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Compare today's MNT to EUR (Mongolian Togrog to Euro) exchange rates

Mongolia
Belgium
MNT
Interbank Exchange Rate: 1 MNT = 0.0003 EUR
Updated about an hour ago

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All you need to know about Mongolian Togrog to Euro money transfers

Easily compare money transfer providers in one place to send money from Mongolia to Belgium. Send money overseas to your loved ones by comparing Mongolian Togrog (MNT) to Euro (EUR) 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 MNT to EUR Conversion Rates

Here are some latest MNT to EUR (Mongolian Togrog to Euro) exchange rates for popular conversion amounts*.

1 MNT0.00 EUR
5 MNT0.00 EUR
10 MNT0.00 EUR
25 MNT0.01 EUR
50 MNT0.02 EUR
100 MNT0.03 EUR
150 MNT0.05 EUR
200 MNT0.06 EUR
250 MNT0.08 EUR
300 MNT0.09 EUR
400 MNT0.12 EUR
500 MNT0.15 EUR
600 MNT0.18 EUR
700 MNT0.21 EUR
800 MNT0.24 EUR
1,000 MNT0.30 EUR
1,500 MNT0.45 EUR
2,000 MNT0.60 EUR
2,500 MNT0.75 EUR
3,000 MNT0.90 EUR
4,000 MNT1.20 EUR
5,000 MNT1.50 EUR
10,000 MNT3.00 EUR
15,000 MNT4.50 EUR
20,000 MNT6.00 EUR
30,000 MNT9.00 EUR
40,000 MNT12.00 EUR
50,000 MNT15.00 EUR
100,000 MNT30.00 EUR

*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 Mongolia to Belgium?

There are many good choices when it comes to sending money from Mongolia to Belgium. 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 Mongolian Togrog to EUR money transfers.

We compare different remittance companies to bring you the best options to send money to Belgium from Mongolia. 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 Mongolian Togrog to Euro 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 Mongolia to Belgium?

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 Belgium.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Mongolia to Belgium 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 MNT to Euro 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 for transferring money to Belgium from Mongolia?

The final amount your recipient gets when you send MNT to EUR 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 Mongolia to Belgium 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 Euro 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 Mongolian Togrog to Belgium 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.


Should I use my bank to transfer money from Mongolia to Belgium?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low MNT to EUR exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Mongolia to Belgium money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Belgium from Mongolia. They do this by letting you fund your transaction through your local bank account in Mongolia, and by allowing you to choose the payout to be your recipient's bank account in Belgium. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money to Belgium from Mongolia fast?

If you need to convert MNT to EUR as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Mongolia to Belgium could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Mongolian Togrog to Euro funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Belgium.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Mongolia to Belgium. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


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

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Mongolia to Belgium, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Mongolian Togrog to Euro exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your EUR money transfers to Belgium. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Belgium getting more money for every Mongolian Togrog you send.


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

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