What is the
WorldRemit Send Money conversion rate for USD to MNT?
The WorldRemit USD to MNT exchange rate is 3316.45. This is - compared to the latest USD-MNT mid-market rate 3,398.0.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Mongolian tugrik (MNT) rates from different sources before making a conversion.
The above
WorldRemit - Dollar to Tugrik comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
WorldRemit and other foreign exchange providers against the latest USD-MNT mid-rate and the possible savings of using various providers.
How do WorldRemit USD-MNT rates compare between providers?
Looking at the full
USD to MNT - Send Money comparison table the provider with the best USD to MNT exchange rate is Wise at 3375.91.
The next best is WorldRemit at 3316.45.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
like WorldRemit or platforms that offer rates closer to the mid-market rate.