Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's PAB to MRO (Panamanian Balboa to Mauritanian Ouguiya) exchange rates

Panama
Mauritania
PAB

Interbank Exchange Rate: 1 PAB = 356.9999 MRO
Updated over 24 hours ago

Found 0 Remittance Service Providers

All you need to know about Panamanian Balboa to Mauritanian Ouguiya money transfers

Easily compare money transfer providers in one place to send money from Panama to Mauritania. Send money overseas to your loved ones by comparing Panamanian Balboa (PAB) to Mauritanian Ouguiya (MRO) 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 Panama.

Were you looking to send money from Mauritania to Panama 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 PAB to MRO Conversion Rates

Here are some latest PAB to MRO (Panamanian Balboa to Mauritanian Ouguiya) exchange rates for popular conversion amounts*.

1 PAB357.00 MRO
5 PAB1,785.00 MRO
10 PAB3,570.00 MRO
25 PAB8,925.00 MRO
50 PAB17,850.00 MRO
100 PAB35,699.99 MRO
150 PAB53,549.99 MRO
200 PAB71,399.98 MRO
250 PAB89,249.98 MRO
300 PAB107,099.97 MRO
400 PAB142,799.96 MRO
500 PAB178,499.95 MRO
600 PAB214,199.94 MRO
700 PAB249,899.93 MRO
800 PAB285,599.92 MRO
1,000 PAB356,999.90 MRO
1,500 PAB535,499.85 MRO
2,000 PAB713,999.80 MRO
2,500 PAB892,499.75 MRO
3,000 PAB1,070,999.70 MRO
4,000 PAB1,427,999.60 MRO
5,000 PAB1,784,999.50 MRO
10,000 PAB3,569,999.00 MRO
15,000 PAB5,354,998.50 MRO
20,000 PAB7,139,998.00 MRO
30,000 PAB10,709,997.00 MRO
40,000 PAB14,279,996.00 MRO
50,000 PAB17,849,995.00 MRO
100,000 PAB35,699,990.00 MRO

*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 to Mauritania from Panama?

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 Panama to Mauritania. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Panamanian Balboa to MRO.

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 PAB to MRO in Mauritania. 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 Mauritania from Panama. We provide you with maximum choices to send money to Mauritania by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for sending money from Panama to Mauritania?

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 Mauritania from Panama.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your PAB to Mauritanian Ouguiya 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 PAB to MRO 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 send money from Panama to Mauritania?

One of the most important things to watch out for is hidden fees when sending money to Mauritania from Panama. 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 Mauritania using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Mauritanian Ouguiya foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best PAB to Mauritania 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 Mauritania from Panama.


Should I use my bank to transfer money from Panama to Mauritania?

We do not recommend using your local bank in Panama for your next PAB to MRO 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 Panama to Mauritania (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 MRO to Mauritania. These companies will let you use your local bank account in Panama to pay for your Mauritania 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 do a money transfer to Mauritania from Panama?

The speed of your Panamanian Balboa to Mauritanian Ouguiya 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 PAB to MRO. 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 Mauritania from Panama 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 Mauritania 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 MRO into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Panama bank to Mauritania bank transfer.


Which are the best money transfer companies to transfer money to Mauritania from Panama?

Since the Panamanian Balboa to Mauritanian Ouguiya 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 Panama that may also be able to send money to Mauritania. 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 PAB to MRO money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Mauritania gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Panama to Mauritania transaction.


Step by step guide to transfer money to Mauritania from Panama

Follow the below easy steps to send money to Mauritania from Panama.

  • 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 Panama bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Mauritania).
  • 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.

The provider will then work on your PAB to MRO remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your 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.