Compare today's MGA to MDL (Malagasy Ariary to Moldovan Leu) exchange rates
Interbank Exchange Rate: 1 MGA = 0.0038 MDL
Updated about an hour ago
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All you need to know about Malagasy Ariary to Moldovan Leu money transfers
Easily compare money transfer providers in one place to send money from Madagascar to Moldova. Send money overseas to your loved ones by comparing Malagasy Ariary (MGA) to Moldovan Leu (MDL) 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 MDL Conversion Rates
Here are some latest MGA to MDL (Malagasy Ariary to Moldovan Leu) exchange rates for popular conversion amounts*.
| 1 MGA | 0.00 MDL |
| 5 MGA | 0.02 MDL |
| 10 MGA | 0.04 MDL |
| 25 MGA | 0.10 MDL |
| 50 MGA | 0.19 MDL |
| 100 MGA | 0.38 MDL |
| 150 MGA | 0.57 MDL |
| 200 MGA | 0.76 MDL |
| 250 MGA | 0.95 MDL |
| 300 MGA | 1.14 MDL |
| 400 MGA | 1.52 MDL |
| 500 MGA | 1.90 MDL |
| 600 MGA | 2.28 MDL |
| 700 MGA | 2.66 MDL |
| 800 MGA | 3.04 MDL |
| 1,000 MGA | 3.80 MDL |
| 1,500 MGA | 5.70 MDL |
| 2,000 MGA | 7.60 MDL |
| 2,500 MGA | 9.50 MDL |
| 3,000 MGA | 11.40 MDL |
| 4,000 MGA | 15.20 MDL |
| 5,000 MGA | 19.00 MDL |
| 10,000 MGA | 38.00 MDL |
| 15,000 MGA | 57.00 MDL |
| 20,000 MGA | 76.00 MDL |
| 30,000 MGA | 114.00 MDL |
| 40,000 MGA | 152.00 MDL |
| 50,000 MGA | 190.00 MDL |
| 100,000 MGA | 380.00 MDL |
*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 Moldova from Madagascar?
There are many good choices when it comes to sending money from Madagascar to Moldova. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Malagasy Ariary to MDL money transfers.We compare different remittance companies to bring you the best options to send money to Moldova from Madagascar. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.
Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Malagasy Ariary to Moldovan Leu money transfers. You can take advantage of these deals and make the most of your hard earned money.
How to get the best rate to transfer money to Moldova from Madagascar?
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 Moldova 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 Moldovan Leu 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 Moldovan Leu 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 Moldova?
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 Moldova 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 Moldovan Leu 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 Moldova 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 MDL remittances.
How to send money from Madagascar to Moldova through a bank?
Bank transfers have been a traditionally popular way to send money overseas from Madagascar to Moldova. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the MGA to MDL exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.
We, therefore, recommend that before you use your Madagascar bank for your Moldova money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.
What is the fastest way to transfer money from Madagascar to Moldova?
It could be a stressful experience if you need to rush money quickly from Madagascar to Moldova. 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 MDL. 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 Moldovan Leu. 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 Moldova money transfers.
Which are the best money transfer companies to send money from Madagascar to Moldova?
The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Madagascar to Moldova, we can help you in choosing the best provider.There are several key points you would want to check for; these include, but are not limited to, the best Malagasy Ariary to Moldovan Leu exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.
After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your MDL money transfers to Moldova. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.
Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Moldova getting more money for every Malagasy Ariary you send.
Step by step guide to send money from Madagascar to Moldova
Follow the below easy steps to send money to Moldova 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 Moldova).
- 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.