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Israel
Madagascar
ILS

📈 Israel to Madagascar Money Transfer Snapshot Today

  • Best ILS to MGA exchange rate today: MGA 1,367.6751, offered by Airwallex
  • Number of money transfer providers compared: 3
  • Exchange rate range: MGA 1,367.6751 to MGA 1,332.5761
  • Potential savings on ILS 1000: MGA 35,099.00
  • Number of deals and promo codes: 0
  • Mid-marketⓘThe mid-market exchange rate (also called the interbank rate) is the real ILS to MGA exchange rate before providers add their margin or fees. exchange rate: 1 ILS = MGA 1,389.2582 (Updated about an hour ago)

See detailed Israel to Madagascar money transfer comparison below.

Israel to Madagascar money transfer providers that matched the search criteria

airwallex
Read more about Airwallex
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 ILS =
1 367 675.10 MGA
Transfer Limit (ILS): No Limits
Indicative Rate1 ILS = 1,367.6751 MGA

📢 B2B transfers only
REMITLY
Read more about Remitly
(*)★★ (*)★★ (*)★★ (*)★★ ( )★★
1000 ILS =
1 359 620.00 MGA
Transfer Limit (ILS): 0 - 20000
Locked-In Rate1 ILS = 1,359.6200 MGA

📢 Special exchange rate applied for first transfer
XEMONEYTX
Read more about XE Money Transfer
(*)★★ (*)★★ (*)★★ ( )★★ ( )★★
1000 ILS =
1 332 576.10 MGA
Transfer Limit (ILS): No Limits
Indicative Rate1 ILS = 1,332.5761 MGA

📢 New! Cash pickup available

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 Israel today

Compare top-rated money transfer providers to find the best way to remit money to Madagascar from Israel. Check today's ILS to MGA exchange rates, read detailed provider reviews, and discover exclusive deals and promo codes.

RemitFinder compared 3 providers for Israel 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 Israel

🥇 Airwallex with 1 ILS = 1,367.6751 MGA (best ILS to MGA exchange rate today).

🥈 Remitly offering 1 ILS = 1,359.6200 MGA.

🥉 XE Money Transfer is also pricing ILS-MGA competitively today.

The 3 providers compared today offer exchange rates from MGA 1,332.5761 to MGA 1,367.6751. On a ILS 1000 transfer from Israel to Madagascar, that spread means up to MGA 35,099.00 in potential savings — simply by choosing the right provider.

Israeli New Sheqel 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 ILS you send to Madagascar. The best Israeli New Sheqel 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 Israel.



Latest Exchange Rates for Sending Money to Madagascar from Israel

Here are some latest ILS to MGA (Israeli New Sheqel to Malagasy Ariary) exchange rates for popular conversion amounts*.

1 ILS1,389.26 MGA
5 ILS6,946.29 MGA
10 ILS13,892.58 MGA
25 ILS34,731.46 MGA
50 ILS69,462.91 MGA
100 ILS138,925.82 MGA
150 ILS208,388.73 MGA
200 ILS277,851.64 MGA
250 ILS347,314.55 MGA
300 ILS416,777.46 MGA
400 ILS555,703.28 MGA
500 ILS694,629.10 MGA
600 ILS833,554.92 MGA
700 ILS972,480.74 MGA
800 ILS1,111,406.56 MGA
1000 ILS1,389,258.20 MGA
1500 ILS2,083,887.30 MGA
2000 ILS2,778,516.40 MGA
2500 ILS3,473,145.50 MGA
3000 ILS4,167,774.60 MGA
4000 ILS5,557,032.80 MGA
5000 ILS6,946,291.00 MGA
10000 ILS13,892,582.00 MGA
15000 ILS20,838,873.00 MGA
20000 ILS27,785,164.00 MGA
30000 ILS41,677,746.00 MGA
40000 ILS55,570,328.00 MGA
50000 ILS69,462,910.00 MGA
100000 ILS138,925,820.00 MGA

*Based on the Mid-market Exchange RateⓘThe mid-market exchange rate (also called the interbank rate) is the real ILS to MGA exchange rate before providers add their margin or fees.. Actual payout may vary based on the chosen money transfer provider.


What is the best way to send money to Madagascar from Israel?

There are many good choices when it comes to sending money from Israel to Madagascar. With RemitFinder, you can easily compare numerous providers to get the best remit rates on your Israeli New Sheqel to MGA money transfers.

We compare different remittance companies to bring you the best options to send money to Madagascar from Israel. These trusted partners offer you their best ILS to MGA exchange rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promo codes; these help you further maximize the yield on your Israeli New Sheqel to Malagasy Ariary money transfers.


How to get the best ILS to MGA remit rate?

When sending money overseas, there are a lot of options at your disposal. RemitFinder helps you to decide who to pick for your ILS to Malagasy Ariary money transfers by comparing providers side by side.

Our comparison engine compares numerous remittance companies and presents you with the best options for sending money from Israel to Madagascar.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promo codes for ILS to MGA remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What is the cheapest way to send money from Israel to Madagascar?

Whilst there are numerous ways to send Israeli New Sheqel to Madagascar, some come with steep fees and hidden charges. For example, if you send money from Israel to Madagascar via a bank, you will pay high wire transfer fees.

To find the most cost effective way for Israeli New Sheqel to Malagasy Ariary remittances, compare various providers. But doing this manually is hard and time consuming.

Use RemitFinder to compare numerous providers for getting the best Israel to Madagascar exchange rate.

Another proven way to reduce your ILS to MGA transfer cost is to use exclusive promo codes partners provide to RemitFinder users like you. These deals further reduce the cost of your ILS to MGA remittances.


Should I use my bank to transfer money from Israel to Madagascar?

There are two major ways that banks in Israel make money on international funds transfers. First, by charging steep transaction fees (up to USD 35-50, or currency equivalent), and second, by providing a low ILS to MGA exchange rate.

One simple way to maximizing your payout is by minimizing the fees on Israel to Madagascar money you send, whilst looking for the best rate.

Most remittance companies offer bank to bank transfers for sending money to Madagascar from Israel. You do this by funding your transfer with your bank account in Israel, and by paying your recipient in their bank account in Madagascar. But you are likely to get much better rates and lower fees compared to your bank.


How to remit money to Madagascar from Israel fast?

The speed of your Israeli New Sheqel to Malagasy Ariary funds transfer will depend on various factors - provider you use, how you fund your transaction and how you pay your recipient. Compare providers to find the best fit.

Our comprehensive guide on remittances can help you understand important factors to convert from ILS to MGA. This will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

For example, to send money fast to Madagascar from Israel, you could use cash as payment and delivery method. But you need to go to physical locations, and there is risk involved in carrying cash.

Another fast way is to send MGA into a mobile wallet, or do a mobile airtime top up. These methods are faster than Israel bank to Madagascar bank transfer.


Which are the best money transfer companies to remit money to Madagascar from Israel?

Finding the best money transfer companies for sending money to Madagascar from Israel 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 Israeli New Sheqel 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 Israeli New Sheqel that you send.


Step by step guide to remit money to Madagascar from Israel

A key determinant of Israel to Madagascar remittance yield is the money transfer company you choose. Use RemitFinder to compare global providers in an easy to understand view.

Once you chosen the company you want to go with, follows the below steps to execute your transfer.

  • Create an account with the chosen provider. Provider identification documents and personal information; the provider needs this to ensure that you are a genuine person and comply with regulations.
  • Add your payment method - Israel bank account, Credit or Debit Card, or even cash (if supported).
  • Choose a delivery method - MGA bank deposit, cash pick, mobile wallet credit, etc.
  • Add recipient details including name and address.
  • Decide how much Israeli New Sheqel amount you want to send from Israel.
  • Optionally, look for deals or promotions. You can rely on RemitFinder to look for these. Discounts help you save even more, so be sure to use one if available.
  • Validate all the information for accuracy and start your transaction.

From this point on, the provider will work on your transfer and keep you posted on the progress. Be sure to check with your recipient in Madagascar to validate that they get the money once the transaction clears.