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Compare today's MGA to AOA (Malagasy Ariary to Angolan Kwanza) exchange rates

Madagascar
Angola
MGA

Interbank Exchange Rate: 1 MGA = 0.2061 AOA
Updated about an hour ago

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All you need to know about Malagasy Ariary to Angolan Kwanza money transfers

Easily compare money transfer providers in one place to send money from Madagascar to Angola. Send money overseas to your loved ones by comparing Malagasy Ariary (MGA) to Angolan Kwanza (AOA) 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 Madagascar.

Were you looking to send money from Angola to Madagascar instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest MGA to AOA Conversion Rates

Here are some latest MGA to AOA (Malagasy Ariary to Angolan Kwanza) exchange rates for popular conversion amounts*.

1 MGA0.21 AOA
5 MGA1.03 AOA
10 MGA2.06 AOA
25 MGA5.15 AOA
50 MGA10.31 AOA
100 MGA20.61 AOA
150 MGA30.92 AOA
200 MGA41.22 AOA
250 MGA51.53 AOA
300 MGA61.83 AOA
400 MGA82.44 AOA
500 MGA103.05 AOA
600 MGA123.66 AOA
700 MGA144.27 AOA
800 MGA164.88 AOA
1,000 MGA206.10 AOA
1,500 MGA309.15 AOA
2,000 MGA412.20 AOA
2,500 MGA515.25 AOA
3,000 MGA618.30 AOA
4,000 MGA824.40 AOA
5,000 MGA1,030.50 AOA
10,000 MGA2,061.00 AOA
15,000 MGA3,091.50 AOA
20,000 MGA4,122.00 AOA
30,000 MGA6,183.00 AOA
40,000 MGA8,244.00 AOA
50,000 MGA10,305.00 AOA
100,000 MGA20,610.00 AOA

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Madagascar to Angola?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Madagascar to Angola. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Malagasy Ariary to AOA.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send MGA to AOA in Angola. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Angola from Madagascar. We provide you with maximum choices to send money to Angola by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Angola from Madagascar?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Angola from Madagascar.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MGA to Angolan Kwanza remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for MGA to AOA remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way for transferring money to Angola from Madagascar?

When you want to send money to Angola from Madagascar, you obviously want the cheapest possible option to maximize the money your recipient gets in Angolan Kwanza. 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 MGA to AOA 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 Madagascar to Angola. 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 Madagascar to Angola 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 Angolan Kwanza overseas.


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

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Madagascar to Angola money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like MGA to AOA transfers.

Given this, there are umpteen additional options to send money to Angola instead of just your Madagascar bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Malagasy Ariary even more so that your recipient in Angola gets the maximum amount.


How to send money to Angola from Madagascar fast?

The first thing to do when you need to convert MGA to AOA quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Malagasy Ariary and Angolan Kwanza. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Madagascar to Angola remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Angola.


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

Comparing money transfer companies for sending money to Angola from Madagascar can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Angola. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Malagasy Ariary to Angolan Kwanza transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Angolan Kwanza yield on every Malagasy Ariary that you send.


Step by step guide to transfer money to Angola from Madagascar

There are many important aspects of Madagascar to Angola 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 - Madagascar 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 AOA 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 Malagasy Ariary amount you want to send from Madagascar.
  • 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.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Angola to validate that they get the money once the transaction clears.