Compare today's MVR to MNT (Maldivian Rufiyaa to Mongolian Togrog) exchange rates
Interbank Exchange Rate: 1 MVR = 230.2717 MNT
Updated about an hour ago
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All you need to know about Maldivian Rufiyaa to Mongolian Togrog money transfers
Easily compare money transfer providers in one place to send money from Maldives to Mongolia. Send money overseas to your loved ones by comparing Maldivian Rufiyaa (MVR) 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 MVR to MNT Conversion Rates
Here are some latest MVR to MNT (Maldivian Rufiyaa to Mongolian Togrog) exchange rates for popular conversion amounts*.
| 1 MVR | 230.27 MNT |
| 5 MVR | 1,151.36 MNT |
| 10 MVR | 2,302.72 MNT |
| 25 MVR | 5,756.79 MNT |
| 50 MVR | 11,513.59 MNT |
| 100 MVR | 23,027.17 MNT |
| 150 MVR | 34,540.76 MNT |
| 200 MVR | 46,054.34 MNT |
| 250 MVR | 57,567.93 MNT |
| 300 MVR | 69,081.51 MNT |
| 400 MVR | 92,108.68 MNT |
| 500 MVR | 115,135.85 MNT |
| 600 MVR | 138,163.02 MNT |
| 700 MVR | 161,190.19 MNT |
| 800 MVR | 184,217.36 MNT |
| 1,000 MVR | 230,271.70 MNT |
| 1,500 MVR | 345,407.55 MNT |
| 2,000 MVR | 460,543.40 MNT |
| 2,500 MVR | 575,679.25 MNT |
| 3,000 MVR | 690,815.10 MNT |
| 4,000 MVR | 921,086.80 MNT |
| 5,000 MVR | 1,151,358.50 MNT |
| 10,000 MVR | 2,302,717.00 MNT |
| 15,000 MVR | 3,454,075.50 MNT |
| 20,000 MVR | 4,605,434.00 MNT |
| 30,000 MVR | 6,908,151.00 MNT |
| 40,000 MVR | 9,210,868.00 MNT |
| 50,000 MVR | 11,513,585.00 MNT |
| 100,000 MVR | 23,027,170.00 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 Maldives to Mongolia?
There are many good choices when it comes to sending money from Maldives 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 Maldivian Rufiyaa to MNT money transfers.We compare different remittance companies to bring you the best options to send money to Mongolia from Maldives. 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 Maldivian Rufiyaa 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 Maldives to Mongolia?
One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Mongolia.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Maldives to Mongolia transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.
You may also want to sign up for our free exchange rate alert for your MVR to Mongolian Togrog money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.
What's the cheapest way to send money from Maldives to Mongolia?
Finding the cheapest way to send money from Maldives 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 MVR 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 Maldives 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 from Maldives to Mongolia through a bank?
Bank transfers have been a traditionally popular way to send money overseas from Maldives 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 MVR 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 Maldives 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 from Maldives to Mongolia fast?
It could be a stressful experience if you need to rush money quickly from Maldives 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 MVR 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 Maldives to Mongolia money transfers.
Which are the best money transfer companies to transfer money to Mongolia from Maldives?
Comparing money transfer companies for sending money to Mongolia from Maldives 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 Maldivian Rufiyaa 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 Maldivian Rufiyaa that you send.
Step by step guide to send money from Maldives to Mongolia
Follow the below easy steps to send money to Mongolia from Maldives.- 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 Maldives 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.