Compare today's MGA to UYU (Malagasy Ariary to Uruguayan Peso) exchange rates
Interbank Exchange Rate: 1 MGA = 0.0087 UYU
Updated about an hour ago
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All you need to know about Malagasy Ariary to Uruguayan Peso money transfers
Easily compare money transfer providers in one place to send money from Madagascar to Uruguay. Send money overseas to your loved ones by comparing Malagasy Ariary (MGA) to Uruguayan Peso (UYU) 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 UYU Conversion Rates
Here are some latest MGA to UYU (Malagasy Ariary to Uruguayan Peso) exchange rates for popular conversion amounts*.
| 1 MGA | 0.01 UYU |
| 5 MGA | 0.04 UYU |
| 10 MGA | 0.09 UYU |
| 25 MGA | 0.22 UYU |
| 50 MGA | 0.43 UYU |
| 100 MGA | 0.87 UYU |
| 150 MGA | 1.31 UYU |
| 200 MGA | 1.74 UYU |
| 250 MGA | 2.18 UYU |
| 300 MGA | 2.61 UYU |
| 400 MGA | 3.48 UYU |
| 500 MGA | 4.35 UYU |
| 600 MGA | 5.22 UYU |
| 700 MGA | 6.09 UYU |
| 800 MGA | 6.96 UYU |
| 1,000 MGA | 8.70 UYU |
| 1,500 MGA | 13.05 UYU |
| 2,000 MGA | 17.40 UYU |
| 2,500 MGA | 21.75 UYU |
| 3,000 MGA | 26.10 UYU |
| 4,000 MGA | 34.80 UYU |
| 5,000 MGA | 43.50 UYU |
| 10,000 MGA | 87.00 UYU |
| 15,000 MGA | 130.50 UYU |
| 20,000 MGA | 174.00 UYU |
| 30,000 MGA | 261.00 UYU |
| 40,000 MGA | 348.00 UYU |
| 50,000 MGA | 435.00 UYU |
| 100,000 MGA | 870.00 UYU |
*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 Uruguay from Madagascar?
It can be very confusing when sending money from Madagascar to Uruguay given so many choices. Additionally, Malagasy Ariary to UYU 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 Uruguay 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 Uruguay 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 Uruguayan Peso remittances.
How to get the best remit rate for transferring money from Madagascar to Uruguay?
When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your MGA to Uruguayan Peso money transfer.Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Madagascar to Uruguay. We carefully select providers to give you the best choices for sending money internationally.
Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for MGA to UYU remittances. With our daily free rate alert, you will never have to manually search and compare providers again.
What's the cheapest way for transferring money to Uruguay from Madagascar?
One of the most important things to watch out for is hidden fees when sending money to Uruguay 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 Uruguay using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Uruguayan Peso foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MGA to Uruguay 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 Uruguay from Madagascar.
How to send money from Madagascar to Uruguay 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 UYU 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 Uruguay 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 Uruguay 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 Uruguay. But, you are likely to get much better rates and lower fees compared to your bank.
How to send money to Uruguay from Madagascar fast?
It could be a stressful experience if you need to rush money quickly from Madagascar to Uruguay. 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 UYU. 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 Uruguayan Peso. 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 Uruguay money transfers.
Which are the best money transfer companies to send money from Madagascar to Uruguay?
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 Uruguay, 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 Uruguayan Peso 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 UYU money transfers to Uruguay. 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 Uruguay getting more money for every Malagasy Ariary you send.
Step by step guide to send money to Uruguay from Madagascar
Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Madagascar to Uruguay, then please continue to read.One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Madagascar to Uruguay that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.
Once you identify your provider of choice, follow the below step by step guide to send money.
- Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
- Provide information about the receiver - name, address and a bank account in Uruguay where they can receive monies in Uruguayan Peso.
- Then, provide details of your Madagascar bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
- Finally, select the amount you want to transfer, and click Send.
- The provider will start your transaction, and keep you updated on the progress of your transfer.