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Compare today's LYD to MXN (Libyan Dinar to Mexican Peso) exchange rates

Libya
Mexico
LYD

Interbank Exchange Rate: 1 LYD = 2.7437 MXN
Updated about an hour ago

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All you need to know about Libyan Dinar to Mexican Peso money transfers

Easily compare money transfer providers in one place to send money from Libya to Mexico. Send money overseas to your loved ones by comparing Libyan Dinar (LYD) to Mexican Peso (MXN) 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 Libya.

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Latest LYD to MXN Conversion Rates

Here are some latest LYD to MXN (Libyan Dinar to Mexican Peso) exchange rates for popular conversion amounts*.

1 LYD2.74 MXN
5 LYD13.72 MXN
10 LYD27.44 MXN
25 LYD68.59 MXN
50 LYD137.19 MXN
100 LYD274.37 MXN
150 LYD411.56 MXN
200 LYD548.74 MXN
250 LYD685.93 MXN
300 LYD823.11 MXN
400 LYD1,097.48 MXN
500 LYD1,371.85 MXN
600 LYD1,646.22 MXN
700 LYD1,920.59 MXN
800 LYD2,194.96 MXN
1,000 LYD2,743.70 MXN
1,500 LYD4,115.55 MXN
2,000 LYD5,487.40 MXN
2,500 LYD6,859.25 MXN
3,000 LYD8,231.10 MXN
4,000 LYD10,974.80 MXN
5,000 LYD13,718.50 MXN
10,000 LYD27,437.00 MXN
15,000 LYD41,155.50 MXN
20,000 LYD54,874.00 MXN
30,000 LYD82,311.00 MXN
40,000 LYD109,748.00 MXN
50,000 LYD137,185.00 MXN
100,000 LYD274,370.00 MXN

*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 Libya to Mexico?

With the global remittance market booming, there are so many choices for Libyan Dinar to MXN 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 Mexico from Libya. 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 MXN 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 Libya to Mexico?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Libya to Mexico transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your LYD to Mexican Peso international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Libyan Dinar to Mexican Peso exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to send money from Libya to Mexico?

Finding the cheapest way to send money from Libya to Mexico 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 LYD to MXN 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 Libya to Mexico 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 from Libya to Mexico through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Libya to Mexico. 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 LYD to MXN 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 Libya bank for your Mexico 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 Mexico from Libya fast?

It could be a stressful experience if you need to rush money quickly from Libya to Mexico. 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 LYD to MXN. 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 Mexican Peso. 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 Libya to Mexico money transfers.


Which are the best money transfer companies to transfer money from Libya to Mexico?

Since the Libyan Dinar to Mexican Peso 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 Libya that may also be able to send money to Mexico. 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 LYD to MXN money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Mexico gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Libya to Mexico transaction.


Step by step guide to send money from Libya to Mexico

Follow the below easy steps to send money to Mexico from Libya.

  • 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 Libya bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Mexico).
  • 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 LYD to MXN 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.