Compare today's BIF to MNT (Burundian Franc to Mongolian Togrog) exchange rates
Interbank Exchange Rate: 1 BIF = 1.2056 MNT
Updated about an hour ago
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All you need to know about Burundian Franc to Mongolian Togrog money transfers
Easily compare money transfer providers in one place to send money from Burundi to Mongolia. Send money overseas to your loved ones by comparing Burundian Franc (BIF) 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.
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Latest BIF to MNT Conversion Rates
Here are some latest BIF to MNT (Burundian Franc to Mongolian Togrog) exchange rates for popular conversion amounts*.
| 1 BIF | 1.21 MNT |
| 5 BIF | 6.03 MNT |
| 10 BIF | 12.06 MNT |
| 25 BIF | 30.14 MNT |
| 50 BIF | 60.28 MNT |
| 100 BIF | 120.56 MNT |
| 150 BIF | 180.84 MNT |
| 200 BIF | 241.12 MNT |
| 250 BIF | 301.40 MNT |
| 300 BIF | 361.68 MNT |
| 400 BIF | 482.24 MNT |
| 500 BIF | 602.80 MNT |
| 600 BIF | 723.36 MNT |
| 700 BIF | 843.92 MNT |
| 800 BIF | 964.48 MNT |
| 1,000 BIF | 1,205.60 MNT |
| 1,500 BIF | 1,808.40 MNT |
| 2,000 BIF | 2,411.20 MNT |
| 2,500 BIF | 3,014.00 MNT |
| 3,000 BIF | 3,616.80 MNT |
| 4,000 BIF | 4,822.40 MNT |
| 5,000 BIF | 6,028.00 MNT |
| 10,000 BIF | 12,056.00 MNT |
| 15,000 BIF | 18,084.00 MNT |
| 20,000 BIF | 24,112.00 MNT |
| 30,000 BIF | 36,168.00 MNT |
| 40,000 BIF | 48,224.00 MNT |
| 50,000 BIF | 60,280.00 MNT |
| 100,000 BIF | 120,560.00 MNT |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to transfer money from Burundi to Mongolia?
Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Burundi to Mongolia. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Burundian Franc to MNT.You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send BIF to MNT in Mongolia. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.
With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Mongolia from Burundi. We provide you with maximum choices to send money to Mongolia by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best exchange rate for sending money from Burundi to Mongolia?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Mongolia from Burundi. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.One way you could eliminate the manual work to search and compare providers for your BIF to Mongolian Togrog money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.
We are also constantly adding new partners for the Burundi to Mongolia corridor to give you more good choices for your next MNT money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way to send money from Burundi to Mongolia?
While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Burundi to Mongolia via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.A sure way to find the most cost effective way for Burundian Franc to Mongolian Togrog remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.
Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Burundi to Mongolia exchange rate.
Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for BIF to MNT remittances.
Should I use my bank to transfer money from Burundi to Mongolia?
Bank transfers have been a traditionally popular way to send money overseas from Burundi 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 BIF 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 Burundi 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.
What is the fastest way to transfer money from Burundi to Mongolia?
It could be a stressful experience if you need to rush money quickly from Burundi to Mongolia. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?First, you should ensure that you are picking the right payment method to convert BIF to MNT. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.
Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Mongolian Togrog. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.
Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Burundi to Mongolia money transfers.
Which are the best money transfer companies to send money to Mongolia from Burundi?
Since the Burundian Franc to Mongolian Togrog money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Burundi that may also be able to send money to Mongolia. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.
To further decrease the cost of your BIF to MNT money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Mongolia gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Burundi to Mongolia transaction.
Step by step guide to send money to Mongolia from Burundi
Follow the below easy steps to send money to Mongolia from Burundi.- 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 Burundi 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.