Compare today's MGA to CNY (Malagasy Ariary to Chinese Yuan) exchange rates
Interbank Exchange Rate: 1 MGA = 0.0015 CNY
Updated about an hour ago
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All you need to know about Malagasy Ariary to Chinese Yuan money transfers
Easily compare money transfer providers in one place to send money from Madagascar to China. Send money overseas to your loved ones by comparing Malagasy Ariary (MGA) to Chinese Yuan (CNY) 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.
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Latest MGA to CNY Conversion Rates
Here are some latest MGA to CNY (Malagasy Ariary to Chinese Yuan) exchange rates for popular conversion amounts*.
| 1 MGA | 0.00 CNY |
| 5 MGA | 0.01 CNY |
| 10 MGA | 0.02 CNY |
| 25 MGA | 0.04 CNY |
| 50 MGA | 0.08 CNY |
| 100 MGA | 0.15 CNY |
| 150 MGA | 0.23 CNY |
| 200 MGA | 0.30 CNY |
| 250 MGA | 0.38 CNY |
| 300 MGA | 0.45 CNY |
| 400 MGA | 0.60 CNY |
| 500 MGA | 0.75 CNY |
| 600 MGA | 0.90 CNY |
| 700 MGA | 1.05 CNY |
| 800 MGA | 1.20 CNY |
| 1,000 MGA | 1.50 CNY |
| 1,500 MGA | 2.25 CNY |
| 2,000 MGA | 3.00 CNY |
| 2,500 MGA | 3.75 CNY |
| 3,000 MGA | 4.50 CNY |
| 4,000 MGA | 6.00 CNY |
| 5,000 MGA | 7.50 CNY |
| 10,000 MGA | 15.00 CNY |
| 15,000 MGA | 22.50 CNY |
| 20,000 MGA | 30.00 CNY |
| 30,000 MGA | 45.00 CNY |
| 40,000 MGA | 60.00 CNY |
| 50,000 MGA | 75.00 CNY |
| 100,000 MGA | 150.00 CNY |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to do Madagascar to China money transfers?
There are many good choices when it comes to sending money from Madagascar to China. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Malagasy Ariary to CNY money transfers.We compare different remittance companies to bring you the best options to send money to China from Madagascar. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.
Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Malagasy Ariary to Chinese Yuan money transfers. You can take advantage of these deals and make the most of your hard earned money.
How to get the best rate to transfer money to China from Madagascar?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to China from Madagascar. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.One way you could eliminate the manual work to search and compare providers for your MGA to Chinese Yuan money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.
We are also constantly adding new partners for the Madagascar to China corridor to give you more good choices for your next CNY money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way to send money to China from Madagascar?
When you want to send money to China from Madagascar, you obviously want the cheapest possible option to maximize the money your recipient gets in Chinese Yuan. 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 CNY 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 China. 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 China 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 Chinese Yuan overseas.
How to send money to China 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 China 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 CNY transfers.
Given this, there are umpteen additional options to send money to China 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 China gets the maximum amount.
How to send money to China from Madagascar fast?
It could be a stressful experience if you need to rush money quickly from Madagascar to China. 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 CNY. 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 Chinese Yuan. 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 China money transfers.
Which are the best money transfer companies to transfer money from Madagascar to China?
The first step in selecting the best money transfer operators for Madagascar to China remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.
Another factor that may help you decide which provider to go with would be any coupons and deals available for Malagasy Ariary to Chinese Yuan money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to China.
Step by step guide to send money to China from Madagascar
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 China, 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 China 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 China where they can receive monies in Chinese Yuan.
- 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.