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

Mongolia
Burkina Faso
MNT

Interbank Exchange Rate: 1 MNT = 0.1564 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 Burkina Faso. 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 Burkina Faso 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 MNT3.91 XOF
50 MNT7.82 XOF
100 MNT15.64 XOF
150 MNT23.46 XOF
200 MNT31.28 XOF
250 MNT39.10 XOF
300 MNT46.92 XOF
400 MNT62.56 XOF
500 MNT78.20 XOF
600 MNT93.84 XOF
700 MNT109.48 XOF
800 MNT125.12 XOF
1,000 MNT156.40 XOF
1,500 MNT234.60 XOF
2,000 MNT312.80 XOF
2,500 MNT391.00 XOF
3,000 MNT469.20 XOF
4,000 MNT625.60 XOF
5,000 MNT782.00 XOF
10,000 MNT1,564.00 XOF
15,000 MNT2,346.00 XOF
20,000 MNT3,128.00 XOF
30,000 MNT4,692.00 XOF
40,000 MNT6,256.00 XOF
50,000 MNT7,820.00 XOF
100,000 MNT15,640.00 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 Burkina Faso?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Mongolia to Burkina Faso. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Mongolian Togrog to XOF.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send MNT to XOF in Burkina Faso. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Burkina Faso from Mongolia. We provide you with maximum choices to send money to Burkina Faso by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Burkina Faso from 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 Burkina Faso.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Mongolia to Burkina Faso 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 CFA Franc BCEAO 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 to Burkina Faso from Mongolia?

When you want to send money to Burkina Faso from Mongolia, you obviously want the cheapest possible option to maximize the money your recipient gets in CFA Franc BCEAO. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your MNT to XOF money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Mongolia to Burkina Faso. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Mongolia to Burkina Faso exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send CFA Franc BCEAO overseas.


How to send money from Mongolia to Burkina Faso through a bank?

We do not recommend using your local bank in Mongolia for your next MNT to XOF 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 Mongolia to Burkina Faso (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 XOF to Burkina Faso. These companies will let you use your local bank account in Mongolia to pay for your Burkina Faso money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to transfer money from Mongolia to Burkina Faso?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Mongolia to Burkina Faso. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert MNT to XOF fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Mongolian Togrog amount reaching Burkina Faso. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush CFA Franc BCEAO quickly to Burkina Faso, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to transfer money from Mongolia to Burkina Faso?

Comparing money transfer companies for sending money to Burkina Faso from Mongolia 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 Burkina Faso. 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 Mongolian Togrog to CFA Franc BCEAO 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 CFA Franc BCEAO yield on every Mongolian Togrog that you send.


Step by step guide to transfer money to Burkina Faso from Mongolia

With so many possible ways to transfer Mongolian Togrog to CFA Franc BCEAO, 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 Burkina Faso 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 Burkina Faso. 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 CFA Franc BCEAO money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.