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

Compare today's EUR to MNT (Euro to Mongolian Togrog) exchange rates

Portugal
Mongolia
EUR

Interbank Exchange Rate: 1 EUR = 4,212.5143 MNT
Updated about an hour ago

Found 4 Remittance Service Providers

(*)(*)(*)(*)( )
1000 EUR =
4 212 010.00 MNT
Transfer Limit (EUR): 0 - 20000
Locked-In Rate1 EUR = 4,212.0100 MNT

📢 Special exchange rate applied for first transfer
(*)(*)(*)(*)(*)
1000 EUR =
4 114 907.40 MNT
Transfer Limit (EUR): 1 - 1000000
Locked-In Rate1 EUR = 4,114.9074 MNT
(*)(*)(*)(*)(*)
1000 EUR =
4 107 294.00 MNT
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 4,107.2940 MNT
(*)(*)(*)(*)(*)
1000 EUR =
4 099 730.00 MNT
Transfer Limit (EUR): 1 - 10000
Locked-In Rate1 EUR = 4,099.7300 MNT

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Euro to Mongolian Togrog money transfers

Easily compare money transfer providers in one place to send money from Portugal to Mongolia. Send money overseas to your loved ones by comparing Euro (EUR) to Mongolian Togrog (MNT) 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.

RemitFinder compared 4 money transfer operators to get you the best FX rates to send money from Portugal to Mongolia.

The best rate to send Mongolian Togrog from Euro to your loved ones in Mongolia is currently offered by Remitly; their 1 EUR to MNT exchange rate today is 4,212.0100.

Wise offers the next most competitive Euro to Mongolian Togrog exchange rate today (currently 1 EUR = 4,114.9074 MNT).

Two other competitive providers for sending money from Portugal to Mongolia are Western Union and Ria Money Transfer.

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 Portugal.

Were you looking to send money from Mongolia to Portugal 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 EUR to MNT Conversion Rates

Here are some latest EUR to MNT (Euro to Mongolian Togrog) exchange rates for popular conversion amounts*.

1 EUR4,212.51 MNT
5 EUR21,062.57 MNT
10 EUR42,125.14 MNT
25 EUR105,312.86 MNT
50 EUR210,625.72 MNT
100 EUR421,251.43 MNT
150 EUR631,877.15 MNT
200 EUR842,502.86 MNT
250 EUR1,053,128.58 MNT
300 EUR1,263,754.29 MNT
400 EUR1,685,005.72 MNT
500 EUR2,106,257.15 MNT
600 EUR2,527,508.58 MNT
700 EUR2,948,760.01 MNT
800 EUR3,370,011.44 MNT
1,000 EUR4,212,514.30 MNT
1,500 EUR6,318,771.45 MNT
2,000 EUR8,425,028.60 MNT
2,500 EUR10,531,285.75 MNT
3,000 EUR12,637,542.90 MNT
4,000 EUR16,850,057.20 MNT
5,000 EUR21,062,571.50 MNT
10,000 EUR42,125,143.00 MNT
15,000 EUR63,187,714.50 MNT
20,000 EUR84,250,286.00 MNT
30,000 EUR126,375,429.00 MNT
40,000 EUR168,500,572.00 MNT
50,000 EUR210,625,715.00 MNT
100,000 EUR421,251,430.00 MNT

*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 Portugal to Mongolia?

It can be very confusing when sending money from Portugal to Mongolia given so many choices. Additionally, Euro to MNT exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Portugal to Mongolia as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Mongolia from Portugal. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Euro to Mongolian Togrog remittances.


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

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your EUR to Mongolian Togrog money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Portugal to Mongolia. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for EUR to MNT remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to send money from Portugal to Mongolia?

When you want to send money to Mongolia from Portugal, you obviously want the cheapest possible option to maximize the money your recipient gets in Mongolian Togrog. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your EUR to MNT money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Portugal to Mongolia. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Portugal to Mongolia exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Mongolian Togrog overseas.


How to send money from Portugal to Mongolia through a bank?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Portugal to Mongolia money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like EUR to MNT transfers.

Given this, there are umpteen additional options to send money to Mongolia instead of just your Portugal bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Euro even more so that your recipient in Mongolia gets the maximum amount.


How to send money to Mongolia from Portugal fast?

If you need to convert EUR to MNT as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Portugal to Mongolia could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Euro to Mongolian Togrog funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Mongolia.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Portugal to Mongolia. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


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

Since the Euro to Mongolian Togrog 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 Portugal that may also be able to send money to Mongolia. 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 EUR to MNT money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Mongolia gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Portugal to Mongolia transaction.


Step by step guide to send money from Portugal to Mongolia

There are many important aspects of Portugal to Mongolia remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Portugal bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include MNT bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Euro amount you want to send from Portugal.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Mongolia to validate that they get the money once the transaction clears.