Compare today's EUR to MGA (Euro to Malagasy Ariary) exchange rates
Found 7 Remittance Service Providers
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📢 Special exchange rate applied for first transfer
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All you need to know about Euro to Malagasy Ariary money transfers
Easily compare money transfer providers in one place to send money from Austria to Madagascar. Send money overseas to your loved ones by comparing Euro (EUR) 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.
When making a money transfer to Madagascar from Austria, we currently have 7 remittance service providers available.
Remitly currently offers the most competitive rate for sending money to Madagascar and their 1 EUR to MGA exchange rate today is 5,142.7800.
The next best Euro to Malagasy Ariary exchange rate today for money transfers to Madagascar is offered by Airwallex (1 EUR = 5,108.4594 MGA).
Dahabshiil and TalkRemit are amongst other competitive providers to consider for Austria to Madagascar money transfers.
Were you looking to send money from Madagascar to Austria instead?
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.
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.
Latest EUR to MGA Conversion Rates
Here are some latest EUR to MGA (Euro to Malagasy Ariary) exchange rates for popular conversion amounts*.
| 1 EUR | 5,199.45 MGA |
| 5 EUR | 25,997.25 MGA |
| 10 EUR | 51,994.50 MGA |
| 25 EUR | 129,986.26 MGA |
| 50 EUR | 259,972.52 MGA |
| 100 EUR | 519,945.04 MGA |
| 150 EUR | 779,917.56 MGA |
| 200 EUR | 1,039,890.08 MGA |
| 250 EUR | 1,299,862.60 MGA |
| 300 EUR | 1,559,835.12 MGA |
| 400 EUR | 2,079,780.16 MGA |
| 500 EUR | 2,599,725.20 MGA |
| 600 EUR | 3,119,670.24 MGA |
| 700 EUR | 3,639,615.28 MGA |
| 800 EUR | 4,159,560.32 MGA |
| 1,000 EUR | 5,199,450.40 MGA |
| 1,500 EUR | 7,799,175.60 MGA |
| 2,000 EUR | 10,398,900.80 MGA |
| 2,500 EUR | 12,998,626.00 MGA |
| 3,000 EUR | 15,598,351.20 MGA |
| 4,000 EUR | 20,797,801.60 MGA |
| 5,000 EUR | 25,997,252.00 MGA |
| 10,000 EUR | 51,994,504.00 MGA |
| 15,000 EUR | 77,991,756.00 MGA |
| 20,000 EUR | 103,989,008.00 MGA |
| 30,000 EUR | 155,983,512.00 MGA |
| 40,000 EUR | 207,978,016.00 MGA |
| 50,000 EUR | 259,972,520.00 MGA |
| 100,000 EUR | 519,945,040.00 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 Austria to Madagascar?
There are many good choices when it comes to sending money from Austria to Madagascar. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Euro to MGA money transfers.We compare different remittance companies to bring you the best options to send money to Madagascar from Austria. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.
Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Euro to Malagasy Ariary money transfers. You can take advantage of these deals and make the most of your hard earned money.
How to get the best rate to transfer money to Madagascar from Austria?
One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Madagascar.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Austria to Madagascar transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.
You may also want to sign up for our free exchange rate alert for your EUR to Malagasy Ariary money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.
What's the cheapest way to send money to Madagascar from Austria?
While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Austria to Madagascar via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.A sure way to find the most cost effective way for Euro to Malagasy Ariary remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.
Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Austria to Madagascar exchange rate.
Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for EUR to MGA remittances.
Should I use my bank to send money from Austria to Madagascar?
Big banks in Austria are known to make a lot of money by charging high fees on Madagascar money transfers from Austria. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.In addition to charging higher than average fees, banks are also notorious for giving you a EUR to MGA exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Madagascar. With our live comparison tool, you can easily compare many good options in one glance.
Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Austria to Madagascar. You work hard for your money, so you should also ensure you get the maximum yield when you send MGA overseas.
What is the fastest way to transfer money from Austria to Madagascar?
The first thing to do when you need to convert EUR 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 Euro 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 Austria 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 Austria?
The first step in selecting the best money transfer operators for Austria to Madagascar remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.
Another factor that may help you decide which provider to go with would be any coupons and deals available for Euro to Malagasy Ariary money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Madagascar.
Step by step guide to send money to Madagascar from Austria
Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Austria to Madagascar, then please continue to read.One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Austria to Madagascar that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.
Once you identify your provider of choice, follow the below step by step guide to send money.
- Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
- Provide information about the receiver - name, address and a bank account in Madagascar where they can receive monies in Malagasy Ariary.
- Then, provide details of your Austria bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
- Finally, select the amount you want to transfer, and click Send.
- The provider will start your transaction, and keep you updated on the progress of your transfer.







