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Latvia
Madagascar
EUR

📈 Latvia 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: 4
  • Exchange rate range: MGA 4,839.8600 to MGA 4,715.4795
  • Potential savings on EUR 1000: MGA 124,380.50
  • Number of deals and promo codes: 2
  • 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 Latvia to Madagascar money transfer comparison below.

Latvia to Madagascar money transfer providers that matched the search criteria

REMITLY
Read more about Remitly
(*)★★ (*)★★ (*)★★ (*)★★ ( )★★
1000 EUR =
4 839 860.00 MGA
Transfer Limit (EUR): 0 - 20000
Locked-In Rate1 EUR = 4,839.8600 MGA

📢 Special exchange rate applied for first transfer
airwallex
Read more about Airwallex
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 EUR =
4 763 474.10 MGA
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 4,763.4741 MGA

📢 B2B transfers only
XEMONEYTX
Read more about XE Money Transfer
(*)★★ (*)★★ (*)★★ ( )★★ ( )★★
1000 EUR =
4 735 443.90 MGA
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 4,735.4439 MGA

📢 New! Cash pickup available
WORLDREMIT
Read more about WorldRemit
(*)★★ (*)★★ (*)★★ (*)★★ ( )★★
1000 EUR =
4 715 479.50 MGA
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 4,715.4795 MGA
Get 3 free transfers
Refer a friend to earn EUR 25

📢 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 Latvia today

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

RemitFinder compared 4 providers for Latvia 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 Latvia

🥇 Remitly with 1 EUR = 4,839.8600 MGA (best EUR to MGA exchange rate today).

🥈 Airwallex offering 1 EUR = 4,763.4741 MGA.

🥉 XE Money Transfer & WorldRemit are also providing good FX rate today.

The 4 providers compared today offer exchange rates from MGA 4,715.4795 to MGA 4,839.8600. On a EUR 1000 transfer from Latvia to Madagascar, that spread means up to MGA 124,380.50 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 Latvia.



Latest Exchange Rates for Sending Money to Madagascar from Latvia

Here are some latest EUR to MGA (Euro to Malagasy Ariary) exchange rates for popular conversion amounts*.

1 EUR4,863.21 MGA
5 EUR24,316.06 MGA
10 EUR48,632.12 MGA
25 EUR121,580.29 MGA
50 EUR243,160.58 MGA
100 EUR486,321.15 MGA
150 EUR729,481.73 MGA
200 EUR972,642.30 MGA
250 EUR1,215,802.88 MGA
300 EUR1,458,963.45 MGA
400 EUR1,945,284.60 MGA
500 EUR2,431,605.75 MGA
600 EUR2,917,926.90 MGA
700 EUR3,404,248.05 MGA
800 EUR3,890,569.20 MGA
1000 EUR4,863,211.50 MGA
1500 EUR7,294,817.25 MGA
2000 EUR9,726,423.00 MGA
2500 EUR12,158,028.75 MGA
3000 EUR14,589,634.50 MGA
4000 EUR19,452,846.00 MGA
5000 EUR24,316,057.50 MGA
10000 EUR48,632,115.00 MGA
15000 EUR72,948,172.50 MGA
20000 EUR97,264,230.00 MGA
30000 EUR145,896,345.00 MGA
40000 EUR194,528,460.00 MGA
50000 EUR243,160,575.00 MGA
100000 EUR486,321,150.00 MGA

*Based on the Mid-market Exchange Rateⓘ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.. Actual payout may vary based on the chosen money transfer provider.


What is the best way to transfer money from Latvia to Madagascar?

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

We compare different remittance companies to bring you the best options to send money to Madagascar from Latvia. These trusted partners offer you their best EUR 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 Euro to Malagasy Ariary money transfers.


How to get the best EUR to MGA transfer 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 Latvia. 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 Latvia to Madagascar corridor.


What is the cheapest way for sending money to Madagascar from Latvia?

One key areas to watch out for is hidden fees when sending money to Madagascar from Latvia. For instance, if you send money to Madagascar using your bank, you will pay high fees. You may also not get the best exchange rate on your Malagasy Ariary FX transaction.

RemitFinder partners with many money transfer companies to ensure you get the best EUR to Madagascar exchange rate. The more choices you have, the better it is.

Our partners also provide our customers with many exclusive offers and promo codes which further reduce your cost to send money to Madagascar from Latvia.


How to transfer money to Madagascar from Latvia through a bank?

Banks in Latvia are known to make a lot of money by charging high fees (as high as USD 35-50, or currency equivalent) on Madagascar money transfers from Latvia. Do not get ripped off by paying exorbitant fees on your next transfer. In addition to charging high fees, banks are also notorious for giving you a EUR to MGA exchange rate that may not be the best.

Use RemitFinder to compare money transfer operators with your bank's proposal to see the cheapest option to send money to Madagascar from Latvia.

Do not let the convenience of using your local bank prevent you from doing full due diligence to find the best and cheapest ways to send money from Latvia to Madagascar.


What is the fastest way to transfer money from Latvia to Madagascar?

If you need to convert money from EUR to MGA quickly, compare providers to see which ones can meet your timing needs. Once you identify the right provider, it is easy to send money.

The harder part might be how to identify which providers can execute fast transfers from Euro to Malagasy Ariary.

Whilst every provider is different, there are some general guidelines that will help send money fast - for example, how you fund your transfer, how your recipient gets the money, or ongoing bank holidays.

To demystify the Latvia to Madagascar remittance process, you can study our detailed guide to money transfers. Awareness of the ins and outs of money transfers will help find fastest possible choices to send money to Madagascar from Latvia.


Which are the best money transfer companies to send money from Latvia to Madagascar?

Since the Euro to Malagasy Ariary money transfer space has so many players, selecting the right company might not be easy.

RemitFinder can help you to chart a path forward. Choose your source and destination countries, and compare numerous providers with an easy to follow comparison table.

To further decrease the cost of your EUR to MGA money transfers, we also have exclusive promo codes from various providers. This will increase the final amount your recipient in Madagascar gets. Make sure look at available deals as you select the best provider for your next Latvia to Madagascar money transfer.


Step by step guide to remit money to Madagascar from Latvia

The first step in sending money to Madagascar from Latvia is to select a money transfer provider that suits your needs. You can use RemitFinder's comparison tool to compare choices.

Once you have chosen a provider, follow these steps to make your EUR to MGA money transfer.

  • Click through to the provider's site and register an account.
  • Provide information and documentation that the provider may need for compliance and regulatory checks.
  • Add recipient information including their payout info like bank account in Madagascar.
  • Enter your transfer amount, and initiate the transfer.
  • Pay for your transfer via your Latvia bank account or other methods like a Debit Card.
  • Your provider should process the transfer to Madagascar.

The provider will notify you of the progress on your transfer. Many companies also have mobile apps; you can use that to track the real time status of your transfer from Latvia to Madagascar.