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Compare today's MGA to SHP (Malagasy Ariary to Saint Helena Pound) exchange rates

Madagascar
Saint Helena
MGA

Interbank Exchange Rate: 1 MGA = 0.0002 SHP
Updated about an hour ago

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All you need to know about Malagasy Ariary to Saint Helena Pound money transfers

Easily compare money transfer providers in one place to send money from Madagascar to Saint Helena. Send money overseas to your loved ones by comparing Malagasy Ariary (MGA) to Saint Helena Pound (SHP) 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 Saint Helena 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 SHP Conversion Rates

Here are some latest MGA to SHP (Malagasy Ariary to Saint Helena Pound) exchange rates for popular conversion amounts*.

1 MGA0.00 SHP
5 MGA0.00 SHP
10 MGA0.00 SHP
25 MGA0.01 SHP
50 MGA0.01 SHP
100 MGA0.02 SHP
150 MGA0.03 SHP
200 MGA0.04 SHP
250 MGA0.05 SHP
300 MGA0.06 SHP
400 MGA0.08 SHP
500 MGA0.10 SHP
600 MGA0.12 SHP
700 MGA0.14 SHP
800 MGA0.16 SHP
1,000 MGA0.20 SHP
1,500 MGA0.30 SHP
2,000 MGA0.40 SHP
2,500 MGA0.50 SHP
3,000 MGA0.60 SHP
4,000 MGA0.80 SHP
5,000 MGA1.00 SHP
10,000 MGA2.00 SHP
15,000 MGA3.00 SHP
20,000 MGA4.00 SHP
30,000 MGA6.00 SHP
40,000 MGA8.00 SHP
50,000 MGA10.00 SHP
100,000 MGA20.00 SHP

*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 Saint Helena from Madagascar?

Sending money internationally to Saint Helena 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 SHP 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 Saint Helena. 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 Saint Helena Pound.


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

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 Saint Helena from Madagascar.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MGA to Saint Helena Pound 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 SHP 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 Saint Helena?

One of the most important things to watch out for is hidden fees when sending money to Saint Helena from Madagascar. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Saint Helena using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Saint Helena Pound foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MGA to Saint Helena exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Saint Helena from Madagascar.


How to send money from Madagascar to Saint Helena through a bank?

Big banks in Madagascar are known to make a lot of money by charging high fees on Saint Helena 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 SHP 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 Saint Helena. 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 Saint Helena. You work hard for your money, so you should also ensure you get the maximum yield when you send SHP overseas.


What is the fastest way to transfer money from Madagascar to Saint Helena?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Madagascar to Saint Helena. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert MGA to SHP fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Malagasy Ariary amount reaching Saint Helena. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Saint Helena Pound quickly to Saint Helena, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


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

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 Saint Helena, 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 Saint Helena Pound 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 SHP money transfers to Saint Helena. 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 Saint Helena getting more money for every Malagasy Ariary you send.


Step by step guide to transfer money to Saint Helena from Madagascar

The first step to send money to Saint Helena 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 SHP 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 Saint Helena 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 Saint Helena!

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 Saint Helena.