Compare today's GTQ to MGA (Guatemalan Quetzal to Malagasy Ariary) exchange rates
Interbank Exchange Rate: 1 GTQ = 577.4421 MGA
Updated about an hour ago
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All you need to know about Guatemalan Quetzal to Malagasy Ariary money transfers
Easily compare money transfer providers in one place to send money from Guatemala to Madagascar. Send money overseas to your loved ones by comparing Guatemalan Quetzal (GTQ) 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 Guatemala.
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Latest GTQ to MGA Conversion Rates
Here are some latest GTQ to MGA (Guatemalan Quetzal to Malagasy Ariary) exchange rates for popular conversion amounts*.
| 1 GTQ | 577.44 MGA |
| 5 GTQ | 2,887.21 MGA |
| 10 GTQ | 5,774.42 MGA |
| 25 GTQ | 14,436.05 MGA |
| 50 GTQ | 28,872.11 MGA |
| 100 GTQ | 57,744.21 MGA |
| 150 GTQ | 86,616.32 MGA |
| 200 GTQ | 115,488.42 MGA |
| 250 GTQ | 144,360.53 MGA |
| 300 GTQ | 173,232.63 MGA |
| 400 GTQ | 230,976.84 MGA |
| 500 GTQ | 288,721.05 MGA |
| 600 GTQ | 346,465.26 MGA |
| 700 GTQ | 404,209.47 MGA |
| 800 GTQ | 461,953.68 MGA |
| 1,000 GTQ | 577,442.10 MGA |
| 1,500 GTQ | 866,163.15 MGA |
| 2,000 GTQ | 1,154,884.20 MGA |
| 2,500 GTQ | 1,443,605.25 MGA |
| 3,000 GTQ | 1,732,326.30 MGA |
| 4,000 GTQ | 2,309,768.40 MGA |
| 5,000 GTQ | 2,887,210.50 MGA |
| 10,000 GTQ | 5,774,421.00 MGA |
| 15,000 GTQ | 8,661,631.50 MGA |
| 20,000 GTQ | 11,548,842.00 MGA |
| 30,000 GTQ | 17,323,263.00 MGA |
| 40,000 GTQ | 23,097,684.00 MGA |
| 50,000 GTQ | 28,872,105.00 MGA |
| 100,000 GTQ | 57,744,210.00 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 Guatemala?
Sending money internationally to Madagascar from Guatemala can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Guatemalan Quetzal to MGA remittances.
Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Madagascar. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Malagasy Ariary.
How to get the best exchange rate for your money transfers from Guatemala to Madagascar?
With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Guatemala to Madagascar transfers.RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your GTQ to Malagasy Ariary international money transfers.
To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Guatemalan Quetzal to Malagasy Ariary exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.
What's the cheapest way to send money from Guatemala to Madagascar?
When you want to send money to Madagascar from Guatemala, you obviously want the cheapest possible option to maximize the money your recipient gets in Malagasy Ariary. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your GTQ to MGA money transfers.Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Guatemala to Madagascar. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.
That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Guatemala to Madagascar exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Malagasy Ariary overseas.
How to send money from Guatemala to Madagascar through a bank?
Bank transfers have been a traditionally popular way to send money overseas from Guatemala 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 GTQ 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 Guatemala 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 from Guatemala to Madagascar fast?
If you need to convert GTQ 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 Guatemala 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 Guatemalan Quetzal 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 Guatemala 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 Guatemala?
Since the Guatemalan Quetzal to Malagasy Ariary money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Guatemala that may also be able to send money to Madagascar. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.
To further decrease the cost of your GTQ to MGA money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Madagascar gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Guatemala to Madagascar transaction.
Step by step guide to do a money transfer from Guatemala to Madagascar
There are many important aspects of Guatemala 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 - Guatemala 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 Guatemalan Quetzal amount you want to send from Guatemala.
- 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.