Compare today's EUR to MGA (Euro to Malagasy Ariary) exchange rates
Interbank Exchange Rate: 1 EUR = 5,194.1233 MGA
Updated about an hour ago
Found 8 Remittance Service Providers
1000 EUR =
5 143 000.00 MGA
Transfer Limit (EUR): 0 - 20000
Locked-In Rate1 EUR = 5,143.0000 MGA
📢 Special exchange rate applied for first transfer
1000 EUR =
5 115 492.00 MGA
Transfer Limit (EUR): 12 - 4000
Indicative Rate1 EUR = 5,115.4920 MGA
1000 EUR =
5 108 766.30 MGA
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 5,108.7663 MGA
📢 B2B transfers only
1000 EUR =
5 087 356.80 MGA
Transfer Limit (EUR): 12 - 100000
Indicative Rate1 EUR = 5,087.3568 MGA
1000 EUR =
5 043 992.40 MGA
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 5,043.9924 MGA
1000 EUR =
5 031 855.90 MGA
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 5,031.8559 MGA
📢 New! Cash pickup available
1000 EUR =
4 989 700.30 MGA
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 4,989.7003 MGA
📢 Special exchange rate applied for first transfer
1000 EUR =
4 988 187.60 MGA
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 4,988.1876 MGA
0 Remit Service Providers did not match the search criteria.
If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.
All you need to know about Euro to Malagasy Ariary money transfers
Easily compare money transfer providers in one place to send money from Belgium 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 Belgium, we currently have 8 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 5,143.0000.
The next best Euro to Malagasy Ariary exchange rate today for money transfers to Madagascar is offered by Dahabshiil (1 EUR = 5,115.4920 MGA).
Were you looking to send money from Madagascar to Belgium 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 | 5,194.12 MGA |
| 5 EUR | 25,970.62 MGA |
| 10 EUR | 51,941.23 MGA |
| 25 EUR | 129,853.08 MGA |
| 50 EUR | 259,706.17 MGA |
| 100 EUR | 519,412.33 MGA |
| 150 EUR | 779,118.50 MGA |
| 200 EUR | 1,038,824.66 MGA |
| 250 EUR | 1,298,530.83 MGA |
| 300 EUR | 1,558,236.99 MGA |
| 400 EUR | 2,077,649.32 MGA |
| 500 EUR | 2,597,061.65 MGA |
| 600 EUR | 3,116,473.98 MGA |
| 700 EUR | 3,635,886.31 MGA |
| 800 EUR | 4,155,298.64 MGA |
| 1,000 EUR | 5,194,123.30 MGA |
| 1,500 EUR | 7,791,184.95 MGA |
| 2,000 EUR | 10,388,246.60 MGA |
| 2,500 EUR | 12,985,308.25 MGA |
| 3,000 EUR | 15,582,369.90 MGA |
| 4,000 EUR | 20,776,493.20 MGA |
| 5,000 EUR | 25,970,616.50 MGA |
| 10,000 EUR | 51,941,233.00 MGA |
| 15,000 EUR | 77,911,849.50 MGA |
| 20,000 EUR | 103,882,466.00 MGA |
| 30,000 EUR | 155,823,699.00 MGA |
| 40,000 EUR | 207,764,932.00 MGA |
| 50,000 EUR | 259,706,165.00 MGA |
| 100,000 EUR | 519,412,330.00 MGA |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to send money to Madagascar from Belgium?
Sending money internationally to Madagascar from Belgium 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 Euro 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 Belgium?
When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your EUR to Malagasy Ariary money transfer.Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Belgium to Madagascar. We carefully select providers to give you the best choices for sending money internationally.
Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for EUR to MGA remittances. With our daily free rate alert, you will never have to manually search and compare providers again.
What's the cheapest way to send money from Belgium to Madagascar?
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 Belgium 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 Belgium 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 Belgium to Madagascar?
Big banks in Belgium are known to make a lot of money by charging high fees on Madagascar money transfers from Belgium. 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 Belgium 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 Belgium to Madagascar?
How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Belgium to Madagascar. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.To help you convert EUR to MGA fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.
If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Euro amount reaching Madagascar. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.
Hopefully, you do not find yourself in a crisis where you have to rush Malagasy Ariary quickly to Madagascar, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.
Which are the best money transfer companies to transfer money from Belgium to Madagascar?
Belgium 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 Euro 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 Belgium to Madagascar
The first step to send money to Madagascar from Belgium is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.Once you have a provider chosen, follow these steps to execute your EUR to MGA overseas funds transfer.
- Click through to the provider's site and register an account.
- Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
- Add recipient information including their bank account in Madagascar if paying via ACH direct deposit or bank transfer.
- Enter your sending amount, and initiate a transaction.
- Pay for your transaction via your Belgium bank account or alternative methods like a debit card.
- Sit back and relax, and see your money travel to Madagascar!