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Understanding the Table:
The comparison table above helps you see the total cost of your WorldRemit currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
WorldRemit is a popular online money transfer service that allows users to send money to over 130 countries worldwide. The platform is known for its easy-to-use interface and low fees, making it a great option for people looking to send money to friends and family overseas.
One of the standout features of WorldRemit is its flexibility when it comes to payment and delivery options. Users can choose to send money via bank transfer, mobile money, or cash pickup, and recipients can receive funds through a bank account, mobile wallet, or cash pick-up location. This makes it easy for users to find a payment and delivery method that works best for them and their recipients.
In addition, WorldRemit offers competitive exchange rates and low fees, which can help users save money on international transfers. The platform also provides real-time updates on the status of transfers, so users can easily track their funds and ensure they arrive at their intended destination.
Overall, WorldRemit is a reliable and user-friendly platform for sending money internationally. Its wide range of payment and delivery options, competitive rates, and real-time updates make it a top choice for many users.
For more details on WorldRemit exchange rates, service and what their users think read our guide WorldRemit Foreign Transfers Reviewed.
The WorldRemit USD to SOS exchange rate is 557.78. This is -2.4% compared to the latest USD-SOS mid-market rate 571.50.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Somali shilling (SOS) rates from different sources before making a conversion.
The above WorldRemit - Dollar to Somali shilling comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by WorldRemit and other foreign exchange providers against the latest USD-SOS mid-rate and the possible savings of using various providers.
Looking at the full USD to SOS - Send Money comparison table the provider with the best USD to SOS exchange rate is Wise at 567.79, -0.65% from the latest mid-market rate 571.50.
The next best is WorldRemit at 557.78, -2.4% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service like WorldRemit or platforms that offer rates closer to the mid-market rate.
Recent exchange rate forecasts for the USD to EUR have highlighted a significant downturn for the US dollar, which has fallen to a three-year low.
The USD to JPY exchange rate has come under pressure due to a combination of tariff concerns and shifts in U.S.
View a full list of exchange rates by selecting your Base (from) currency: