Compare today's GEL to MGA (Georgian Lari to Malagasy Ariary) exchange rates
Interbank Exchange Rate: 1 GEL = 1,642.9453 MGA
Updated about an hour ago
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All you need to know about Georgian Lari to Malagasy Ariary money transfers
Easily compare money transfer providers in one place to send money from Georgia to Madagascar. Send money overseas to your loved ones by comparing Georgian Lari (GEL) 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 Georgia.
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Latest GEL to MGA Conversion Rates
Here are some latest GEL to MGA (Georgian Lari to Malagasy Ariary) exchange rates for popular conversion amounts*.
| 1 GEL | 1,642.95 MGA |
| 5 GEL | 8,214.73 MGA |
| 10 GEL | 16,429.45 MGA |
| 25 GEL | 41,073.63 MGA |
| 50 GEL | 82,147.27 MGA |
| 100 GEL | 164,294.53 MGA |
| 150 GEL | 246,441.80 MGA |
| 200 GEL | 328,589.06 MGA |
| 250 GEL | 410,736.33 MGA |
| 300 GEL | 492,883.59 MGA |
| 400 GEL | 657,178.12 MGA |
| 500 GEL | 821,472.65 MGA |
| 600 GEL | 985,767.18 MGA |
| 700 GEL | 1,150,061.71 MGA |
| 800 GEL | 1,314,356.24 MGA |
| 1,000 GEL | 1,642,945.30 MGA |
| 1,500 GEL | 2,464,417.95 MGA |
| 2,000 GEL | 3,285,890.60 MGA |
| 2,500 GEL | 4,107,363.25 MGA |
| 3,000 GEL | 4,928,835.90 MGA |
| 4,000 GEL | 6,571,781.20 MGA |
| 5,000 GEL | 8,214,726.50 MGA |
| 10,000 GEL | 16,429,453.00 MGA |
| 15,000 GEL | 24,644,179.50 MGA |
| 20,000 GEL | 32,858,906.00 MGA |
| 30,000 GEL | 49,288,359.00 MGA |
| 40,000 GEL | 65,717,812.00 MGA |
| 50,000 GEL | 82,147,265.00 MGA |
| 100,000 GEL | 164,294,530.00 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 Georgia to Madagascar?
Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Georgia to Madagascar. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Georgian Lari to MGA.You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send GEL to MGA in Madagascar. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.
With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Madagascar from Georgia. We provide you with maximum choices to send money to Madagascar by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best exchange rate for your money transfers from Georgia 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 GEL 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 Georgia 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 GEL 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 transfer money from Georgia to Madagascar?
Finding the cheapest way to send money from Georgia to Madagascar might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer GEL to MGA via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.
Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Georgia to Madagascar exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.
How to send money to Madagascar from Georgia 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 Georgia 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 GEL to MGA transfers.
Given this, there are umpteen additional options to send money to Madagascar instead of just your Georgia 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 Georgian Lari even more so that your recipient in Madagascar gets the maximum amount.
How to send money to Madagascar from Georgia fast?
If you need to convert GEL 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 Georgia 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 Georgian Lari 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 Georgia 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 Georgia to Madagascar?
Georgia 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 Georgian Lari 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 to Madagascar from Georgia
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 Georgia 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 Georgia 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 Georgia 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.