Compare today's MNT to EUR (Mongolian Togrog to Euro) exchange rates
Interbank Exchange Rate: 1 MNT = 0.0003 EUR
Updated about 1 hours 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 Luxembourg. 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.
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.
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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 MNT | 0.00 EUR |
| 5 MNT | 0.00 EUR |
| 10 MNT | 0.00 EUR |
| 25 MNT | 0.01 EUR |
| 50 MNT | 0.02 EUR |
| 100 MNT | 0.03 EUR |
| 150 MNT | 0.05 EUR |
| 200 MNT | 0.06 EUR |
| 250 MNT | 0.08 EUR |
| 300 MNT | 0.09 EUR |
| 400 MNT | 0.12 EUR |
| 500 MNT | 0.15 EUR |
| 600 MNT | 0.18 EUR |
| 700 MNT | 0.21 EUR |
| 800 MNT | 0.24 EUR |
| 1,000 MNT | 0.30 EUR |
| 1,500 MNT | 0.45 EUR |
| 2,000 MNT | 0.60 EUR |
| 2,500 MNT | 0.75 EUR |
| 3,000 MNT | 0.90 EUR |
| 4,000 MNT | 1.20 EUR |
| 5,000 MNT | 1.50 EUR |
| 10,000 MNT | 3.00 EUR |
| 15,000 MNT | 4.50 EUR |
| 20,000 MNT | 6.00 EUR |
| 30,000 MNT | 9.00 EUR |
| 40,000 MNT | 12.00 EUR |
| 50,000 MNT | 15.00 EUR |
| 100,000 MNT | 30.00 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 Luxembourg?
Sending money internationally to Luxembourg from Mongolia can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Mongolian Togrog to EUR remittances.
Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Luxembourg. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Euro.
How to get the best rate to transfer money to Luxembourg from Mongolia?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Luxembourg from Mongolia. 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 MNT to Euro 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 Mongolia to Luxembourg corridor to give you more good choices for your next EUR money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way to send money to Luxembourg from Mongolia?
While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Mongolia to Luxembourg via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.A sure way to find the most cost effective way for Mongolian Togrog to Euro remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.
Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Mongolia to Luxembourg exchange rate.
Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for MNT to EUR remittances.
How to send money to Luxembourg from Mongolia through a bank?
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 Luxembourg 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 Luxembourg 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 Luxembourg. But, you are likely to get much better rates and lower fees compared to your bank.
What is the fastest way to do a money transfer to Luxembourg from Mongolia?
The speed of your Mongolian Togrog to Euro 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 EUR. 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 Luxembourg 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 Luxembourg 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 EUR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Mongolia bank to Luxembourg bank transfer.
Which are the best money transfer companies to send money to Luxembourg from Mongolia?
Since the Mongolian Togrog to Euro money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Mongolia that may also be able to send money to Luxembourg. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.
To further decrease the cost of your MNT to EUR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Luxembourg gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Mongolia to Luxembourg transaction.
Step by step guide to send money from Mongolia to Luxembourg
The first step to send money to Luxembourg from Mongolia is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.Once you have a provider chosen, follow these steps to execute your MNT to EUR overseas funds transfer.
- Click through to the provider's site and register an account.
- Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
- Add recipient information including their bank account in Luxembourg if paying via ACH direct deposit or bank transfer.
- Enter your sending amount, and initiate a transaction.
- Pay for your transaction via your Mongolia bank account or alternative methods like a debit card.
- Sit back and relax, and see your money travel to Luxembourg!