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

Compare today's MGA to USD (Malagasy Ariary to US Dollar) exchange rates

Madagascar
Guam
MGA

Interbank Exchange Rate: 1 MGA = 0.0006 USD
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Malagasy Ariary to US Dollar money transfers

Easily compare money transfer providers in one place to send money from Madagascar to Guam. Send money overseas to your loved ones by comparing Malagasy Ariary (MGA) to US Dollar (USD) 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 Guam 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 USD Conversion Rates

Here are some latest MGA to USD (Malagasy Ariary to US Dollar) exchange rates for popular conversion amounts*.

1 MGA0.00 USD
5 MGA0.00 USD
10 MGA0.01 USD
25 MGA0.02 USD
50 MGA0.03 USD
100 MGA0.06 USD
150 MGA0.09 USD
200 MGA0.12 USD
250 MGA0.15 USD
300 MGA0.18 USD
400 MGA0.24 USD
500 MGA0.30 USD
600 MGA0.36 USD
700 MGA0.42 USD
800 MGA0.48 USD
1,000 MGA0.60 USD
1,500 MGA0.90 USD
2,000 MGA1.20 USD
2,500 MGA1.50 USD
3,000 MGA1.80 USD
4,000 MGA2.40 USD
5,000 MGA3.00 USD
10,000 MGA6.00 USD
15,000 MGA9.00 USD
20,000 MGA12.00 USD
30,000 MGA18.00 USD
40,000 MGA24.00 USD
50,000 MGA30.00 USD
100,000 MGA60.00 USD

*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 Guam from Madagascar?

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 Guam. 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 USD.

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 USD in Guam. 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 Guam from Madagascar. We provide you with maximum choices to send money to Guam by comparing competing money transfer companies thereby making you the winner in the end.


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

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Guam 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 United States Dollar 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 Guam corridor to give you more good choices for your next USD 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 Guam from Madagascar?

When you want to send money to Guam from Madagascar, you obviously want the cheapest possible option to maximize the money your recipient gets in United States Dollar. 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 USD 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 Guam. 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 Guam 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 United States Dollar overseas.


Should I use my bank to send money from Madagascar to Guam?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low MGA to USD exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Madagascar to Guam money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Guam from Madagascar. They do this by letting you fund your transaction through your local bank account in Madagascar, and by allowing you to choose the payout to be your recipient's bank account in Guam. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Madagascar to Guam fast?

It could be a stressful experience if you need to rush money quickly from Madagascar to Guam. 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 USD. 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 United States Dollar. 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 Guam money transfers.


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

The first step in selecting the best money transfer operators for Madagascar to Guam 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 United States Dollar 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 Guam.


Step by step guide to send money to Guam from Madagascar

With so many possible ways to transfer Malagasy Ariary to United States Dollar, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Madagascar to Guam remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Madagascar and the receiver in Guam. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator 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 MGA to United States Dollar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.