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

Mongolia
Senegal
MNT

Interbank Exchange Rate: 1 MNT = 0.1564 XOF
Updated about 1 hours 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 Senegal. 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 Senegal 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 Senegal?

Sending money internationally to Senegal 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 XOF 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 Senegal. 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 CFA Franc BCEAO.


How to get the best exchange rate for your money transfers from Mongolia to Senegal?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Senegal from Mongolia.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MNT to CFA Franc BCEAO remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for MNT to XOF remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to transfer money from Mongolia to Senegal?

One of the most important things to watch out for is hidden fees when sending money to Senegal 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 Senegal 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 Senegal 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 Senegal from Mongolia.


How to send money to Senegal 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 XOF 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 Senegal 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 Senegal 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 Senegal. But, you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to transfer money from Mongolia to Senegal?

It could be a stressful experience if you need to rush money quickly from Mongolia to Senegal. 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 Senegal money transfers.


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

Mongolia to Senegal 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 Senegal 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 do a money transfer from Mongolia to Senegal

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 Senegal, 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 Senegal 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 Senegal 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.