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Compare today's MGA to THB (Malagasy Ariary to Thai Baht) exchange rates

Madagascar
Thailand
MGA

Interbank Exchange Rate: 1 MGA = 0.0072 THB
Updated about an hour ago

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All you need to know about Malagasy Ariary to Thai Baht money transfers

Easily compare money transfer providers in one place to send money from Madagascar to Thailand. Send money overseas to your loved ones by comparing Malagasy Ariary (MGA) to Thai Baht (THB) 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 Thailand 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 THB Conversion Rates

Here are some latest MGA to THB (Malagasy Ariary to Thai Baht) exchange rates for popular conversion amounts*.

1 MGA0.01 THB
5 MGA0.04 THB
10 MGA0.07 THB
25 MGA0.18 THB
50 MGA0.36 THB
100 MGA0.72 THB
150 MGA1.08 THB
200 MGA1.44 THB
250 MGA1.80 THB
300 MGA2.16 THB
400 MGA2.88 THB
500 MGA3.60 THB
600 MGA4.32 THB
700 MGA5.04 THB
800 MGA5.76 THB
1,000 MGA7.20 THB
1,500 MGA10.80 THB
2,000 MGA14.40 THB
2,500 MGA18.00 THB
3,000 MGA21.60 THB
4,000 MGA28.80 THB
5,000 MGA36.00 THB
10,000 MGA72.00 THB
15,000 MGA108.00 THB
20,000 MGA144.00 THB
30,000 MGA216.00 THB
40,000 MGA288.00 THB
50,000 MGA360.00 THB
100,000 MGA720.00 THB

*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 Thailand?

It can be very confusing when sending money from Madagascar to Thailand given so many choices. Additionally, Malagasy Ariary to THB 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 Thailand 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 Thailand 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 Thai Baht remittances.


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

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 Thailand.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Madagascar to Thailand 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 Thai Baht 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 to transfer money from Madagascar to Thailand?

When you want to send money to Thailand from Madagascar, you obviously want the cheapest possible option to maximize the money your recipient gets in Thai Baht. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your MGA to THB money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Madagascar to Thailand. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Madagascar to Thailand exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Thai Baht overseas.


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

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 THB 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 Thailand 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 Thailand 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 Thailand. 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 Thailand?

The speed of your Malagasy Ariary to Thai Baht 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 THB. 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 Thailand 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 Thailand 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 THB into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Madagascar bank to Thailand bank transfer.


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

Comparing money transfer companies for sending money to Thailand from Madagascar can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Thailand. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Malagasy Ariary to Thai Baht transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Thai Baht yield on every Malagasy Ariary that you send.


Step by step guide to send money to Thailand from Madagascar

The first step to send money to Thailand 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 THB 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 Thailand 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 Thailand!

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 Thailand.