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

Mongolia
Central African Republic
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 Central African Republic. 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 Central African Republic 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 send money from Mongolia to Central African Republic?

With the global remittance market booming, there are so many choices for Mongolian Togrog to XOF 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 Central African Republic from Mongolia. 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 XOF 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 remit rate for transferring money from Mongolia to Central African Republic?

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 Central African Republic.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Mongolia to Central African Republic 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 from Mongolia to Central African Republic?

One of the most important things to watch out for is hidden fees when sending money to Central African Republic from Mongolia. 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 Central African Republic using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your CFA Franc BCEAO foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MNT to Central African Republic 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 Central African Republic from Mongolia.


Should I use my bank to transfer money from Mongolia to Central African Republic?

Big banks in Mongolia are known to make a lot of money by charging high fees on Central African Republic 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 Central African Republic. 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 Central African Republic. You work hard for your money, so you should also ensure you get the maximum yield when you send XOF overseas.


What is the fastest way to do a money transfer to Central African Republic from Mongolia?

It could be a stressful experience if you need to rush money quickly from Mongolia to Central African Republic. 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 MNT to XOF. 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 CFA Franc BCEAO. 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 Mongolia to Central African Republic money transfers.


Which are the best money transfer companies to transfer money from Mongolia to Central African Republic?

The first step in selecting the best money transfer operators for Mongolia to Central African Republic remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Mongolian Togrog to CFA Franc BCEAO money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Central African Republic.


Step by step guide to send money from Mongolia to Central African Republic

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 Central African Republic 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 Central African Republic. 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.