Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's MGA to XCD (Malagasy Ariary to East Caribbean Dollar) exchange rates

Madagascar
Saint Lucia
MGA

Interbank Exchange Rate: 1 MGA = 0.0006 XCD
Updated about an hour ago

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All you need to know about Malagasy Ariary to East Caribbean Dollar money transfers

Easily compare money transfer providers in one place to send money from Madagascar to Saint Lucia. Send money overseas to your loved ones by comparing Malagasy Ariary (MGA) to East Caribbean Dollar (XCD) 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 Lucia 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 XCD Conversion Rates

Here are some latest MGA to XCD (Malagasy Ariary to East Caribbean Dollar) exchange rates for popular conversion amounts*.

1 MGA0.00 XCD
5 MGA0.00 XCD
10 MGA0.01 XCD
25 MGA0.02 XCD
50 MGA0.03 XCD
100 MGA0.06 XCD
150 MGA0.09 XCD
200 MGA0.12 XCD
250 MGA0.15 XCD
300 MGA0.18 XCD
400 MGA0.24 XCD
500 MGA0.30 XCD
600 MGA0.36 XCD
700 MGA0.42 XCD
800 MGA0.48 XCD
1,000 MGA0.60 XCD
1,500 MGA0.90 XCD
2,000 MGA1.20 XCD
2,500 MGA1.50 XCD
3,000 MGA1.80 XCD
4,000 MGA2.40 XCD
5,000 MGA3.00 XCD
10,000 MGA6.00 XCD
15,000 MGA9.00 XCD
20,000 MGA12.00 XCD
30,000 MGA18.00 XCD
40,000 MGA24.00 XCD
50,000 MGA30.00 XCD
100,000 MGA60.00 XCD

*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 Saint Lucia?

It can be very confusing when sending money from Madagascar to Saint Lucia given so many choices. Additionally, Malagasy Ariary to XCD 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 Saint Lucia 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 Saint Lucia 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 East Caribbean Dollar remittances.


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

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 Saint Lucia 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 East Caribbean Dollar 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 East Caribbean Dollar exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


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

Finding the cheapest way to send money from Madagascar to Saint Lucia might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer MGA to XCD via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Madagascar to Saint Lucia exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


How to send money to Saint Lucia 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 XCD 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 Saint Lucia 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 Saint Lucia 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 Saint Lucia. 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 Saint Lucia?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Madagascar to Saint Lucia. 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 XCD 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 Lucia. 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 East Caribbean Dollar quickly to Saint Lucia, 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 transfer money to Saint Lucia from Madagascar?

Since the Malagasy Ariary to East Caribbean Dollar 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 Saint Lucia. 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 XCD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Saint Lucia 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 Saint Lucia transaction.


Step by step guide to send money to Saint Lucia from Madagascar

Follow the below easy steps to send money to Saint Lucia 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 Saint Lucia).
  • 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.

The provider will then work on your MGA to XCD remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your 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.