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Compare today's MGA to KZT (Malagasy Ariary to Kazakhstani Tenge) exchange rates

Madagascar
Kazakhstan
MGA

Interbank Exchange Rate: 1 MGA = 0.1120 KZT
Updated about an hour ago

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All you need to know about Malagasy Ariary to Kazakhstani Tenge money transfers

Easily compare money transfer providers in one place to send money from Madagascar to Kazakhstan. Send money overseas to your loved ones by comparing Malagasy Ariary (MGA) to Kazakhstani Tenge (KZT) 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.

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Latest MGA to KZT Conversion Rates

Here are some latest MGA to KZT (Malagasy Ariary to Kazakhstani Tenge) exchange rates for popular conversion amounts*.

1 MGA0.11 KZT
5 MGA0.56 KZT
10 MGA1.12 KZT
25 MGA2.80 KZT
50 MGA5.60 KZT
100 MGA11.20 KZT
150 MGA16.80 KZT
200 MGA22.40 KZT
250 MGA28.00 KZT
300 MGA33.60 KZT
400 MGA44.80 KZT
500 MGA56.00 KZT
600 MGA67.20 KZT
700 MGA78.40 KZT
800 MGA89.60 KZT
1,000 MGA112.00 KZT
1,500 MGA168.00 KZT
2,000 MGA224.00 KZT
2,500 MGA280.00 KZT
3,000 MGA336.00 KZT
4,000 MGA448.00 KZT
5,000 MGA560.00 KZT
10,000 MGA1,120.00 KZT
15,000 MGA1,680.00 KZT
20,000 MGA2,240.00 KZT
30,000 MGA3,360.00 KZT
40,000 MGA4,480.00 KZT
50,000 MGA5,600.00 KZT
100,000 MGA11,200.00 KZT

*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 Kazakhstan?

With the global remittance market booming, there are so many choices for Malagasy Ariary to KZT money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Kazakhstan from Madagascar. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final KZT amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for your money transfers from Madagascar to Kazakhstan?

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 Kazakhstan from Madagascar.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MGA to Kazakhstani Tenge 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 KZT 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 transfer money from Madagascar to Kazakhstan?

The final amount your recipient gets when you send MGA to KZT 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 Kazakhstan 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 Kazakhstani Tenge 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 Kazakhstan 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 send money from Madagascar to Kazakhstan?

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 Kazakhstan 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 KZT transfers.

Given this, there are umpteen additional options to send money to Kazakhstan 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 Kazakhstan gets the maximum amount.


What is the fastest way to do a money transfer to Kazakhstan from Madagascar?

If you need to convert MGA to KZT as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Madagascar to Kazakhstan could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Malagasy Ariary to Kazakhstani Tenge funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Kazakhstan.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Madagascar to Kazakhstan. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


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

The first step in selecting the best money transfer operators for Madagascar to Kazakhstan 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 Kazakhstani Tenge 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 Kazakhstan.


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

The first step to send money to Kazakhstan 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 KZT 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 Kazakhstan 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 Kazakhstan!

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 Kazakhstan.