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Compare today's MGA to ILS (Malagasy Ariary to Israeli New Sheqel) exchange rates

Madagascar
Palestine
MGA

Interbank Exchange Rate: 1 MGA = 0.0008 ILS
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Malagasy Ariary to Israeli New Sheqel money transfers

Easily compare money transfer providers in one place to send money from Madagascar to Palestine. Send money overseas to your loved ones by comparing Malagasy Ariary (MGA) to Israeli New Sheqel (ILS) 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 Palestine 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 ILS Conversion Rates

Here are some latest MGA to ILS (Malagasy Ariary to Israeli New Sheqel) exchange rates for popular conversion amounts*.

1 MGA0.00 ILS
5 MGA0.00 ILS
10 MGA0.01 ILS
25 MGA0.02 ILS
50 MGA0.04 ILS
100 MGA0.08 ILS
150 MGA0.12 ILS
200 MGA0.16 ILS
250 MGA0.20 ILS
300 MGA0.24 ILS
400 MGA0.32 ILS
500 MGA0.40 ILS
600 MGA0.48 ILS
700 MGA0.56 ILS
800 MGA0.64 ILS
1,000 MGA0.80 ILS
1,500 MGA1.20 ILS
2,000 MGA1.60 ILS
2,500 MGA2.00 ILS
3,000 MGA2.40 ILS
4,000 MGA3.20 ILS
5,000 MGA4.00 ILS
10,000 MGA8.00 ILS
15,000 MGA12.00 ILS
20,000 MGA16.00 ILS
30,000 MGA24.00 ILS
40,000 MGA32.00 ILS
50,000 MGA40.00 ILS
100,000 MGA80.00 ILS

*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 Palestine?

Sending money internationally to Palestine from Madagascar can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Malagasy Ariary to ILS remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Palestine. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Israeli New Sheqel.


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

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Palestine.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Madagascar to Palestine transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your MGA to Israeli New Sheqel money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way for transferring money to Palestine from Madagascar?

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 Palestine 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 Israeli New Sheqel 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 Palestine 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 ILS remittances.


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

Big banks in Madagascar are known to make a lot of money by charging high fees on Palestine money transfers from Madagascar. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a MGA to ILS exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Palestine. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Madagascar to Palestine. You work hard for your money, so you should also ensure you get the maximum yield when you send ILS overseas.


How to send money from Madagascar to Palestine fast?

The speed of your Malagasy Ariary to Israeli New Sheqel 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 ILS. 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 Palestine 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 Palestine 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 ILS into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Madagascar bank to Palestine bank transfer.


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

Since the Malagasy Ariary to Israeli New Sheqel 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 Palestine. 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 ILS money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Palestine 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 Palestine transaction.


Step by step guide to send money to Palestine from Madagascar

There are many important aspects of Madagascar to Palestine remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Madagascar bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include ILS bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Malagasy Ariary amount you want to send from Madagascar.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Palestine to validate that they get the money once the transaction clears.