Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's MGA to KHR (Malagasy Ariary to Cambodian Riel) exchange rates

Madagascar
Cambodia
MGA

Interbank Exchange Rate: 1 MGA = 0.9112 KHR
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Malagasy Ariary to Cambodian Riel money transfers

Easily compare money transfer providers in one place to send money from Madagascar to Cambodia. Send money overseas to your loved ones by comparing Malagasy Ariary (MGA) to Cambodian Riel (KHR) 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 Cambodia 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 KHR Conversion Rates

Here are some latest MGA to KHR (Malagasy Ariary to Cambodian Riel) exchange rates for popular conversion amounts*.

1 MGA0.91 KHR
5 MGA4.56 KHR
10 MGA9.11 KHR
25 MGA22.78 KHR
50 MGA45.56 KHR
100 MGA91.12 KHR
150 MGA136.68 KHR
200 MGA182.24 KHR
250 MGA227.80 KHR
300 MGA273.36 KHR
400 MGA364.48 KHR
500 MGA455.60 KHR
600 MGA546.72 KHR
700 MGA637.84 KHR
800 MGA728.96 KHR
1,000 MGA911.20 KHR
1,500 MGA1,366.80 KHR
2,000 MGA1,822.40 KHR
2,500 MGA2,278.00 KHR
3,000 MGA2,733.60 KHR
4,000 MGA3,644.80 KHR
5,000 MGA4,556.00 KHR
10,000 MGA9,112.00 KHR
15,000 MGA13,668.00 KHR
20,000 MGA18,224.00 KHR
30,000 MGA27,336.00 KHR
40,000 MGA36,448.00 KHR
50,000 MGA45,560.00 KHR
100,000 MGA91,120.00 KHR

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


What's the best way to send money to Cambodia from Madagascar?

It can be very confusing when sending money from Madagascar to Cambodia given so many choices. Additionally, Malagasy Ariary to KHR exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Madagascar to Cambodia as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Cambodia from Madagascar. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Malagasy Ariary to Cambodian Riel remittances.


How to get the best exchange rate for sending money from Madagascar to Cambodia?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your MGA to Cambodian Riel money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Madagascar to Cambodia. We carefully select providers to give you the best choices for sending money internationally.

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


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

One of the most important things to watch out for is hidden fees when sending money to Cambodia from Madagascar. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Cambodia using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Cambodian Riel foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MGA to Cambodia exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Cambodia from Madagascar.


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

Big banks in Madagascar are known to make a lot of money by charging high fees on Cambodia money transfers from Madagascar. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a MGA to KHR exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Cambodia. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Madagascar to Cambodia. You work hard for your money, so you should also ensure you get the maximum yield when you send KHR overseas.


How to send money to Cambodia from Madagascar fast?

It could be a stressful experience if you need to rush money quickly from Madagascar to Cambodia. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert MGA to KHR. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Cambodian Riel. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Madagascar to Cambodia money transfers.


Which are the best money transfer companies to transfer money to Cambodia from Madagascar?

Since the Malagasy Ariary to Cambodian Riel money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Madagascar that may also be able to send money to Cambodia. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your MGA to KHR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Cambodia gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Madagascar to Cambodia transaction.


Step by step guide to do a money transfer from Madagascar to Cambodia

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Madagascar to Cambodia, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Madagascar to Cambodia that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Cambodia where they can receive monies in Cambodian Riel.
  • Then, provide details of your Madagascar bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your MGA travel to another part of the globe.