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Compare today's MAD to SOS (Moroccan Dirham to Somali Shilling) exchange rates

Western Sahara
Somalia
MAD

Interbank Exchange Rate: 1 MAD = 62.2335 SOS
Updated about an hour ago

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All you need to know about Moroccan Dirham to Somali Shilling money transfers

Easily compare money transfer providers in one place to send money from Western Sahara to Somalia. Send money overseas to your loved ones by comparing Moroccan Dirham (MAD) 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.

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 Western Sahara.

Were you looking to send money from Somalia to Western Sahara 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 MAD to SOS Conversion Rates

Here are some latest MAD to SOS (Moroccan Dirham to Somali Shilling) exchange rates for popular conversion amounts*.

1 MAD62.23 SOS
5 MAD311.17 SOS
10 MAD622.34 SOS
25 MAD1,555.84 SOS
50 MAD3,111.68 SOS
100 MAD6,223.35 SOS
150 MAD9,335.03 SOS
200 MAD12,446.70 SOS
250 MAD15,558.38 SOS
300 MAD18,670.05 SOS
400 MAD24,893.40 SOS
500 MAD31,116.75 SOS
600 MAD37,340.10 SOS
700 MAD43,563.45 SOS
800 MAD49,786.80 SOS
1,000 MAD62,233.50 SOS
1,500 MAD93,350.25 SOS
2,000 MAD124,467.00 SOS
2,500 MAD155,583.75 SOS
3,000 MAD186,700.50 SOS
4,000 MAD248,934.00 SOS
5,000 MAD311,167.50 SOS
10,000 MAD622,335.00 SOS
15,000 MAD933,502.50 SOS
20,000 MAD1,244,670.00 SOS
30,000 MAD1,867,005.00 SOS
40,000 MAD2,489,340.00 SOS
50,000 MAD3,111,675.00 SOS
100,000 MAD6,223,350.00 SOS

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


What's the best way to send money from Western Sahara to Somalia?

Sending money internationally to Somalia from Western Sahara 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 Moroccan Dirham to SOS 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 Somalia. 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 Somali Shilling.


How to get the best exchange rate for your money transfers from Western Sahara 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 Western Sahara 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 MAD 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 Moroccan Dirham 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 from Western Sahara to Somalia?

When you want to send money to Somalia from Western Sahara, you obviously want the cheapest possible option to maximize the money your recipient gets in Somali Shilling. 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 MAD to SOS 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 Western Sahara to Somalia. 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 Western Sahara to Somalia 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 Somali Shilling overseas.


Should I use my bank to transfer money from Western Sahara to Somalia?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Western Sahara to Somalia money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like MAD to SOS transfers.

Given this, there are umpteen additional options to send money to Somalia instead of just your Western Sahara bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Moroccan Dirham even more so that your recipient in Somalia gets the maximum amount.


What is the fastest way to do a money transfer to Somalia from Western Sahara?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Western Sahara to Somalia. 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 MAD to SOS 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 Moroccan Dirham amount reaching Somalia. 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 Somali Shilling quickly to Somalia, 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 Somalia from Western Sahara?

Comparing money transfer companies for sending money to Somalia from Western Sahara can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Somalia. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Moroccan Dirham to Somali Shilling transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Somali Shilling yield on every Moroccan Dirham that you send.


Step by step guide to do a money transfer from Western Sahara to Somalia

With so many possible ways to transfer Moroccan Dirham 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 Western Sahara 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 Western Sahara 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 MAD to Somali Shilling money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.