SOS to PAB

Convert Somali Shilling to Panamanian Balboa

1 SOS = 0.0017 PAB

Rule of thumb

When you are abroad and you just want to get a quick estimate, use this rule of thumb:

Divide the amount in Somali Shilling (SOS) by 1000 and add 2/3rds to get it in Panamanian Balboa (PAB)

How to convert Somali Shilling to Panamanian Balboa

Converting currencies can be done through various channels. Currency exchange services at banks or online platforms offer a straightforward solution—simply input the amount and desired currency. Online converters and ATMs also provide convenient options, while credit cards automatically handle conversions during international transactions.

How much does it cost to convert SOS to PAB

The cost of converting SOS to PAB depends on the method chosen. Exchange services may charge fees or offer slightly different rates. Online platforms and ATMs may have transaction fees, and credit cards might include foreign transaction fees. It’s essential to compare options and consider associated costs before deciding on a conversion method.

Somali Shilling to Panamanian Balboas conversion rates

1 SOS0.00 PAB
5 SOS0.01 PAB
10 SOS0.02 PAB
20 SOS0.03 PAB
50 SOS0.09 PAB
100 SOS0.17 PAB
250 SOS0.44 PAB
500 SOS0.87 PAB
1000 SOS1.75 PAB
2000 SOS3.50 PAB
5000 SOS8.74 PAB
10000 SOS17.49 PAB
1 PAB571.79 SOS
5 PAB2,858.93 SOS
10 PAB5,717.85 SOS
20 PAB11,435.71 SOS
50 PAB28,589.26 SOS
100 PAB57,178.53 SOS
250 PAB142,946.32 SOS
500 PAB285,892.64 SOS
1000 PAB571,785.28 SOS
2000 PAB1,143,570.57 SOS
5000 PAB2,858,926.42 SOS
10000 PAB5,717,852.84 SOS

Top Currency Pairings for Somali Shilling


PAB to SOS

SOS to USD

SOS to EUR

SOS to GBP

SOS to JPY

SOS to AUD

SOS to CAD

SOS to CHF

SOS to CNY

SOS to SEK

SOS to NZD

SOS to MXN
Looking for another SOS currency pair?

How to transfer money? And how long does it take?

Peer-to-peer payment apps like Venmo or PayPal offer quick transactions. Wire transfers through banks are an option but can take a few days. Cryptocurrencies, such as Bitcoin or Ethereum, provide a decentralized alternative for transferring funds globally, offering speed and some degree of anonymity.

Look out for exchange scams

Look out forDescription
Unofficial Currency ExchangesStreet individuals and kioks may offer attractive rates and/or give counterfeit currency. Use established offices for safety.
Dynamic Currency ConversionSome ATMs offer less favorable exchange rates. Opt for local currency to avoid extra fees during transactions.
Overcharging at Exchange OfficesTourist-heavy areas may charge higher fees. Compare rates and be aware of additional fees before transactions.
Fake Banknote SwitchBe cautious during exchanges to prevent scammers from switching real currency with counterfeits. Count money carefully.
Inflated CommissionsExchange offices may have hidden fees. Inquire about the total cost, including commissions, before exchanging money.
Always know exactly how the coins and notes from the currency look like. Know or ask about exchange rate and fees beforehand and count your money carefully afterwards. Look at the chart, when was the last price update? Use your calculator to verify.

Currency Information

SOS, short for Somali Shilling, is the official currency of Somalia. It is primarily used as legal tender within Somalia.

The PAB, or Panamanian Balboa, is the official currency of Panama. It has the same value and is used interchangeably with the United States dollar in Panama. The PAB is only used as legal tender within Panama and is not accepted in any other countries.

Cost of Living Comparison

When it comes to daily expenses, the cost of groceries and dining out plays a significant role. Here we look at the average weekly cost for basic groceries and dining out at a mid-range restaurant dinner for two people.

LocationWeekly GroceriesDining Out for Two
Somalia€50€30
Panama€80€40
All numbers in Euros for easy comparison.

Keep in mind that these figures are approximations, and actual costs can vary based on specific locations and individual choices.