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Compare today's AUD to SOS (Australian Dollar to Somali Shilling) exchange rates

Australia
Somalia
AUD
Interbank Exchange Rate: 1 AUD = 378.9075 SOS
Updated about an hour ago

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All you need to know about Australian Dollar to Somali Shilling money transfers

Easily compare money transfer providers in one place to send money from Australia to Somalia. Send money overseas to your loved ones by comparing Australian Dollar (AUD) 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.

Were you looking to send money from Somalia to Australia instead?

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.

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.


Latest AUD to SOS Conversion Rates

Here are some latest AUD to SOS (Australian Dollar to Somali Shilling) exchange rates for popular conversion amounts*.

1 AUD378.91 SOS
5 AUD1,894.54 SOS
10 AUD3,789.08 SOS
25 AUD9,472.69 SOS
50 AUD18,945.38 SOS
100 AUD37,890.75 SOS
150 AUD56,836.13 SOS
200 AUD75,781.50 SOS
250 AUD94,726.88 SOS
300 AUD113,672.25 SOS
400 AUD151,563.00 SOS
500 AUD189,453.75 SOS
600 AUD227,344.50 SOS
700 AUD265,235.25 SOS
800 AUD303,126.00 SOS
1,000 AUD378,907.50 SOS
1,500 AUD568,361.25 SOS
2,000 AUD757,815.00 SOS
2,500 AUD947,268.75 SOS
3,000 AUD1,136,722.50 SOS
4,000 AUD1,515,630.00 SOS
5,000 AUD1,894,537.50 SOS
10,000 AUD3,789,075.00 SOS
15,000 AUD5,683,612.50 SOS
20,000 AUD7,578,150.00 SOS
30,000 AUD11,367,225.00 SOS
40,000 AUD15,156,300.00 SOS
50,000 AUD18,945,375.00 SOS
100,000 AUD37,890,750.00 SOS

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


What's the best way to transfer money from Australia to Somalia?

With the global remittance market booming, there are so many choices for Australian Dollar to SOS money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Somalia from Australia. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final SOS amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best rate to transfer money to Somalia from Australia?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your AUD to Somali Shilling money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Australia to Somalia. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for AUD to SOS remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


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

When you want to send money to Somalia from Australia, 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 AUD 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 Australia 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 Australia 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.


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

We do not recommend using your local bank in Australia for your next AUD 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 Australia 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 Australia 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 to Somalia from Australia fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Australia 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 AUD 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 Australian Dollar 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 transfer money from Australia to Somalia?

The first step in selecting the best money transfer operators for Australia to Somalia remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Australian Dollar to Somali Shilling money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Somalia.


Step by step guide to transfer money to Somalia from Australia

With so many possible ways to transfer Australian Dollar 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 Australia 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 Australia 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 AUD to Somali Shilling money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.