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Compare today's MGA to KMF (Malagasy Ariary to Comorian Franc) exchange rates

Madagascar
Comoros
MGA

Interbank Exchange Rate: 1 MGA = 0.0945 KMF
Updated about an hour ago

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All you need to know about Malagasy Ariary to Comorian Franc money transfers

Easily compare money transfer providers in one place to send money from Madagascar to Comoros. Send money overseas to your loved ones by comparing Malagasy Ariary (MGA) to Comorian Franc (KMF) 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 Comoros to Madagascar instead?

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Latest MGA to KMF Conversion Rates

Here are some latest MGA to KMF (Malagasy Ariary to Comorian Franc) exchange rates for popular conversion amounts*.

1 MGA0.09 KMF
5 MGA0.47 KMF
10 MGA0.95 KMF
25 MGA2.36 KMF
50 MGA4.73 KMF
100 MGA9.45 KMF
150 MGA14.18 KMF
200 MGA18.90 KMF
250 MGA23.63 KMF
300 MGA28.35 KMF
400 MGA37.80 KMF
500 MGA47.25 KMF
600 MGA56.70 KMF
700 MGA66.15 KMF
800 MGA75.60 KMF
1,000 MGA94.50 KMF
1,500 MGA141.75 KMF
2,000 MGA189.00 KMF
2,500 MGA236.25 KMF
3,000 MGA283.50 KMF
4,000 MGA378.00 KMF
5,000 MGA472.50 KMF
10,000 MGA945.00 KMF
15,000 MGA1,417.50 KMF
20,000 MGA1,890.00 KMF
30,000 MGA2,835.00 KMF
40,000 MGA3,780.00 KMF
50,000 MGA4,725.00 KMF
100,000 MGA9,450.00 KMF

*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 Comoros from Madagascar?

Sending money internationally to Comoros from Madagascar can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Malagasy Ariary to KMF remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Comoros. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Comorian Franc.


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

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 Comoros from Madagascar.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MGA to Comorian Franc 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 KMF 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 to send money to Comoros from Madagascar?

The final amount your recipient gets when you send MGA to KMF is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Madagascar to Comoros used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Comorian Franc is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Malagasy Ariary to Comoros exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


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

Big banks in Madagascar are known to make a lot of money by charging high fees on Comoros 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 KMF 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 Comoros. 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 Comoros. You work hard for your money, so you should also ensure you get the maximum yield when you send KMF overseas.


How to send money from Madagascar to Comoros fast?

The first thing to do when you need to convert MGA to KMF 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 Comorian Franc. 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 Comoros 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 Comoros.


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

Since the Malagasy Ariary to Comorian Franc 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 Comoros. 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 KMF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Comoros 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 Comoros transaction.


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

The first step to send money to Comoros from Madagascar is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your MGA to KMF overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Comoros if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Madagascar bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Comoros!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Madagascar to Comoros.