedish Krona to Somali Shilling) exchange rates

Sweden
Somalia
SEK
Interbank Exchange Rate: 1 SEK = 60.1543 SOS
Updated about an hour ago

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All you need to know about Swedish Krona to Somali Shilling money transfers

Easily compare money transfer providers in one place to send money from Sweden to Somalia. Send money overseas to your loved ones by comparing Swedish Krona (SEK) to Somali Shilling (SOS) 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 SEK to SOS Conversion Rates

Here are some latest SEK to SOS (Swedish Krona to Somali Shilling) exchange rates for popular conversion amounts*.

1 SEK60.15 SOS
5 SEK300.77 SOS
10 SEK601.54 SOS
25 SEK1,503.86 SOS
50 SEK3,007.72 SOS
100 SEK6,015.43 SOS
150 SEK9,023.15 SOS
200 SEK12,030.86 SOS
250 SEK15,038.57 SOS
300 SEK18,046.29 SOS
400 SEK24,061.72 SOS
500 SEK30,077.15 SOS
600 SEK36,092.58 SOS
700 SEK42,108.01 SOS
800 SEK48,123.44 SOS
1,000 SEK60,154.30 SOS
1,500 SEK90,231.45 SOS
2,000 SEK120,308.60 SOS
2,500 SEK150,385.75 SOS
3,000 SEK180,462.90 SOS
4,000 SEK240,617.20 SOS
5,000 SEK300,771.50 SOS
10,000 SEK601,543.00 SOS
15,000 SEK902,314.50 SOS
20,000 SEK1,203,086.00 SOS
30,000 SEK1,804,629.00 SOS
40,000 SEK2,406,172.00 SOS
50,000 SEK3,007,715.00 SOS
100,000 SEK6,015,430.00 SOS

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


What's the best way to do Sweden to Somalia money transfers?

It can be very confusing when sending money from Sweden to Somalia given so many choices. Additionally, Swedish Krona to SOS exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Sweden to Somalia as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Somalia from Sweden. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Swedish Krona to Somali Shilling remittances.


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

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 Sweden to Somalia 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 SEK to Somali Shilling 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 Swedish Krona to Somali Shilling exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


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

Finding the cheapest way to send money from Sweden to Somalia might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer SEK to SOS via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Sweden to Somalia exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


How to send money to Somalia from Sweden through a bank?

We do not recommend using your local bank in Sweden for your next SEK to SOS overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Sweden to Somalia (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending SOS to Somalia. These companies will let you use your local bank account in Sweden to pay for your Somalia money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money from Sweden to Somalia fast?

The speed of your Swedish Krona to Somali Shilling 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 SEK to SOS. 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 Somalia from Sweden 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 Somalia 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 SOS into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Sweden bank to Somalia bank transfer.


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

Since the Swedish Krona to Somali Shilling 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 Sweden that may also be able to send money to Somalia. 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 SEK to SOS money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Somalia gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Sweden to Somalia transaction.


Step by step guide to transfer money to Somalia from Sweden

With so many possible ways to transfer Swedish Krona to Somali Shilling, 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 Sweden to Somalia 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 Sweden and the receiver in Somalia. 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 SEK to Somali Shilling money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.