Compare today's XOF to MNT (CFA Franc BCEAO to Mongolian Togrog) exchange rates
Interbank Exchange Rate: 1 XOF = 6.3983 MNT
Updated about an hour ago
Found 0 Remittance Service Providers
0 Remit Service Providers did not match the search criteria.
All you need to know about CFA Franc BCEAO to Mongolian Togrog money transfers
Easily compare money transfer providers in one place to send money from Burkina Faso to Mongolia. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Mongolian Togrog (MNT) 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.
Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Burkina Faso.
Were you looking to send money from Mongolia to Burkina Faso instead?
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.
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.
Latest XOF to MNT Conversion Rates
Here are some latest XOF to MNT (CFA Franc BCEAO to Mongolian Togrog) exchange rates for popular conversion amounts*.
| 1 XOF | 6.40 MNT |
| 5 XOF | 31.99 MNT |
| 10 XOF | 63.98 MNT |
| 25 XOF | 159.96 MNT |
| 50 XOF | 319.92 MNT |
| 100 XOF | 639.83 MNT |
| 150 XOF | 959.75 MNT |
| 200 XOF | 1,279.66 MNT |
| 250 XOF | 1,599.58 MNT |
| 300 XOF | 1,919.49 MNT |
| 400 XOF | 2,559.32 MNT |
| 500 XOF | 3,199.15 MNT |
| 600 XOF | 3,838.98 MNT |
| 700 XOF | 4,478.81 MNT |
| 800 XOF | 5,118.64 MNT |
| 1,000 XOF | 6,398.30 MNT |
| 1,500 XOF | 9,597.45 MNT |
| 2,000 XOF | 12,796.60 MNT |
| 2,500 XOF | 15,995.75 MNT |
| 3,000 XOF | 19,194.90 MNT |
| 4,000 XOF | 25,593.20 MNT |
| 5,000 XOF | 31,991.50 MNT |
| 10,000 XOF | 63,983.00 MNT |
| 15,000 XOF | 95,974.50 MNT |
| 20,000 XOF | 127,966.00 MNT |
| 30,000 XOF | 191,949.00 MNT |
| 40,000 XOF | 255,932.00 MNT |
| 50,000 XOF | 319,915.00 MNT |
| 100,000 XOF | 639,830.00 MNT |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to send money from Burkina Faso to Mongolia?
With the global remittance market booming, there are so many choices for CFA Franc BCEAO to MNT 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 Mongolia from Burkina Faso. 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 MNT 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 remit rate for transferring money from Burkina Faso to Mongolia?
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 XOF to Mongolian Togrog 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 Burkina Faso to Mongolia. 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 XOF to MNT 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 Burkina Faso to Mongolia?
One of the most important things to watch out for is hidden fees when sending money to Mongolia from Burkina Faso. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Mongolia using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Mongolian Togrog foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best XOF to Mongolia exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.
Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Mongolia from Burkina Faso.
Should I use my bank to transfer money from Burkina Faso to Mongolia?
Bank transfers have been a traditionally popular way to send money overseas from Burkina Faso to Mongolia. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the XOF to MNT exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.
We, therefore, recommend that before you use your Burkina Faso bank for your Mongolia money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.
How to send money to Mongolia from Burkina Faso fast?
If you need to convert XOF to MNT as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Burkina Faso to Mongolia could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.
Apart from the above, there are many other factors that can have an impact on your CFA Franc BCEAO to Mongolian Togrog funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Mongolia.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Burkina Faso to Mongolia. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.
Which are the best money transfer companies to transfer money from Burkina Faso to Mongolia?
The first step in selecting the best money transfer operators for Burkina Faso to Mongolia 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 CFA Franc BCEAO to Mongolian Togrog 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 Mongolia.
Step by step guide to send money to Mongolia from Burkina Faso
Follow the below easy steps to send money to Mongolia from Burkina Faso.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Burkina Faso bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Mongolia).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.