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Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Japan to Mongolia searches, and was the top rated company out of 1 that support JPY to MNT.
So for a great mix of cost, speed & features, make your Japan to Mongolia transfer using Wise.
How to get the best deal on your Japan to Mongolia transfer
Summary of recent searches
Important things to consider before sending money from Japan to Mongolia
Don't settle for the first option. Always compare ways to send money from Japan to Mongolia to find out about fees, speed, and reliability.
Our analysis included 1 providers that operate between Japan and Mongolia.
Through this, you get a comprehensive view of all the options you have in Japan when you need to send money to Mongolia.
Cheapest way to send money to Mongolia from Japan: Wise
Data collected over the past six months show that Wise is 0% cheaper than the second-best option.
The ¥961.5 transfer cost represents the most common fee for JPY to MNT international transfers, based on data from the past six months.
If you want to secure the best rates on a JPY to Mongolia transfer, make sure you pick Wise to send your money online.
*The most common fee applied to JPY-MNT by Wise, based on data from the past six months.
Fastest way to send money from Japan to Mongolia: Wise
Our data shows that Wise came up as the fastest way to send money from Japan to Mongolia in 100% of searches. This makes them well suited to urgent JPY to MNT money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Japan to Mongolia - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Wise is your best choice at the moment. This service emerged as the quickest way to send money to Mongolia from Japan in 100% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send JPY from Japan to Mongolia, it’s the provider that will keep you safe and relaxed while your money moves into MNT.
Understanding the costs involved when moving money from Japan to Mongolia
When calculating the costs of money transfers between Japan and Mongolia, here's what really matters:
The Mid-Market Rate: Today, the JPY-MNT mid-market rate equals to 22.314639 MNT per Yen. Keep in mind that this rate fluctuates all the time.
The JPY-MNT average exchange rate of the past three months has been 23.4177 MNT per Yen, with a high of 23.5207 and a low of 23.0596.
Fees and Markups: That's where Wise shines, combining the best of both worlds: excellent JPY to MNT rates that are only 0.13% away from the average.
How to find the best exchange rate for Yen to Tugrik
Timing is essential sending money between JPY and MNT. The exchange rate you secure impacts how much MNT you get for your JPY.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from JPY to MNT has seen some fluctuation. On average, it stood at 23.4177.
During this period, the highest value recorded was 23.5207, while the lowest was 23.0596.
Wise, which is our recommended service to send money online from Japan to Mongolia offers an exchange rate that is only 0.13% above the mid-market rate.
Want to secure the best JPY-Tugrik exchange rates?
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Payment methods available to fund your Japan to Mongolia transfer
Bank transfers
Bank transfers are often the default option for sending money from Japan to Mongolia.
By using a money transfer company such as Wise for transfers from Japan to Mongolia, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers from the 1 we tested when sending JPY to Mongolia.
With an average fee of JPY961.5 to send money from Japan to Mongolia, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Japan to Mongolia with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Japan to Mongolia, competing among a total of 1 active money transfer companies on this route. They consistently rank at the top in this category.
Credit cards
When it comes to credit card transfers from Japan to Mongolia, emerges as our top choice of the 1 companies offering this service.
Our comparison engine's last six months of data on JPY to MNT searches show has been ranked as the cheapest provider.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Mongolia and Japan.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Japan to Mongolia .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send JPY to MNT.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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