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Compare today's BTN to MGA (Bhutanese Ngultrum to Malagasy Ariary) exchange rates

Bhutan
Madagascar
BTN

Interbank Exchange Rate: 1 BTN = 48.9512 MGA
Updated about 1 hours ago

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All you need to know about Bhutanese Ngultrum to Malagasy Ariary money transfers

Easily compare money transfer providers in one place to send money from Bhutan to Madagascar. Send money overseas to your loved ones by comparing Bhutanese Ngultrum (BTN) 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 Bhutan.

Were you looking to send money from Madagascar to Bhutan instead?

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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 BTN to MGA Conversion Rates

Here are some latest BTN to MGA (Bhutanese Ngultrum to Malagasy Ariary) exchange rates for popular conversion amounts*.

1 BTN48.95 MGA
5 BTN244.76 MGA
10 BTN489.51 MGA
25 BTN1,223.78 MGA
50 BTN2,447.56 MGA
100 BTN4,895.12 MGA
150 BTN7,342.68 MGA
200 BTN9,790.24 MGA
250 BTN12,237.80 MGA
300 BTN14,685.36 MGA
400 BTN19,580.48 MGA
500 BTN24,475.60 MGA
600 BTN29,370.72 MGA
700 BTN34,265.84 MGA
800 BTN39,160.96 MGA
1,000 BTN48,951.20 MGA
1,500 BTN73,426.80 MGA
2,000 BTN97,902.40 MGA
2,500 BTN122,378.00 MGA
3,000 BTN146,853.60 MGA
4,000 BTN195,804.80 MGA
5,000 BTN244,756.00 MGA
10,000 BTN489,512.00 MGA
15,000 BTN734,268.00 MGA
20,000 BTN979,024.00 MGA
30,000 BTN1,468,536.00 MGA
40,000 BTN1,958,048.00 MGA
50,000 BTN2,447,560.00 MGA
100,000 BTN4,895,120.00 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 Bhutan to Madagascar?

There are many good choices when it comes to sending money from Bhutan 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 Bhutanese Ngultrum to MGA money transfers.

We compare different remittance companies to bring you the best options to send money to Madagascar from Bhutan. 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 Bhutanese Ngultrum 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 Bhutan?

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 Bhutan 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 BTN 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 Bhutanese Ngultrum 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 to send money to Madagascar from Bhutan?

When you want to send money to Madagascar from Bhutan, you obviously want the cheapest possible option to maximize the money your recipient gets in Malagasy Ariary. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your BTN to MGA money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Bhutan to Madagascar. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Bhutan to Madagascar exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Malagasy Ariary overseas.


Should I use my bank to transfer money from Bhutan to Madagascar?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Bhutan to Madagascar money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like BTN to MGA transfers.

Given this, there are umpteen additional options to send money to Madagascar instead of just your Bhutan bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Bhutanese Ngultrum even more so that your recipient in Madagascar gets the maximum amount.


What is the fastest way to do a money transfer to Madagascar from Bhutan?

If you need to convert BTN to MGA as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Bhutan to Madagascar could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Bhutanese Ngultrum to Malagasy Ariary funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Madagascar.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Bhutan to Madagascar. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to transfer money from Bhutan to Madagascar?

Since the Bhutanese Ngultrum 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 Bhutan 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 BTN 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 Bhutan to Madagascar transaction.


Step by step guide to send money to Madagascar from Bhutan

With so many possible ways to transfer Bhutanese Ngultrum 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 Bhutan 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 Bhutan 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 BTN to Malagasy Ariary money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.