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"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
Best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 42.9% of Mongolia to the United States searches in the last 6 months, and was the top rated company out of 4 that support MNT to USD.
So for a great blend of cost, speed & features, make your Mongolia to the United States transfer using Wise.
How to to send from Mongolia to United States in the best way
- Always compare rates
Money transfers to United States should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Mongolia to the United States.
- Choose a provider
Select the provider that offers you the best value on your Tugrik & service for your needs.
- Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to the United States.
Summary of recent searches
Get the most from sending money from Mongolia to United States
Comparing providers offering services between Mongolia and the United States based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire MNT-USD market and have compared 4 providers offering services between Mongolia and the United States.
This ensures you will get the most comprehensive options for sending Tugrik to the United States.
Whilst we rate Wise as the best overall for transfers between the two countries, comparing gives you the best idea for your specific Mongolia to the United States transfer needs.
Cheapest way to transfer money to the United States from Mongolia: Wise
Data collected over the past six months shows that Wise is 0% cheaper than the second-best option.
Wise offers this through a combination of an average 7.42* MNT fee per transfer and exchange rate between MNT-USD that is 0% different to the mid-market rate
If you want the cheapest way to send Tugrik to the United States, Wise is our recommended choice.
*The most common fee applied to MNT-USD by Wise, based on data from the past six months.
Fastest money transfers to the United States from Mongolia: Wise.
Through our comparison, we found Wise to be the fastest option for sending Tugrik to US Dollar 60% of the time. For fast transfers between MNT and USD, Wise is a great option.
When sending money from Mongolia to the United States, Wise has an average fee of 7.42 MNT. Although we would recommend comparing the amount you want to send.
When testing the fastest options, we compared the 4 money transfer providers offering Mongolia to the United States transfers for overall speed. This included transfer times to after depositing Tugrik to a money transfer account.
When you want the fastest way to send, Wise is our recommended choice for Mongolia to the United States transfers.
Sending large amounts of money
Of the 4 companies compared, Wise has the strongest option for large transfers from Mongolia to the United States.
Whatever the reason, sending bigger sums of money can be costly if you get a bad exchange rate from Tugrik to US Dollar.
The Wise rate makes them great for large transfers between the United States and Mongolia.
Understanding the cost of money transfers from Mongolia to United States
The total cost of sending money to United States from Mongolia is made up of a combination of mid-market, exchange rates and fees.
The Mid-Market and Exchange Rates: The current mid-market for MNT-USD is 0.0003 USD per Tugrik.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more US Dollar for your Tugriks.
Over the last three months, the average MNT-USD mid-market rate has seen each Tugrik worth 0.0003 USD. Within this we see a high of 0.0003, and a low of 0.0003.
Of the 4 companies compared, Wise offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting MNT to USD.
Fees: When sending money you may have to pay fees. Wise has had an average fee of 7.42 MNT per transfer over the last 6 months, the lowest of the 4 providers compared. We would recommend searching to ensure you get the correct fee for your transfer amount.
Amount Received: When comparing providers, the best measure is the amount of US Dollar eventually received in the United States.
This number should be a guide for your decision if cost is important. A higher amount of money received in the United States means a better overall cost of sending money from Mongolia.
Getting best exchange rate for sending Tugrik to US Dollar
Timing is essential when tracking the mid-market rate between MNT and USD. The end exchange rate you secure impacts how much USD you get for your MNT.
The recent mid-market rate trends are:
Over the past six months, the mid-market rate from MNT to USD was 0.0003.
During this period, it hit a high of 0.0003, and a low of 0.0003.
Wise, which is our recommended service to send money online from Mongolia to the United States offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best MNT-US Dollar exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Mongolia to the United States!
Paying for your Mongolia to United States transfer
Bank transfers
Paying via a bank transfer is often the better option for sending money from Mongolia to the United States.
By using a money transfer company such as Wise for transfers from Mongolia to the United States, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Wise is the cheapest provider for bank transfers from the 4 we tested when sending MNT to the United States.
With an average fee of 9.03 MNT to send money from Mongolia to the United States, Wise offers the best combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Mongolia to the United States with a debit or a prepaid card is easy with Wise.
Wise is a one of the better options in the market for international debit card transfers from Mongolia to the United States.
Credit cards
For credit card transfers from Mongolia to the United States, is our top choice of the 4 companies offering this payment method.
Be aware of fees: using a credit card to transfer money can mean being charged for a cash advance by your card provider. We always recommend a bank transfer or debit card payment if it is a possibility.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between United States and Mongolia.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
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 Mongolia to United States.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send MNT to USD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
