Best Way to Send Money to Madagascar from Hong Kong (HKD to MGA)

Sending money from Hong Kong to Madagascar: what today's data shows

RemitFinder compares 2 providers and 5 ways to send money from Hong Kong to Madagascar. The mid-market rate is MGA 575.518 per HKD. 1 provider has no-fee options. The fastest published delivery is instant.

🧭 What is the best way to send money to Madagascar from Hong Kong?

It depends on how you pay, how your recipient wants the money and how much you send. RemitFinder compares 2 providers offering 5 ways to send Hong Kong Dollar (HKD) to Malagasy Ariary (MGA).

🔀 Ways to receive:

Cash Pickup, Mobile Wallet and Bank Account are the most widely offered ways to receive, with 1 provider each.

💱 How to get the best HKD to MGA exchange rate?

The mid-market Hong Kong Dollar to Malagasy Ariary rate today is MGA 575.518 per HKD. Providers add a markup to it, so compare the rate each one gives you, not the mid-market rate.

At that rate, HKD 1,000 is MGA 575,518.00, and each 1% of markup costs about MGA 5,755.18.

• 📊 Rates run from MGA 557.4229 to MGA 576.7167 per HKD across all amounts. The top two rates are from MoneyGram (MGA 576.7167 for transfers up to HKD 34,850) and Airwallex (MGA 565.983).
• ✅ MoneyGram offers a rate above the mid-market rate on some amounts.

How your recipient gets the money changes the rate. The median provider's best rate is 0.21% above the mid-market rate for money received as Cash Pickup, 1.66% below it in a Bank Account and 3.14% below it in a Mobile Wallet.

💸 What is the cheapest way to send money to Madagascar from Hong Kong?

It depends on the amount: fees and exchange rates change with how much you send, so the cards above rank every way to send at the amount you enter.

• 🆓 1 provider charges no fee on some ways to send or some amounts: Airwallex.

🏦 How to send money from Hong Kong to Madagascar through a bank?

1 provider accepts payment by Bank Transfer. Your recipient can receive the money in a Bank Account with 1 provider.

• ⏱️ Money typically arrives in a Bank Account in 2–4 days, and Airwallex publishes delivery in about 2 hours.
• 🧾 What you need: the recipient's full name, bank name and account number, plus the bank's code.

Find the bank code: SWIFT codes for banks in Madagascar.

⚡ How to send money from Hong Kong to Madagascar fast?

The fastest published delivery arrives instantly, with MoneyGram (Cash Pickup).

By the times providers publish, money can arrive instantly as Cash Pickup, within 30 minutes in a Mobile Wallet and in about 2 hours in a Bank Account.

Delivery times are those providers publish, or typical times for the delivery method where they publish none. Actual times can vary with identity checks, bank cut-off times and public holidays.

🏆 Which are the best money transfer companies to send money to Madagascar from Hong Kong?

There's no single best company: it depends on the amount and how you send. These are today's standouts, each by a measured figure.

• 💱 MoneyGram and Airwallex offer the highest exchange rates, from MGA 565.983 to MGA 576.7167 per HKD.
• 🔀 MoneyGram offers the most ways to send (4), followed by Airwallex (1).
• 💵 MoneyGram offers Cash Pickup in Madagascar.
• 🆓 1 provider has no-fee options.
• ⚡ MoneyGram publishes the fastest delivery: instant.

Below are the details for each provider, in alphabetical order: its exchange rate, fees, ways to pay and receive, delivery times, limits and what your recipient gets.

Airwallex HKD to MGA exchange rate today

• 💱 Airwallex's Hong Kong Dollar to Malagasy Ariary exchange rate is MGA 565.983 per HKD, 1.66% below the mid-market rate.
• 💸 Airwallex charges no fee.
• 🏦 With Airwallex, you pay from a Bank Account, and your recipient gets the money in a Bank Account.
• ⏱️ With Airwallex, money arrives in a Bank Account in about 2 hours.

MoneyGram HKD to MGA exchange rate today

• 💱 MoneyGram's Hong Kong Dollar to Malagasy Ariary exchange rate runs from MGA 557.4229 to MGA 576.7167 per HKD. Its best rate applies to transfers up to HKD 34,850 and is 0.21% above the mid-market rate.
• 💸 MoneyGram charges HKD 8.
• 🏦 With MoneyGram, you pay by Credit Card or by Debit Card, and your recipient gets the money as Cash Pickup or in a Mobile Wallet.
• ⏱️ With MoneyGram, money arrives as Cash Pickup instantly and in a Mobile Wallet within 30 minutes.
• 📏 MoneyGram accepts up to HKD 34,850 per transfer.

Limits are those providers publish to RemitFinder. What you can actually send depends on the provider's checks, your account and the rules in both countries.

🪜 Step by step guide to send money from Hong Kong to Madagascar

1. Compare providers. RemitFinder lists 2 providers and 5 ways to send; the cards above rank them for your amount.
2. Choose how to pay. You can pay by Credit Card, by Debit Card or from a Bank Account.
3. Choose how your recipient gets the money. Cash Pickup (1 provider), Mobile Wallet (1 provider) or Bank Account (1 provider).
4. Check the limits. Published maximums start at HKD 34,850 per transfer. What you can send also depends on the provider's checks and the rules in both countries.
5. Sign up and verify your identity. Providers need ID before your first transfer.
6. Add your recipient's details. Name and Bank Account details, or their name as on their ID for Cash Pickup. Find the bank code: SWIFT codes for banks in Madagascar.
7. Pay and track the transfer. The fastest published delivery arrives instantly. Money typically arrives in a Bank Account in 2–4 days.

Frequently Asked Questions: Sending money to Madagascar from Hong Kong

These FAQs use data from RemitFinder's live comparison of 2 providers for Hong Kong to Madagascar money transfers.

• How do I send money from Hong Kong to Madagascar?

  Compare 2 providers on RemitFinder, choose how you pay and how your recipient gets the money, then send online with the provider you pick.

• What is the best way to send money to Madagascar from Hong Kong?

  It depends on how you pay, how your recipient wants the money and how much you send.

• What is the cheapest way to send money to Madagascar?

  1 provider charges no fee on some ways to send or some amounts, and the exchange-rate markup decides the rest. RemitFinder ranks every way to send by what your recipient gets, fees included.

• What is the HKD to MGA exchange rate today?

  The mid-market rate is MGA 575.518 per HKD. Providers' rates run from MGA 557.4229 to MGA 576.7167.

• Can I get a better rate than the mid-market HKD to MGA rate?

  Yes. MoneyGram offers a rate above the mid-market rate on some amounts today, so your recipient can get more than your amount converted at the mid-market rate. Rates like these can depend on the amount, how you pay or a first-transfer offer, so check the provider's terms.

• How can I send cash to Madagascar from Hong Kong?

  MoneyGram offers Cash Pickup in Madagascar. By published times, Cash Pickup can be ready instantly with MoneyGram.

• What is the fastest way to send money to Madagascar?

  By their published times, MoneyGram delivers fastest, instantly.

• Can I send money from Hong Kong to Madagascar instantly?

  Yes. MoneyGram publishes delivery within an hour on some ways to send.

• How much money can I send to Madagascar from Hong Kong?

  Each provider sets its own limits. The lowest published maximum is HKD 34,850, and 1 of 2 providers publish no maximum. Checks and the rules in both countries also apply.

• Can I send money to Madagascar without fees?

  Yes, with Airwallex on some ways to send or some amounts. Check the exchange rate too, as a no-fee transfer can still carry a markup.

• Which providers send money from Hong Kong to Madagascar?

  RemitFinder compares 2 providers: Airwallex and MoneyGram.

• Which app is best to send money to Madagascar?

  It depends on your amount and how you pay. RemitFinder compares 2 providers and ranks every way to send for the amount you enter.

• Why do providers charge different amounts to send money to Madagascar?

  Each provider sets its own exchange-rate markup and fees, and both can change with how you pay, how your recipient gets the money and how much you send.