Compare today's EUR to MGA (Euro to Malagasy Ariary) exchange rates
Interbank Exchange Rate: 1 EUR = 5,222.1776 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 Guadeloupe 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 Guadeloupe, 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 Guadeloupe.
Were you looking to send money from Madagascar to Guadeloupe 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 | 5,222.18 MGA |
| 5 EUR | 26,110.89 MGA |
| 10 EUR | 52,221.78 MGA |
| 25 EUR | 130,554.44 MGA |
| 50 EUR | 261,108.88 MGA |
| 100 EUR | 522,217.76 MGA |
| 150 EUR | 783,326.64 MGA |
| 200 EUR | 1,044,435.52 MGA |
| 250 EUR | 1,305,544.40 MGA |
| 300 EUR | 1,566,653.28 MGA |
| 400 EUR | 2,088,871.04 MGA |
| 500 EUR | 2,611,088.80 MGA |
| 600 EUR | 3,133,306.56 MGA |
| 700 EUR | 3,655,524.32 MGA |
| 800 EUR | 4,177,742.08 MGA |
| 1,000 EUR | 5,222,177.60 MGA |
| 1,500 EUR | 7,833,266.40 MGA |
| 2,000 EUR | 10,444,355.20 MGA |
| 2,500 EUR | 13,055,444.00 MGA |
| 3,000 EUR | 15,666,532.80 MGA |
| 4,000 EUR | 20,888,710.40 MGA |
| 5,000 EUR | 26,110,888.00 MGA |
| 10,000 EUR | 52,221,776.00 MGA |
| 15,000 EUR | 78,332,664.00 MGA |
| 20,000 EUR | 104,443,552.00 MGA |
| 30,000 EUR | 156,665,328.00 MGA |
| 40,000 EUR | 208,887,104.00 MGA |
| 50,000 EUR | 261,108,880.00 MGA |
| 100,000 EUR | 522,217,760.00 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 to Madagascar from Guadeloupe?
With the global remittance market booming, there are so many choices for Euro to MGA money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Madagascar from Guadeloupe. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.
We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final MGA amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.
How to get the best remit rate for transferring money from Guadeloupe 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 Guadeloupe. 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 EUR 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 Guadeloupe 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 to send money to Madagascar from Guadeloupe?
Finding the cheapest way to send money from Guadeloupe 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 EUR 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 Guadeloupe 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 from Guadeloupe to Madagascar through a bank?
Bank transfers have been a traditionally popular way to send money overseas from Guadeloupe to Madagascar. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the EUR to MGA exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.
We, therefore, recommend that before you use your Guadeloupe bank for your Madagascar money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.
How to send money to Madagascar from Guadeloupe fast?
It could be a stressful experience if you need to rush money quickly from Guadeloupe to Madagascar. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?First, you should ensure that you are picking the right payment method to convert EUR to MGA. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.
Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Malagasy Ariary. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.
Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Guadeloupe to Madagascar money transfers.
Which are the best money transfer companies to send money from Guadeloupe to Madagascar?
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 Guadeloupe 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 do a money transfer from Guadeloupe to Madagascar
There are many important aspects of Guadeloupe to Madagascar remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.
- Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
- Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Guadeloupe bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
- Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include MGA bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
- Step 4 - Provision recipient details including name and address.
- Step 5 - Decide how much Euro amount you want to send from Guadeloupe.
- Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
- Step 7 - Validate all the information for accuracy and start your transaction.