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Understanding the Table:
The comparison table above helps you see the total cost of your 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’.
Sending money to Somalia can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Somalia bank accounts or pay a Somali shilling invoice.
Australian dollar (AUD) to Somali shilling (SOS) market data - latest interbank exchange rate, trend, chart & historic rates.
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Australian dollar against the Somali shilling is to review how the AUD/SOS rate has changed over time.
The table below shows the percentage change in the AUD to SOS exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
| Date | AUD/SOS | Change | Period |
|---|---|---|---|
07 Jul 2023 | 379.42 | 0.8% ▲ | 2 Week |
22 Apr 2023 | 380.44 | 0.6% ▲ | 3 Month |
21 Jul 2022 | 393.34 | 2.7% ▼ | 1 Year |
22 Jul 2018 | 427.01 | 10.4% ▼ | 5 Year |
23 Jul 2013 | 1285.56 | 70.2% ▼ | 10 Year |
26 Jul 2003 | 1731.99 | 77.9% ▼ | 20 Year |
To help you understand the real-world value of the current exchange rate, the table below shows how much Australian dollar are worth in Somali shilling across a range of amounts.
This gives a quick view of what you’d get when converting different AUD amounts at today’s rate * :
*Converted at the current AUD-SOS interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best AUD to SOS exchange rate is 369.53 from Wise. This is -0.65% compared to the mid-market rate 371.95.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Australian dollar (AUD) to Somali shilling (SOS) rates from different sources before making a conversion.
The above Aussie to Somali shilling comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest AUD-SOS mid-rate and the possible savings of using various providers.
Looking at the full comparison table the best AUD to SOS exchange rate is 369.53 from Wise, -0.65% from the mid-market rate 371.95. The next best rate is 355.21 from WorldRemit, -4.5% 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 or platforms that offer rates closer to the mid-market rate.
Recent forecasts and market updates indicate that the AUD/USD exchange rate remains susceptible to a variety of domestic and international influences.
Recent forecasts for the AUD to EUR exchange rate highlight a complex interplay of global economic factors influencing both currencies.
The Australian dollar (AUD) to Japanese yen (JPY) exchange rate is currently seeing significant activity, recently trading at 14-day highs near 94.56, reflecting...
View a full list of exchange rates by selecting your Base (from) currency: