Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's CNY to MNT (Chinese Yuan to Mongolian Togrog) exchange rates

China
Mongolia
CNY

Interbank Exchange Rate: 1 CNY = 512.4588 MNT
Updated about an hour ago

Found 1 Remittance Service Providers

TRANSFERWISE
Read more about Wise
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 CNY =
467 815.80 MNT
Transfer Limit (CNY): 1 - 1000000
Locked-In Rate1 CNY = 467.8158 MNT

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Chinese Yuan to Mongolian Togrog money transfers

Easily compare money transfer providers in one place to send money from China to Mongolia. Send money overseas to your loved ones by comparing Chinese Yuan (CNY) 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.

RemitFinder compared 1 money transfer operators to get you the best FX rates to send money from China to Mongolia.

The best rate to send Mongolian Togrog from Chinese Yuan to your loved ones in Mongolia is currently offered by Wise; their 1 CNY to MNT exchange rate today is 467.8158.

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 China.

Were you looking to send money from Mongolia to China 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 CNY to MNT Conversion Rates

Here are some latest CNY to MNT (Chinese Yuan to Mongolian Togrog) exchange rates for popular conversion amounts*.

1 CNY512.46 MNT
5 CNY2,562.29 MNT
10 CNY5,124.59 MNT
25 CNY12,811.47 MNT
50 CNY25,622.94 MNT
100 CNY51,245.88 MNT
150 CNY76,868.82 MNT
200 CNY102,491.76 MNT
250 CNY128,114.70 MNT
300 CNY153,737.64 MNT
400 CNY204,983.52 MNT
500 CNY256,229.40 MNT
600 CNY307,475.28 MNT
700 CNY358,721.16 MNT
800 CNY409,967.04 MNT
1,000 CNY512,458.80 MNT
1,500 CNY768,688.20 MNT
2,000 CNY1,024,917.60 MNT
2,500 CNY1,281,147.00 MNT
3,000 CNY1,537,376.40 MNT
4,000 CNY2,049,835.20 MNT
5,000 CNY2,562,294.00 MNT
10,000 CNY5,124,588.00 MNT
15,000 CNY7,686,882.00 MNT
20,000 CNY10,249,176.00 MNT
30,000 CNY15,373,764.00 MNT
40,000 CNY20,498,352.00 MNT
50,000 CNY25,622,940.00 MNT
100,000 CNY51,245,880.00 MNT

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


What's the best way to do China to Mongolia money transfers?

Sending money internationally to Mongolia from China can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Chinese Yuan to MNT remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Mongolia. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Mongolian Togrog.


How to get the best rate to transfer money to Mongolia from China?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Mongolia from China. 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 CNY 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 China 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 transfer money from China to Mongolia?

The final amount your recipient gets when you send CNY to MNT is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from China to Mongolia used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Mongolian Togrog is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Chinese Yuan to Mongolia exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


How to send money to Mongolia from China through a bank?

We do not recommend using your local bank in China for your next CNY to MNT 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 China to Mongolia (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 MNT to Mongolia. These companies will let you use your local bank account in China to pay for your Mongolia money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to do a money transfer to Mongolia from China?

It could be a stressful experience if you need to rush money quickly from China 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 CNY 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 China to Mongolia money transfers.


Which are the best money transfer companies to transfer money to Mongolia from China?

The first step in selecting the best money transfer operators for China 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 Chinese Yuan 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 do a money transfer from China to Mongolia

With so many possible ways to transfer Chinese Yuan to Mongolian Togrog, 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 China to Mongolia 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 China and the receiver in Mongolia. 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 CNY to Mongolian Togrog money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.