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Compare today's MNT to XOF (Mongolian Togrog to CFA Franc BCEAO) exchange rates

Mongolia
Benin
MNT

Interbank Exchange Rate: 1 MNT = 0.1558 XOF
Updated about an hour ago

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All you need to know about Mongolian Togrog to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Mongolia to Benin. Send money overseas to your loved ones by comparing Mongolian Togrog (MNT) to CFA Franc BCEAO (XOF) 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 Mongolia.

Were you looking to send money from Benin to Mongolia instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest MNT to XOF Conversion Rates

Here are some latest MNT to XOF (Mongolian Togrog to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 MNT0.16 XOF
5 MNT0.78 XOF
10 MNT1.56 XOF
25 MNT3.90 XOF
50 MNT7.79 XOF
100 MNT15.58 XOF
150 MNT23.37 XOF
200 MNT31.16 XOF
250 MNT38.95 XOF
300 MNT46.74 XOF
400 MNT62.32 XOF
500 MNT77.90 XOF
600 MNT93.48 XOF
700 MNT109.06 XOF
800 MNT124.64 XOF
1,000 MNT155.80 XOF
1,500 MNT233.70 XOF
2,000 MNT311.60 XOF
2,500 MNT389.50 XOF
3,000 MNT467.40 XOF
4,000 MNT623.20 XOF
5,000 MNT779.00 XOF
10,000 MNT1,558.00 XOF
15,000 MNT2,337.00 XOF
20,000 MNT3,116.00 XOF
30,000 MNT4,674.00 XOF
40,000 MNT6,232.00 XOF
50,000 MNT7,790.00 XOF
100,000 MNT15,580.00 XOF

*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 Benin?

There are many good choices when it comes to sending money from Mongolia to Benin. 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 XOF money transfers.

We compare different remittance companies to bring you the best options to send money to Benin 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 CFA Franc BCEAO money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best rate to transfer money to Benin from Mongolia?

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 Mongolia to Benin 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 MNT to CFA Franc BCEAO 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 Mongolian Togrog to CFA Franc BCEAO 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 Mongolia to Benin?

The final amount your recipient gets when you send MNT to XOF 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 Benin 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 CFA Franc BCEAO 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 Benin 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.


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

Big banks in Mongolia are known to make a lot of money by charging high fees on Benin money transfers from Mongolia. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a MNT to XOF exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Benin. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Mongolia to Benin. You work hard for your money, so you should also ensure you get the maximum yield when you send XOF overseas.


How to send money from Mongolia to Benin fast?

The speed of your Mongolian Togrog to CFA Franc BCEAO 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 MNT to XOF. 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 Benin from Mongolia 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 Benin 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 XOF into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Mongolia bank to Benin bank transfer.


Which are the best money transfer companies to send money from Mongolia to Benin?

Mongolia to Benin money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Benin as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Mongolian Togrog to CFA Franc BCEAO money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money to Benin from Mongolia

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Mongolia to Benin, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Mongolia to Benin that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Benin where they can receive monies in CFA Franc BCEAO.
  • Then, provide details of your Mongolia bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your MNT travel to another part of the globe.