Compare today's MNT to TMT (Mongolian Togrog to Turkmenistan Manat) exchange rates
Interbank Exchange Rate: 1 MNT = 0.0010 TMT
Updated about an hour ago
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All you need to know about Mongolian Togrog to Turkmenistan Manat money transfers
Easily compare money transfer providers in one place to send money from Mongolia to Turkmenistan. Send money overseas to your loved ones by comparing Mongolian Togrog (MNT) to Turkmenistan Manat (TMT) 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.
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Latest MNT to TMT Conversion Rates
Here are some latest MNT to TMT (Mongolian Togrog to Turkmenistan Manat) exchange rates for popular conversion amounts*.
| 1 MNT | 0.00 TMT |
| 5 MNT | 0.01 TMT |
| 10 MNT | 0.01 TMT |
| 25 MNT | 0.03 TMT |
| 50 MNT | 0.05 TMT |
| 100 MNT | 0.10 TMT |
| 150 MNT | 0.15 TMT |
| 200 MNT | 0.20 TMT |
| 250 MNT | 0.25 TMT |
| 300 MNT | 0.30 TMT |
| 400 MNT | 0.40 TMT |
| 500 MNT | 0.50 TMT |
| 600 MNT | 0.60 TMT |
| 700 MNT | 0.70 TMT |
| 800 MNT | 0.80 TMT |
| 1,000 MNT | 1.00 TMT |
| 1,500 MNT | 1.50 TMT |
| 2,000 MNT | 2.00 TMT |
| 2,500 MNT | 2.50 TMT |
| 3,000 MNT | 3.00 TMT |
| 4,000 MNT | 4.00 TMT |
| 5,000 MNT | 5.00 TMT |
| 10,000 MNT | 10.00 TMT |
| 15,000 MNT | 15.00 TMT |
| 20,000 MNT | 20.00 TMT |
| 30,000 MNT | 30.00 TMT |
| 40,000 MNT | 40.00 TMT |
| 50,000 MNT | 50.00 TMT |
| 100,000 MNT | 100.00 TMT |
*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 Turkmenistan?
Sending money internationally to Turkmenistan 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 TMT 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 Turkmenistan. 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 Turkmenistan Manat.
How to get the best rate to transfer money to Turkmenistan from Mongolia?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Turkmenistan 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 Turkmenistan Manat 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 Turkmenistan corridor to give you more good choices for your next TMT money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way to transfer money from Mongolia to Turkmenistan?
Finding the cheapest way to send money from Mongolia to Turkmenistan might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer MNT to TMT via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.
Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Mongolia to Turkmenistan exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.
How to send money from Mongolia to Turkmenistan through a bank?
We do not recommend using your local bank in Mongolia for your next MNT to TMT 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 Turkmenistan (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 TMT to Turkmenistan. These companies will let you use your local bank account in Mongolia to pay for your Turkmenistan money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.
How to send money from Mongolia to Turkmenistan fast?
The speed of your Mongolian Togrog to Turkmenistan Manat 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 TMT. 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 Turkmenistan 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 Turkmenistan 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 TMT into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Mongolia bank to Turkmenistan bank transfer.
Which are the best money transfer companies to send money to Turkmenistan from Mongolia?
The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Mongolia to Turkmenistan, we can help you in choosing the best provider.There are several key points you would want to check for; these include, but are not limited to, the best Mongolian Togrog to Turkmenistan Manat exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.
After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your TMT money transfers to Turkmenistan. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.
Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Turkmenistan getting more money for every Mongolian Togrog you send.
Step by step guide to do a money transfer from Mongolia to Turkmenistan
Follow the below easy steps to send money to Turkmenistan from Mongolia.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Mongolia bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Turkmenistan).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.