Foreign Exchange Guide to Somalia

This currency guide to Somalia helps you choose the best way to save money on SOS transfers and travel money.    [HKD/SOS=74.67]

 
Somalia
Country Code:
SO
Domestic Currency:
Somali Shilling
Symbol - Code:
S SOS
Telephone Prefix:
+252

This is a foreign exchange guide to Somalia, the Somali Shilling currency plus sending SOS transfers and travel tips.

In this Somalia currency guide we take a look at :

  1. Somali Shilling info - general info about the Somali Shilling
  2. Somali Shilling in the markets - recent SOS moves and predictions from the FX markets
  3. Travelling in Somalia - currency & money saving tips
  4. Buying Somali Shilling cash online - travel money for Somalia
  5. Sending money to Somalia - save on Somali Shilling bank transfers to Somalia
  6. Somali Shilling exchange rates - latest & historic exchange rates.

Somali Shilling (SOS) general currency information


What is the Somali Shilling currency code and symbol?

The three letter currency code for the Somali Shilling is SOS and the symbol is S.


Which countries use the Somali Shilling?

It is the domestic currency in Somalia.


Somali Shilling (SOS) in the markets

The interactive chart below shows the HKD to SOS exchange rate and trend for the previous 3 months:

HKD/SOS at 74.92 is trading 0.8% above the 90-day average 74.3 with a range 73.75 to 75.33. There are no current rate alerts.
23-Jan-2020 16:NY 21:LON 08:SYD+1d

Travel, Currency and Money saving tips for Somalia

 

Travel money for Somalia

 

Save money and time by Ordering your Somali Shilling online from Travelex, you get better rates and can pick up the SOS cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Somali Shilling otherwise you may get much worst exchange rates.

   

Somalia Trip Checklist    

 
  1. Compare SOS travel cash rates - probably why you are here!
  2. Lonely Planet - world's best travel guide (coupon and deals)

Sending money to Somalia

When searching around for information on how to get a good exchange rate when sending money to Somalia you need to start with finding out the latest Somali Shilling foreign-transfer exchange rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).


Get a better deal for foreign transfers to Somalia

When sending money to Somalia it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Somali Shilling amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted SOS amount will be transfered to the recipient account you specify in Somalia.

Use our Send to SOS calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Somali Shilling deposited into the recipient bank account and less margins and fees kept by the banks!

   

Bank Transfers to Somalia

Compare Transfer Rates

 

Somali Shilling to United States Dollar - Historical Rates

PeriodSOS/USDDate
1 Day0.00172720 Jan 2020
7 Day0.00172414 Jan 2020
30 Day0.00172622 Dec 2019
3 Month0.00172123 Oct 2019
1 Year0.00172821 Jan 2019
5 Year0.00141022 Jan 2015
10 Year0.00066823 Jan 2010

Somali Shilling to Euro - Historical Rates

PeriodSOS/EURDate
1 Day0.00155620 Jan 2020
7 Day0.00154914 Jan 2020
30 Day0.00155822 Dec 2019
3 Month0.00154623 Oct 2019
1 Year0.00152021 Jan 2019
5 Year0.00124122 Jan 2015
10 Year0.00047323 Jan 2010

Somali Shilling to British Pound Sterling - 10 Year History

PeriodSOS/GBPDate
1 Day0.00132820 Jan 2020
7 Day0.00132414 Jan 2020
30 Day0.00132722 Dec 2019
3 Month0.00133223 Oct 2019
1 Year0.00134021 Jan 2019
5 Year0.00094022 Jan 2015
10 Year0.00041423 Jan 2010

Somali Shilling to Australian Dollar - Historical Rates

PeriodSOS/AUDDate
1 Day0.00251220 Jan 2020
7 Day0.00250114 Jan 2020
30 Day0.00249922 Dec 2019
3 Month0.00251323 Oct 2019
1 Year0.00241321 Jan 2019
5 Year0.00175922 Jan 2015
10 Year0.00074023 Jan 2010

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