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Compare today's AOA to MGA (Angolan Kwanza to Malagasy Ariary) exchange rates

Angola
Madagascar
AOA

Interbank Exchange Rate: 1 AOA = 4.8543 MGA
Updated about an hour ago

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All you need to know about Angolan Kwanza to Malagasy Ariary money transfers

Easily compare money transfer providers in one place to send money from Angola to Madagascar. Send money overseas to your loved ones by comparing Angolan Kwanza (AOA) to Malagasy Ariary (MGA) 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 Angola.

Were you looking to send money from Madagascar to Angola 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 AOA to MGA Conversion Rates

Here are some latest AOA to MGA (Angolan Kwanza to Malagasy Ariary) exchange rates for popular conversion amounts*.

1 AOA4.85 MGA
5 AOA24.27 MGA
10 AOA48.54 MGA
25 AOA121.36 MGA
50 AOA242.72 MGA
100 AOA485.43 MGA
150 AOA728.15 MGA
200 AOA970.86 MGA
250 AOA1,213.58 MGA
300 AOA1,456.29 MGA
400 AOA1,941.72 MGA
500 AOA2,427.15 MGA
600 AOA2,912.58 MGA
700 AOA3,398.01 MGA
800 AOA3,883.44 MGA
1,000 AOA4,854.30 MGA
1,500 AOA7,281.45 MGA
2,000 AOA9,708.60 MGA
2,500 AOA12,135.75 MGA
3,000 AOA14,562.90 MGA
4,000 AOA19,417.20 MGA
5,000 AOA24,271.50 MGA
10,000 AOA48,543.00 MGA
15,000 AOA72,814.50 MGA
20,000 AOA97,086.00 MGA
30,000 AOA145,629.00 MGA
40,000 AOA194,172.00 MGA
50,000 AOA242,715.00 MGA
100,000 AOA485,430.00 MGA

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Angola to Madagascar?

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 Angola to Madagascar. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Angolan Kwanza to MGA.

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 AOA to MGA in Madagascar. 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 Madagascar from Angola. We provide you with maximum choices to send money to Madagascar by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Madagascar from Angola?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Angola to Madagascar transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your AOA to Malagasy Ariary international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Angolan Kwanza to Malagasy Ariary exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way for transferring money to Madagascar from Angola?

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

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best AOA to Madagascar 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 Madagascar from Angola.


How to send money from Angola to Madagascar through a bank?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low AOA to MGA exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Angola to Madagascar money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Madagascar from Angola. They do this by letting you fund your transaction through your local bank account in Angola, and by allowing you to choose the payout to be your recipient's bank account in Madagascar. But, you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to transfer money from Angola to Madagascar?

The first thing to do when you need to convert AOA to MGA quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Angolan Kwanza and Malagasy Ariary. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Angola to Madagascar remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Madagascar.


Which are the best money transfer companies to send money to Madagascar from Angola?

Angola to Madagascar money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Madagascar as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Angolan Kwanza to Malagasy Ariary money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money from Angola to Madagascar

There are many important aspects of Angola to Madagascar 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 - Angola 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 MGA 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 Angolan Kwanza amount you want to send from Angola.
  • 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 Madagascar to validate that they get the money once the transaction clears.