Compare today's MGA to LBP (Malagasy Ariary to Lebanese Pound) exchange rates
Interbank Exchange Rate: 1 MGA = 20.2124 LBP
Updated about an hour ago
Found 0 Remittance Service Providers
0 Remit Service Providers did not match the search criteria.
All you need to know about Malagasy Ariary to Lebanese Pound money transfers
Easily compare money transfer providers in one place to send money from Madagascar to Lebanon. Send money overseas to your loved ones by comparing Malagasy Ariary (MGA) to Lebanese Pound (LBP) 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 Lebanon 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 LBP Conversion Rates
Here are some latest MGA to LBP (Malagasy Ariary to Lebanese Pound) exchange rates for popular conversion amounts*.
| 1 MGA | 20.21 LBP |
| 5 MGA | 101.06 LBP |
| 10 MGA | 202.12 LBP |
| 25 MGA | 505.31 LBP |
| 50 MGA | 1,010.62 LBP |
| 100 MGA | 2,021.24 LBP |
| 150 MGA | 3,031.86 LBP |
| 200 MGA | 4,042.48 LBP |
| 250 MGA | 5,053.10 LBP |
| 300 MGA | 6,063.72 LBP |
| 400 MGA | 8,084.96 LBP |
| 500 MGA | 10,106.20 LBP |
| 600 MGA | 12,127.44 LBP |
| 700 MGA | 14,148.68 LBP |
| 800 MGA | 16,169.92 LBP |
| 1,000 MGA | 20,212.40 LBP |
| 1,500 MGA | 30,318.60 LBP |
| 2,000 MGA | 40,424.80 LBP |
| 2,500 MGA | 50,531.00 LBP |
| 3,000 MGA | 60,637.20 LBP |
| 4,000 MGA | 80,849.60 LBP |
| 5,000 MGA | 101,062.00 LBP |
| 10,000 MGA | 202,124.00 LBP |
| 15,000 MGA | 303,186.00 LBP |
| 20,000 MGA | 404,248.00 LBP |
| 30,000 MGA | 606,372.00 LBP |
| 40,000 MGA | 808,496.00 LBP |
| 50,000 MGA | 1,010,620.00 LBP |
| 100,000 MGA | 2,021,240.00 LBP |
*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 from Madagascar to Lebanon?
It can be very confusing when sending money from Madagascar to Lebanon given so many choices. Additionally, Malagasy Ariary to LBP 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 Lebanon 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 Lebanon 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 Lebanese Pound remittances.
How to get the best remit rate for transferring money from Madagascar to Lebanon?
With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Madagascar to Lebanon transfers.RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your MGA to Lebanese Pound international money transfers.
To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Malagasy Ariary to Lebanese Pound exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.
What's the cheapest way to send money from Madagascar to Lebanon?
While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Madagascar to Lebanon via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.A sure way to find the most cost effective way for Malagasy Ariary to Lebanese Pound remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.
Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Madagascar to Lebanon exchange rate.
Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for MGA to LBP remittances.
How to send money to Lebanon from Madagascar through a bank?
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 LBP 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 Lebanon 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 Lebanon 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 Lebanon. But, you are likely to get much better rates and lower fees compared to your bank.
How to send money to Lebanon from Madagascar fast?
The speed of your Malagasy Ariary to Lebanese Pound funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert MGA to LBP. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.
One possible approach that will help you send money fast to Lebanon from Madagascar is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Lebanon if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.
One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout LBP into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Madagascar bank to Lebanon bank transfer.
Which are the best money transfer companies to transfer money from Madagascar to Lebanon?
Since the Malagasy Ariary to Lebanese Pound 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 Lebanon. 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 LBP money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Lebanon 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 Lebanon transaction.
Step by step guide to transfer money to Lebanon from Madagascar
Follow the below easy steps to send money to Lebanon from Madagascar.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Madagascar bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Lebanon).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.