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Compare today's DOP to MGA (Dominican Peso to Malagasy Ariary) exchange rates

Dominican Republic
Madagascar
DOP

Interbank Exchange Rate: 1 DOP = 70.1065 MGA
Updated about an hour ago

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

Easily compare money transfer providers in one place to send money from Dominican Republic to Madagascar. Send money overseas to your loved ones by comparing Dominican Peso (DOP) 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 Dominican Republic.

Were you looking to send money from Madagascar to Dominican Republic instead?

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.

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 DOP to MGA Conversion Rates

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

1 DOP70.11 MGA
5 DOP350.53 MGA
10 DOP701.06 MGA
25 DOP1,752.66 MGA
50 DOP3,505.33 MGA
100 DOP7,010.65 MGA
150 DOP10,515.98 MGA
200 DOP14,021.30 MGA
250 DOP17,526.63 MGA
300 DOP21,031.95 MGA
400 DOP28,042.60 MGA
500 DOP35,053.25 MGA
600 DOP42,063.90 MGA
700 DOP49,074.55 MGA
800 DOP56,085.20 MGA
1,000 DOP70,106.50 MGA
1,500 DOP105,159.75 MGA
2,000 DOP140,213.00 MGA
2,500 DOP175,266.25 MGA
3,000 DOP210,319.50 MGA
4,000 DOP280,426.00 MGA
5,000 DOP350,532.50 MGA
10,000 DOP701,065.00 MGA
15,000 DOP1,051,597.50 MGA
20,000 DOP1,402,130.00 MGA
30,000 DOP2,103,195.00 MGA
40,000 DOP2,804,260.00 MGA
50,000 DOP3,505,325.00 MGA
100,000 DOP7,010,650.00 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 Dominican Republic to Madagascar?

It can be very confusing when sending money from Dominican Republic to Madagascar given so many choices. Additionally, Dominican Peso to MGA exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Dominican Republic to Madagascar as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Madagascar from Dominican Republic. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Dominican Peso to Malagasy Ariary remittances.


How to get the best exchange rate for sending money from Dominican Republic to Madagascar?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Madagascar from Dominican Republic. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your DOP to Malagasy Ariary money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Dominican Republic to Madagascar corridor to give you more good choices for your next MGA money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way for transferring money to Madagascar from Dominican Republic?

One of the most important things to watch out for is hidden fees when sending money to Madagascar from Dominican Republic. 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 DOP 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 Dominican Republic.


Should I use my bank to transfer money from Dominican Republic to Madagascar?

Big banks in Dominican Republic are known to make a lot of money by charging high fees on Madagascar money transfers from Dominican Republic. 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 DOP 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 Dominican Republic 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 do a money transfer to Madagascar from Dominican Republic?

The speed of your Dominican 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 DOP 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 Dominican Republic 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 Dominican Republic bank to Madagascar bank transfer.


Which are the best money transfer companies to transfer money to Madagascar from Dominican Republic?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Dominican Republic to Madagascar, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Dominican Peso to Malagasy Ariary exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your MGA money transfers to Madagascar. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Madagascar getting more money for every Dominican Peso you send.


Step by step guide to do a money transfer from Dominican Republic 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 Dominican Republic 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 Dominican Republic 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 Dominican Republic 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.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your DOP travel to another part of the globe.