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

Compare today's GHS to MNT (Ghana Cedi to Mongolian Togrog) exchange rates

Ghana
Mongolia
GHS

Interbank Exchange Rate: 1 GHS = 326.2089 MNT
Updated about an hour ago

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All you need to know about Ghana Cedi to Mongolian Togrog money transfers

Easily compare money transfer providers in one place to send money from Ghana to Mongolia. Send money overseas to your loved ones by comparing Ghana Cedi (GHS) 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 Ghana.

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Latest GHS to MNT Conversion Rates

Here are some latest GHS to MNT (Ghana Cedi to Mongolian Togrog) exchange rates for popular conversion amounts*.

1 GHS326.21 MNT
5 GHS1,631.04 MNT
10 GHS3,262.09 MNT
25 GHS8,155.22 MNT
50 GHS16,310.45 MNT
100 GHS32,620.89 MNT
150 GHS48,931.34 MNT
200 GHS65,241.78 MNT
250 GHS81,552.23 MNT
300 GHS97,862.67 MNT
400 GHS130,483.56 MNT
500 GHS163,104.45 MNT
600 GHS195,725.34 MNT
700 GHS228,346.23 MNT
800 GHS260,967.12 MNT
1,000 GHS326,208.90 MNT
1,500 GHS489,313.35 MNT
2,000 GHS652,417.80 MNT
2,500 GHS815,522.25 MNT
3,000 GHS978,626.70 MNT
4,000 GHS1,304,835.60 MNT
5,000 GHS1,631,044.50 MNT
10,000 GHS3,262,089.00 MNT
15,000 GHS4,893,133.50 MNT
20,000 GHS6,524,178.00 MNT
30,000 GHS9,786,267.00 MNT
40,000 GHS13,048,356.00 MNT
50,000 GHS16,310,445.00 MNT
100,000 GHS32,620,890.00 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 Ghana to Mongolia money transfers?

There are many good choices when it comes to sending money from Ghana to Mongolia. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Ghana Cedi to MNT money transfers.

We compare different remittance companies to bring you the best options to send money to Mongolia from Ghana. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Ghana Cedi to Mongolian Togrog money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for sending money from Ghana to Mongolia?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Mongolia from Ghana.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your GHS to Mongolian Togrog remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for GHS to MNT remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to transfer money from Ghana to Mongolia?

Finding the cheapest way to send money from Ghana to Mongolia might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer GHS to MNT via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Ghana to Mongolia exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


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

Bank transfers have been a traditionally popular way to send money overseas from Ghana 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 GHS 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 Ghana 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 Ghana to Mongolia?

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


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

Comparing money transfer companies for sending money to Mongolia from Ghana can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Mongolia. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Ghana Cedi to Mongolian Togrog transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Mongolian Togrog yield on every Ghana Cedi that you send.


Step by step guide to do a money transfer from Ghana to Mongolia

Follow the below easy steps to send money to Mongolia from Ghana.

  • 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 Ghana 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.

The provider will then work on your GHS to MNT remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your 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.