Send money overseas with WorldRemit to take advantage of bank-beating exchange rates
Luxembourg
Madagascar
EUR

📈 Luxembourg to Madagascar Money Transfer Snapshot Today

  • Best EUR to MGA exchange rate today: MGA 4,763.4741, offered by Airwallex
  • Number of money transfer providers compared: 3
  • Exchange rate range: MGA 4,763.4741 to MGA 4,715.4795
  • Potential savings on EUR 1000: MGA 47,994.60
  • 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 Luxembourg to Madagascar money transfer comparison below.

Luxembourg to Madagascar money transfer providers that matched the search criteria

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 Luxembourg today

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

RemitFinder compared 3 providers for Luxembourg 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 Luxembourg

🥇 Airwallex with 1 EUR = 4,763.4741 MGA (best EUR to MGA exchange rate today).

🥈 XE Money Transfer offering 1 EUR = 4,735.4439 MGA.

🥉 WorldRemit is also pricing EUR-MGA competitively today.

The 3 providers compared today offer exchange rates from MGA 4,715.4795 to MGA 4,763.4741. On a EUR 1000 transfer from Luxembourg to Madagascar, that spread means up to MGA 47,994.60 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 Luxembourg.



Latest Exchange Rates for Sending Money to Madagascar from Luxembourg

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 to Madagascar from Luxembourg?

Sending money internationally to Madagascar from Luxembourg can be challenging given so many companies willing to move your money overseas.

To make this easier, RemitFinder compares exchange rates from various providers to bring you the best choices for your Euro to MGA money transfers.

These companies been vetted by our team to ensure you get access to safe, secure and reliable providers to send money to Madagascar from Luxembourg. Plus, you can take advantage of exclusive promo codes and deals so your loved ones back home get maximum MGA for every Euro you send.


How to get the best EUR to MGA transfer rate?

Euro to Malagasy Ariary exchange rates are constantly fluctuating. On top of that, there are many providers to choose from. This makes it hard for you to find the best ways to send money to Madagascar from Luxembourg.

At RemitFinder, we have tried to solve this exact problem - give you access to good choices for your EUR to Malagasy Ariary remittances. We compare numerous providers to ensure you can use the best possible service to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for EUR to MGA remittances. Our rate alert is free, and is a great way to save your precious time and make the most of your money.


What is the cheapest way to remit money from Luxembourg to Madagascar?

One key areas to watch out for is hidden fees when sending money to Madagascar from Luxembourg. 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 Luxembourg.


How to send money from Luxembourg to Madagascar through a bank?

A familiar way to send money overseas to Madagascar from Luxembourg is to rely on your bank. Whilst this is convenient, you should look at other options.

The global remittance ecosystem has a significant number of digital money transfer companies, especially for EUR to MGA transfers.

Nowadays, there are umpteen options to send money to Madagascar instead of just your Luxembourg bank. Money transfer companies usually have better exchange rates and lower fees as compared to banks. You could, thus, maximize the value of your Euro even more so your recipient in Madagascar gets more MGA.


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

Speed can be one of the key factors to consider when sending funds internationally from Luxembourg to Madagascar. This is especially true if you need to send money urgently.

To help you convert from EUR to MGA fast, we recommend reading our "all you need to know about remittances" guide. This will help you understand factors that affect transfer speed so you can choose the fastest providers.

If speed was the only factor to consider (for emergency needs), cash transfers may be your best bet - but carrying cash is risky.

Hopefully, you do not find yourself in a crisis where you have to rush Malagasy Ariary quickly to Madagascar, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


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

Finding the best money transfer companies for sending money to Madagascar from Luxembourg 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 Euro 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 Euro that you send.


Step by step guide to send money from Luxembourg to Madagascar

With so many choices to transfer from Euro to Malagasy Ariary, it can be difficult to pick the best provider. RemitFinder helps you compare companies and find the best one to move your funds abroad.

Once you have picked the right provider for your Luxembourg to Madagascar remittance, follow the below steps.

  • Create an account with your provider.
  • Provide info and documents needed by to ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Luxembourg and the receiver in Madagascar.
  • When you are ready, choose the amount and start your transaction.
  • At this point, the provider will take it on from here.
  • Watch out for updates on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your EUR to Malagasy Ariary money transfers. This way, you can pick whoever is the best at the time you want to send money abroad.