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Compare today's MGA to MRO (Malagasy Ariary to Mauritanian Ouguiya) exchange rates

Madagascar
Mauritania
MGA

Interbank Exchange Rate: 1 MGA = 0.0904 MRO
Updated over 24 hours ago

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All you need to know about Malagasy Ariary to Mauritanian Ouguiya money transfers

Easily compare money transfer providers in one place to send money from Madagascar to Mauritania. Send money overseas to your loved ones by comparing Malagasy Ariary (MGA) to Mauritanian Ouguiya (MRO) 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 Mauritania 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 MRO Conversion Rates

Here are some latest MGA to MRO (Malagasy Ariary to Mauritanian Ouguiya) exchange rates for popular conversion amounts*.

1 MGA0.09 MRO
5 MGA0.45 MRO
10 MGA0.90 MRO
25 MGA2.26 MRO
50 MGA4.52 MRO
100 MGA9.04 MRO
150 MGA13.56 MRO
200 MGA18.08 MRO
250 MGA22.60 MRO
300 MGA27.12 MRO
400 MGA36.16 MRO
500 MGA45.20 MRO
600 MGA54.24 MRO
700 MGA63.28 MRO
800 MGA72.32 MRO
1,000 MGA90.40 MRO
1,500 MGA135.60 MRO
2,000 MGA180.80 MRO
2,500 MGA226.00 MRO
3,000 MGA271.20 MRO
4,000 MGA361.60 MRO
5,000 MGA452.00 MRO
10,000 MGA904.00 MRO
15,000 MGA1,356.00 MRO
20,000 MGA1,808.00 MRO
30,000 MGA2,712.00 MRO
40,000 MGA3,616.00 MRO
50,000 MGA4,520.00 MRO
100,000 MGA9,040.00 MRO

*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 Mauritania money transfers?

It can be very confusing when sending money from Madagascar to Mauritania given so many choices. Additionally, Malagasy Ariary to MRO 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 Mauritania 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 Mauritania 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 Mauritanian Ouguiya remittances.


How to get the best remit rate for transferring money from Madagascar to Mauritania?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Mauritania 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 Mauritanian Ouguiya 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 Mauritania corridor to give you more good choices for your next MRO 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 Mauritania from Madagascar?

The final amount your recipient gets when you send MGA to MRO 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 Mauritania 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 Mauritanian Ouguiya 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 Mauritania 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 Mauritania?

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 MRO 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 Mauritania 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 Mauritania 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 Mauritania. But, you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to transfer money from Madagascar to Mauritania?

It could be a stressful experience if you need to rush money quickly from Madagascar to Mauritania. 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 MRO. 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 Mauritanian Ouguiya. 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 Mauritania money transfers.


Which are the best money transfer companies to send money from Madagascar to Mauritania?

Madagascar to Mauritania money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Mauritania as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Malagasy Ariary to Mauritanian Ouguiya money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to transfer money to Mauritania from Madagascar

With so many possible ways to transfer Malagasy Ariary to Mauritanian Ouguiya, 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 Mauritania 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 Mauritania. 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 Mauritanian Ouguiya money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.