Compare today's EUR to MGA (Euro to Malagasy Ariary) exchange rates
Interbank Exchange Rate: 1 EUR = 5,222.6706 MGA
Updated about an hour ago
Found 1 Remittance Service Providers
1000 EUR =
5 123 344.80 MGA
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 5,123.3448 MGA
📢 New! Cash pickup available
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 French Southern Territories 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 French Southern Territories, we currently have 1 remittance service providers available.
XE Money Transfer currently offers the most competitive rate for sending money to Madagascar and their 1 EUR to MGA exchange rate today is 5,123.3448.
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 French Southern Territories.
Were you looking to send money from Madagascar to French Southern Territories 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 EUR to MGA Conversion Rates
Here are some latest EUR to MGA (Euro to Malagasy Ariary) exchange rates for popular conversion amounts*.
| 1 EUR | 5,222.67 MGA |
| 5 EUR | 26,113.35 MGA |
| 10 EUR | 52,226.71 MGA |
| 25 EUR | 130,566.77 MGA |
| 50 EUR | 261,133.53 MGA |
| 100 EUR | 522,267.06 MGA |
| 150 EUR | 783,400.59 MGA |
| 200 EUR | 1,044,534.12 MGA |
| 250 EUR | 1,305,667.65 MGA |
| 300 EUR | 1,566,801.18 MGA |
| 400 EUR | 2,089,068.24 MGA |
| 500 EUR | 2,611,335.30 MGA |
| 600 EUR | 3,133,602.36 MGA |
| 700 EUR | 3,655,869.42 MGA |
| 800 EUR | 4,178,136.48 MGA |
| 1,000 EUR | 5,222,670.60 MGA |
| 1,500 EUR | 7,834,005.90 MGA |
| 2,000 EUR | 10,445,341.20 MGA |
| 2,500 EUR | 13,056,676.50 MGA |
| 3,000 EUR | 15,668,011.80 MGA |
| 4,000 EUR | 20,890,682.40 MGA |
| 5,000 EUR | 26,113,353.00 MGA |
| 10,000 EUR | 52,226,706.00 MGA |
| 15,000 EUR | 78,340,059.00 MGA |
| 20,000 EUR | 104,453,412.00 MGA |
| 30,000 EUR | 156,680,118.00 MGA |
| 40,000 EUR | 208,906,824.00 MGA |
| 50,000 EUR | 261,133,530.00 MGA |
| 100,000 EUR | 522,267,060.00 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 French Southern Territories to Madagascar?
There are many good choices when it comes to sending money from French Southern Territories 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 French Southern Territories. 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 exchange rate for your money transfers from French Southern Territories to Madagascar?
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 French Southern Territories 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 from French Southern Territories 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 French Southern Territories 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 French Southern Territories 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.
How to send money to Madagascar from French Southern Territories through a bank?
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 French Southern Territories 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 EUR to MGA transfers.
Given this, there are umpteen additional options to send money to Madagascar instead of just your French Southern Territories 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 Euro even more so that your recipient in Madagascar gets the maximum amount.
How to send money from French Southern Territories to Madagascar fast?
If you need to convert EUR 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 French Southern Territories 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 Euro 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 French Southern Territories 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 send money to Madagascar from French Southern Territories?
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 French Southern Territories 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 Euro 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 Euro you send.
Step by step guide to send money to Madagascar from French Southern Territories
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 French Southern Territories 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 French Southern Territories 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 French Southern Territories 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.