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Compare today's MDL to MNT (Moldovan Leu to Mongolian Togrog) exchange rates

Moldova
Mongolia
MDL

Interbank Exchange Rate: 1 MDL = 210.2962 MNT
Updated about an hour ago

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All you need to know about Moldovan Leu to Mongolian Togrog money transfers

Easily compare money transfer providers in one place to send money from Moldova to Mongolia. Send money overseas to your loved ones by comparing Moldovan Leu (MDL) 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 Moldova.

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Latest MDL to MNT Conversion Rates

Here are some latest MDL to MNT (Moldovan Leu to Mongolian Togrog) exchange rates for popular conversion amounts*.

1 MDL210.30 MNT
5 MDL1,051.48 MNT
10 MDL2,102.96 MNT
25 MDL5,257.41 MNT
50 MDL10,514.81 MNT
100 MDL21,029.62 MNT
150 MDL31,544.43 MNT
200 MDL42,059.24 MNT
250 MDL52,574.05 MNT
300 MDL63,088.86 MNT
400 MDL84,118.48 MNT
500 MDL105,148.10 MNT
600 MDL126,177.72 MNT
700 MDL147,207.34 MNT
800 MDL168,236.96 MNT
1,000 MDL210,296.20 MNT
1,500 MDL315,444.30 MNT
2,000 MDL420,592.40 MNT
2,500 MDL525,740.50 MNT
3,000 MDL630,888.60 MNT
4,000 MDL841,184.80 MNT
5,000 MDL1,051,481.00 MNT
10,000 MDL2,102,962.00 MNT
15,000 MDL3,154,443.00 MNT
20,000 MDL4,205,924.00 MNT
30,000 MDL6,308,886.00 MNT
40,000 MDL8,411,848.00 MNT
50,000 MDL10,514,810.00 MNT
100,000 MDL21,029,620.00 MNT

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


What's the best way to send money to Mongolia from Moldova?

With the global remittance market booming, there are so many choices for Moldovan Leu to MNT 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 Mongolia from Moldova. 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 MNT 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 exchange rate for your money transfers from Moldova 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 Moldova. 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 MDL 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 Moldova 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 Moldova to Mongolia?

One of the most important things to watch out for is hidden fees when sending money to Mongolia from Moldova. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Mongolia using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Mongolian Togrog foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MDL to Mongolia exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Mongolia from Moldova.


Should I use my bank to send money from Moldova to Mongolia?

We do not recommend using your local bank in Moldova for your next MDL 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 Moldova 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 Moldova 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.


How to send money to Mongolia from Moldova fast?

The speed of your Moldovan Leu to Mongolian Togrog funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert MDL to MNT. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Mongolia from Moldova is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Mongolia if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout MNT into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Moldova bank to Mongolia bank transfer.


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

Comparing money transfer companies for sending money to Mongolia from Moldova 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 Moldovan Leu 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 Moldovan Leu that you send.


Step by step guide to transfer money to Mongolia from Moldova

With so many possible ways to transfer Moldovan Leu 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 Moldova 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 Moldova 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 MDL to Mongolian Togrog money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.