Compare today's MGA to VND (Malagasy Ariary to Vietnamese Dong) exchange rates
Interbank Exchange Rate: 1 MGA = 5.8685 VND
Updated about an hour ago
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All you need to know about Malagasy Ariary to Vietnamese Dong money transfers
Easily compare money transfer providers in one place to send money from Madagascar to Vietnam. Send money overseas to your loved ones by comparing Malagasy Ariary (MGA) to Vietnamese Dong (VND) 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.
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Latest MGA to VND Conversion Rates
Here are some latest MGA to VND (Malagasy Ariary to Vietnamese Dong) exchange rates for popular conversion amounts*.
| 1 MGA | 5.87 VND |
| 5 MGA | 29.34 VND |
| 10 MGA | 58.69 VND |
| 25 MGA | 146.71 VND |
| 50 MGA | 293.43 VND |
| 100 MGA | 586.85 VND |
| 150 MGA | 880.28 VND |
| 200 MGA | 1,173.70 VND |
| 250 MGA | 1,467.13 VND |
| 300 MGA | 1,760.55 VND |
| 400 MGA | 2,347.40 VND |
| 500 MGA | 2,934.25 VND |
| 600 MGA | 3,521.10 VND |
| 700 MGA | 4,107.95 VND |
| 800 MGA | 4,694.80 VND |
| 1,000 MGA | 5,868.50 VND |
| 1,500 MGA | 8,802.75 VND |
| 2,000 MGA | 11,737.00 VND |
| 2,500 MGA | 14,671.25 VND |
| 3,000 MGA | 17,605.50 VND |
| 4,000 MGA | 23,474.00 VND |
| 5,000 MGA | 29,342.50 VND |
| 10,000 MGA | 58,685.00 VND |
| 15,000 MGA | 88,027.50 VND |
| 20,000 MGA | 117,370.00 VND |
| 30,000 MGA | 176,055.00 VND |
| 40,000 MGA | 234,740.00 VND |
| 50,000 MGA | 293,425.00 VND |
| 100,000 MGA | 586,850.00 VND |
*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 Vietnam?
Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Madagascar to Vietnam. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Malagasy Ariary to VND.You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send MGA to VND in Vietnam. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.
With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Vietnam from Madagascar. We provide you with maximum choices to send money to Vietnam by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best exchange rate for sending money from Madagascar to Vietnam?
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 Vietnam.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Madagascar to Vietnam 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 Vietnamese Dong 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 Vietnam?
When you want to send money to Vietnam from Madagascar, you obviously want the cheapest possible option to maximize the money your recipient gets in Vietnamese Dong. 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 VND 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 Vietnam. 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 Vietnam 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 Vietnamese Dong overseas.
How to send money to Vietnam from Madagascar through a bank?
We do not recommend using your local bank in Madagascar for your next MGA to VND overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Madagascar to Vietnam (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.
Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending VND to Vietnam. These companies will let you use your local bank account in Madagascar to pay for your Vietnam money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.
How to send money to Vietnam from Madagascar fast?
It could be a stressful experience if you need to rush money quickly from Madagascar to Vietnam. 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 VND. 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 Vietnamese Dong. 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 Vietnam money transfers.
Which are the best money transfer companies to transfer money to Vietnam from Madagascar?
The first step in selecting the best money transfer operators for Madagascar to Vietnam remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.
Another factor that may help you decide which provider to go with would be any coupons and deals available for Malagasy Ariary to Vietnamese Dong money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Vietnam.
Step by step guide to transfer money to Vietnam from Madagascar
The first step to send money to Vietnam 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 VND 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 Vietnam 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 Vietnam!