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Compare today's ARS to MGA (Argentine Peso to Malagasy Ariary) exchange rates

Argentina
Madagascar
ARS

Interbank Exchange Rate: 1 ARS = 3.0610 MGA
Updated about an hour ago

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All you need to know about Argentine Peso to Malagasy Ariary money transfers

Easily compare money transfer providers in one place to send money from Argentina to Madagascar. Send money overseas to your loved ones by comparing Argentine Peso (ARS) 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 Argentina.

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Latest ARS to MGA Conversion Rates

Here are some latest ARS to MGA (Argentine Peso to Malagasy Ariary) exchange rates for popular conversion amounts*.

1 ARS3.06 MGA
5 ARS15.31 MGA
10 ARS30.61 MGA
25 ARS76.53 MGA
50 ARS153.05 MGA
100 ARS306.10 MGA
150 ARS459.15 MGA
200 ARS612.20 MGA
250 ARS765.25 MGA
300 ARS918.30 MGA
400 ARS1,224.40 MGA
500 ARS1,530.50 MGA
600 ARS1,836.60 MGA
700 ARS2,142.70 MGA
800 ARS2,448.80 MGA
1,000 ARS3,061.00 MGA
1,500 ARS4,591.50 MGA
2,000 ARS6,122.00 MGA
2,500 ARS7,652.50 MGA
3,000 ARS9,183.00 MGA
4,000 ARS12,244.00 MGA
5,000 ARS15,305.00 MGA
10,000 ARS30,610.00 MGA
15,000 ARS45,915.00 MGA
20,000 ARS61,220.00 MGA
30,000 ARS91,830.00 MGA
40,000 ARS122,440.00 MGA
50,000 ARS153,050.00 MGA
100,000 ARS306,100.00 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 Argentina to Madagascar?

Sending money internationally to Madagascar from Argentina can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Argentine Peso to MGA remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Madagascar. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Malagasy Ariary.


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

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Madagascar from Argentina.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your ARS to Malagasy Ariary remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for ARS to MGA remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to send money from Argentina to Madagascar?

Finding the cheapest way to send money from Argentina to Madagascar might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer ARS to MGA via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Argentina to Madagascar exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


How to send money from Argentina 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 ARS 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 Argentina 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 Argentina. They do this by letting you fund your transaction through your local bank account in Argentina, 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.


How to send money from Argentina to Madagascar fast?

The speed of your Argentine Peso to Malagasy Ariary funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert ARS to MGA. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Madagascar from Argentina is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Madagascar if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout MGA into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Argentina bank to Madagascar bank transfer.


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

Since the Argentine Peso to Malagasy Ariary 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 Argentina that may also be able to send money to Madagascar. 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 ARS to MGA money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Madagascar gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Argentina to Madagascar transaction.


Step by step guide to do a money transfer from Argentina to Madagascar

With so many possible ways to transfer Argentine Peso to Malagasy Ariary, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Argentina to Madagascar remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Argentina and the receiver in Madagascar. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your ARS to Malagasy Ariary money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.