Compare today's XCD to MGA (East Caribbean Dollar to Malagasy Ariary) exchange rates
Interbank Exchange Rate: 1 XCD = 1,634.5462 MGA
Updated about an hour ago
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All you need to know about East Caribbean Dollar to Malagasy Ariary money transfers
Easily compare money transfer providers in one place to send money from Dominica to Madagascar. Send money overseas to your loved ones by comparing East Caribbean Dollar (XCD) 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 Dominica.
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Latest XCD to MGA Conversion Rates
Here are some latest XCD to MGA (East Caribbean Dollar to Malagasy Ariary) exchange rates for popular conversion amounts*.
| 1 XCD | 1,634.55 MGA |
| 5 XCD | 8,172.73 MGA |
| 10 XCD | 16,345.46 MGA |
| 25 XCD | 40,863.66 MGA |
| 50 XCD | 81,727.31 MGA |
| 100 XCD | 163,454.62 MGA |
| 150 XCD | 245,181.93 MGA |
| 200 XCD | 326,909.24 MGA |
| 250 XCD | 408,636.55 MGA |
| 300 XCD | 490,363.86 MGA |
| 400 XCD | 653,818.48 MGA |
| 500 XCD | 817,273.10 MGA |
| 600 XCD | 980,727.72 MGA |
| 700 XCD | 1,144,182.34 MGA |
| 800 XCD | 1,307,636.96 MGA |
| 1,000 XCD | 1,634,546.20 MGA |
| 1,500 XCD | 2,451,819.30 MGA |
| 2,000 XCD | 3,269,092.40 MGA |
| 2,500 XCD | 4,086,365.50 MGA |
| 3,000 XCD | 4,903,638.60 MGA |
| 4,000 XCD | 6,538,184.80 MGA |
| 5,000 XCD | 8,172,731.00 MGA |
| 10,000 XCD | 16,345,462.00 MGA |
| 15,000 XCD | 24,518,193.00 MGA |
| 20,000 XCD | 32,690,924.00 MGA |
| 30,000 XCD | 49,036,386.00 MGA |
| 40,000 XCD | 65,381,848.00 MGA |
| 50,000 XCD | 81,727,310.00 MGA |
| 100,000 XCD | 163,454,620.00 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 from Dominica to Madagascar?
There are many good choices when it comes to sending money from Dominica 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 East Caribbean Dollar to MGA money transfers.We compare different remittance companies to bring you the best options to send money to Madagascar from Dominica. 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 East Caribbean Dollar 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 remit rate for transferring money from Dominica to Madagascar?
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 XCD 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 Dominica 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 XCD 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 for transferring money to Madagascar from Dominica?
One of the most important things to watch out for is hidden fees when sending money to Madagascar from Dominica. 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 XCD 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 Dominica.
Should I use my bank to send money from Dominica to Madagascar?
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 XCD 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 Dominica 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 Dominica. They do this by letting you fund your transaction through your local bank account in Dominica, 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 to Madagascar from Dominica fast?
How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Dominica 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 XCD 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 East Caribbean Dollar 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 send money to Madagascar from Dominica?
Comparing money transfer companies for sending money to Madagascar from Dominica can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Madagascar. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your East Caribbean Dollar to Malagasy Ariary transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?
Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Malagasy Ariary yield on every East Caribbean Dollar that you send.
Step by step guide to do a money transfer from Dominica to Madagascar
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 Dominica 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 Dominica 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 Dominica 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.