📈 Germany to Madagascar Money Transfer Snapshot Today
- Best EUR to MGA exchange rate today: MGA 4,839.8600, offered by Remitly
- Number of money transfer providers compared: 8
- Exchange rate range: MGA 4,839.8600 to MGA 4,698.6352
- Potential savings on EUR 1000: MGA 141,224.80
- Number of deals and promo codes: 6
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real EUR to MGA exchange rate before providers add their margin or fees. exchange rate: 1 EUR = MGA 4,863.2115 (Updated about 1 hours ago)
See detailed Germany to Madagascar money transfer comparison below.
Germany to Madagascar money transfer providers that matched the search criteria
📢 Special exchange rate applied for first transfer
📢 B2B transfers only
📢 New! Cash pickup available
📢 Special exchange rate applied for first transfer
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.
💡What these rates mean for sending money to Madagascar from Germany today
Compare top-rated money transfer providers to find the best way to remit money to Madagascar from Germany. Check today's EUR to MGA exchange rates, read detailed provider reviews, and discover exclusive deals and promo codes.
RemitFinder compared 8 providers for Germany to Madagascar money transfers today. Here is what the competition looks like right now:
Today's Most Competitive Providers to Transfer Money to Madagascar from Germany
🥇 Remitly with 1 EUR = 4,839.8600 MGA (best EUR to MGA exchange rate today).
🥈 Dahabshiil offering 1 EUR = 4,793.3140 MGA.
🥉 TalkRemit & Airwallex are also providing good FX rate today.
The 8 providers compared today offer exchange rates from MGA 4,698.6352 to MGA 4,839.8600. On a EUR 1000 transfer from Germany to Madagascar, that spread means up to MGA 141,224.80 in potential savings — simply by choosing the right provider.
Euro to Malagasy Ariary exchange rates fluctuate throughout the day, and top-ranked providers can change quickly. Even a small difference in the rate offered can significantly impact how much MGA your recipient receives in Madagascar.
Compare the providers above to maximize every EUR you send to Madagascar. The best Euro to Malagasy Ariary transfer rate changes daily, so comparing today matters.
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 Germany.
Latest Exchange Rates for Sending Money to Madagascar from Germany
Here are some latest EUR to MGA (Euro to Malagasy Ariary) exchange rates for popular conversion amounts*.
| 1 EUR | 4,863.21 MGA |
| 5 EUR | 24,316.06 MGA |
| 10 EUR | 48,632.12 MGA |
| 25 EUR | 121,580.29 MGA |
| 50 EUR | 243,160.58 MGA |
| 100 EUR | 486,321.15 MGA |
| 150 EUR | 729,481.73 MGA |
| 200 EUR | 972,642.30 MGA |
| 250 EUR | 1,215,802.88 MGA |
| 300 EUR | 1,458,963.45 MGA |
| 400 EUR | 1,945,284.60 MGA |
| 500 EUR | 2,431,605.75 MGA |
| 600 EUR | 2,917,926.90 MGA |
| 700 EUR | 3,404,248.05 MGA |
| 800 EUR | 3,890,569.20 MGA |
| 1000 EUR | 4,863,211.50 MGA |
| 1500 EUR | 7,294,817.25 MGA |
| 2000 EUR | 9,726,423.00 MGA |
| 2500 EUR | 12,158,028.75 MGA |
| 3000 EUR | 14,589,634.50 MGA |
| 4000 EUR | 19,452,846.00 MGA |
| 5000 EUR | 24,316,057.50 MGA |
| 10000 EUR | 48,632,115.00 MGA |
| 15000 EUR | 72,948,172.50 MGA |
| 20000 EUR | 97,264,230.00 MGA |
| 30000 EUR | 145,896,345.00 MGA |
| 40000 EUR | 194,528,460.00 MGA |
| 50000 EUR | 243,160,575.00 MGA |
| 100000 EUR | 486,321,150.00 MGA |
*Based on the Mid-market Exchange Rate
What is the best way to transfer money from Germany to Madagascar?
Sending money internationally to Madagascar from Germany can be challenging given so many companies willing to move your money overseas.To make this easier, RemitFinder compares exchange rates from various providers to bring you the best choices for your Euro to MGA money transfers.
These companies been vetted by our team to ensure you get access to safe, secure and reliable providers to send money to Madagascar from Germany. Plus, you can take advantage of exclusive promo codes and deals so your loved ones back home get maximum MGA for every Euro you send.
How to get the best EUR to MGA remit rate?
Euro to Malagasy Ariary exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Madagascar from Germany. Another added complexity is the multitude of choices at your disposal, making manual searching time consuming and difficult.You can eliminate the manual work to search and compare providers for your EUR to Malagasy Ariary money transfers by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various companies, and send you the info you need.
This way, you do not miss out on good choices if we add new partners for the Germany to Madagascar corridor.
What is the cheapest way to transfer money to Madagascar from Germany?
To send money to Madagascar from Germany, you should try to maximize the money your recipient gets in Malagasy Ariary. Transaction speed, security and other factors notwithstanding, your biggest lever to make the most of your hard earned money is finding the cheapest EUR to MGA money transfer.Some of the traditional ways to send money may not be the cheapest. For example, you may end up paying high fees as well as get sub optimal exchange rate on your transfer from Germany to Madagascar.
That is why comparing providers is key. Use RemitFinder to see find the cheapest money transfer options for getting the best Germany to Madagascar exchange rate. You also get access to many exclusive promo codes and discounts; these help reduce your cost to send Euro to Madagascar.
How to send money from Germany to Madagascar through a bank?
Bank transfers are a convenient and familiar way to send money overseas from Germany to Madagascar. But they may not be the cheapest option available to you.In general, banks charge high fees (up to USD 35-50, or currency equivalent) and provide lower EUR to MGA exchange rates. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on Germany to Madagascar remittances.
We, therefore, recommend that before you use your Germany bank for your Madagascar money transfers, you explore other options to carefully review your total cost as well as the exchange rate you will get. Combined, these two factors will impact how much Malagasy Ariary your recipient gets in Madagascar.
What is the fastest way to transfer money from Germany to Madagascar?
It can be stressful to rush money from Germany to Madagascar. But the good news is that there are best practices you can rely on for fast transfers.First, pick the right payment method to convert from EUR to MGA. For example, bank transfers are slower as compared to cash payments.
Similarly, choose cash pickup to pay your receiver. Just be aware that the FX rate on cash transactions may not be the best, and there is risk in handling cash. Mobile airtime top up may be the next fastest option.
Transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and can vary from provider to provider. See our remittance guide to see how remittances work in general, and what factors affect the speed of your Germany to Madagascar money transfers.
Which are the best money transfer companies to send money to Madagascar from Germany?
Finding the best money transfer companies for sending money to Madagascar from Germany can be challenging, especially given the many choices.When comparing providers, inspect them on various parameters to gauge the best fit for sending to Madagascar. For example, how much do you want to send? Are you OK paying a fee for your Euro to Malagasy Ariary transfer? Can you send money using indicative rates? When you apply your criteria to the choices you see, you can fine tune the list to a small number.
Finally, keep an eye on promotions as they will help maximize your MGA yield on every Euro that you send.
Step by step guide to transfer money to Madagascar from Germany
Follow the below easy steps to send money to Madagascar from Germany.- Choose a provider that meets your needs and register an account with them.
- Provide info and documentation to verify identity and address - providers need this information to secure your account and prevent fraud.
- Add your payment method to fund your transaction; generally, your Germany bank account.
- Add recipient details (can also be your own account in Madagascar).
- Specify how the recipient will get the proceeds; for example, a bank account.
- Enter the transfer amount and start the transaction.
Whilst it's easy to send money online, the harder part may be choosing the right provider. This is where you can use RemitFinder tom easily compare money transfer companies.