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Malta
Madagascar
EUR

📈 Malta to Madagascar Money Transfer Snapshot Today

  • Best EUR to MGA exchange rate today: MGA 5,053.0700, offered by Remitly
  • Number of money transfer providers compared: 8
  • Exchange rate range: MGA 5,053.0700 to MGA 4,848.9732
  • Potential savings on EUR 1000: MGA 204,096.80
  • Number of deals and promo codes: 4
  • Mid-marketⓘThe mid-market exchange rate (also called the interbank rate) is the real EUR to MGA exchange rate before providers add their margin or fees. exchange rate: 1 EUR = MGA 5,010.3631 (Updated about an hour ago)

See detailed Malta to Madagascar money transfer comparison below.

Malta to Madagascar money transfer providers that matched the search criteria

REMITLY
Read more about Remitly
(*)★★ (*)★★ (*)★★ (*)★★ ( )★★
1000 EUR =
5 053 070.00 MGA
Transfer Limit (EUR): 0 - 20000
Locked-In Rate1 EUR = 5,053.0700 MGA

📢 Special exchange rate applied for first transfer
MONEYGRAM
Read more about MoneyGram
(*)★★ (*)★★ (*)★★ (*)★★ ( )★★
1000 EUR =
5 026 315.90 MGA
Transfer Limit (EUR): 0 - 3990
Locked-In Rate1 EUR = 5,026.3159 MGA
airwallex
Read more about Airwallex
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 EUR =
4 955 128.20 MGA
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 4,955.1282 MGA

📢 B2B transfers only
dahabshiil
Read more about Dahabshiil
(*)★★ (*)★★ ( )★★ ( )★★ ( )★★
1000 EUR =
4 939 241.40 MGA
Transfer Limit (EUR): 12 - 99990000
Indicative Rate1 EUR = 4,939.2414 MGA
Get first transfer free
talkremit
Read more about TalkRemit
( )★★ ( )★★ ( )★★ ( )★★ ( )★★
1000 EUR =
4 939 241.40 MGA
Transfer Limit (EUR): 12 - 100000
Indicative Rate1 EUR = 4,939.2414 MGA
Get first transfer free
WORLDREMIT
Read more about WorldRemit
(*)★★ (*)★★ (*)★★ (*)★★ ( )★★
1000 EUR =
4 900 573.80 MGA
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 4,900.5738 MGA
Get 3 free transfers
Refer a friend to earn EUR 25

📢 Special exchange rate applied for first transfer
taptap-send
Read more about Taptap Send
( )★★ ( )★★ ( )★★ ( )★★ ( )★★
1000 EUR =
4 863 000.00 MGA
Transfer Limit (EUR): 1 - 160000
Indicative Rate1 EUR = 4,863.0000 MGA
XEMONEYTX
Read more about XE Money Transfer
(*)★★ (*)★★ (*)★★ ( )★★ ( )★★
1000 EUR =
4 848 973.20 MGA
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 4,848.9732 MGA

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💡What these rates mean for sending money to Madagascar from Malta today

Compare top-rated money transfer providers to find the best way to remit money to Madagascar from Malta. Check today's EUR to MGA exchange rates, read detailed provider reviews, and discover exclusive deals and promo codes.

RemitFinder compared 8 providers for Malta to Madagascar money transfers today. Here is what the competition looks like right now:

Today's Most Competitive Providers to Transfer Money to Madagascar from Malta

🥇 Remitly with 1 EUR = 5,053.0700 MGA (best EUR to MGA exchange rate today).

🥈 MoneyGram offering 1 EUR = 5,026.3159 MGA.

🥉 Airwallex & Dahabshiil are also providing good FX rate today.

The 8 providers compared today offer exchange rates from MGA 4,848.9732 to MGA 5,053.0700. On a EUR 1000 transfer from Malta to Madagascar, that spread means up to MGA 204,096.80 in potential savings — simply by choosing the right provider.

Euro to Malagasy Ariary exchange rates fluctuate throughout the day, and top-ranked providers can change quickly. Even a small difference in the rate offered can significantly impact how much MGA your recipient receives in Madagascar.

Compare the providers above to maximize every EUR you send to Madagascar. The best Euro to Malagasy Ariary transfer rate changes daily, so comparing today matters.


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 Malta.



Latest Exchange Rates for Sending Money to Madagascar from Malta

Here are some latest EUR to MGA (Euro to Malagasy Ariary) exchange rates for popular conversion amounts*.

1 EUR5,010.36 MGA
5 EUR25,051.82 MGA
10 EUR50,103.63 MGA
25 EUR125,259.08 MGA
50 EUR250,518.15 MGA
100 EUR501,036.31 MGA
150 EUR751,554.47 MGA
200 EUR1,002,072.62 MGA
250 EUR1,252,590.78 MGA
300 EUR1,503,108.93 MGA
400 EUR2,004,145.24 MGA
500 EUR2,505,181.55 MGA
600 EUR3,006,217.86 MGA
700 EUR3,507,254.17 MGA
800 EUR4,008,290.48 MGA
1000 EUR5,010,363.10 MGA
1500 EUR7,515,544.65 MGA
2000 EUR10,020,726.20 MGA
2500 EUR12,525,907.75 MGA
3000 EUR15,031,089.30 MGA
4000 EUR20,041,452.40 MGA
5000 EUR25,051,815.50 MGA
10000 EUR50,103,631.00 MGA
15000 EUR75,155,446.50 MGA
20000 EUR100,207,262.00 MGA
30000 EUR150,310,893.00 MGA
40000 EUR200,414,524.00 MGA
50000 EUR250,518,155.00 MGA
100000 EUR501,036,310.00 MGA

*Based on the Mid-market Exchange RateⓘThe mid-market exchange rate (also called the interbank rate) is the real EUR to MGA exchange rate before providers add their margin or fees.. Actual payout may vary based on the chosen money transfer provider.


What is the best way to transfer money to Madagascar from Malta?

With the remittance market booming, there are so many choices for Euro to MGA money transfers. Plus, the entry of new fintech companies makes it harder to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies for sending money to Madagascar from Malta. All providers on our platform are established, secure companies that our expert team has evaluated.

In addition, these providers offer you exclusive deals and promo codes; these offers help you further maximize the final MGA amount that your recipient in Malta gets.


How to get the best EUR to MGA transfer rate?

When sending money overseas, there are a lot of options at your disposal. RemitFinder helps you to decide who to pick for your EUR to Malagasy Ariary money transfers by comparing providers side by side.

Our comparison engine compares numerous remittance companies and presents you with the best options for sending money from Malta to Madagascar.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promo codes for EUR to MGA remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What is the cheapest way to send money from Malta to Madagascar?

Whilst there are numerous ways to send Euro to Madagascar, some come with steep fees and hidden charges. For example, if you send money from Malta to Madagascar via a bank, you will pay high wire transfer fees.

To find the most cost effective way for Euro to Malagasy Ariary remittances, compare various providers. But doing this manually is hard and time consuming.

Use RemitFinder to compare numerous providers for getting the best Malta to Madagascar exchange rate.

Another proven way to reduce your EUR to MGA transfer cost is to use exclusive promo codes partners provide to RemitFinder users like you. These deals further reduce the cost of your EUR to MGA remittances.


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

Bank transfers are a convenient and familiar way to send money overseas from Malta to Madagascar. But they may not be the cheapest option available to you.

In general, banks charge high fees (up to USD 35-50, or currency equivalent) and provide lower EUR to MGA exchange rates. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on Malta to Madagascar remittances.

We, therefore, recommend that before you use your Malta bank for your Madagascar money transfers, you explore other options to carefully review your total cost as well as the exchange rate you will get. Combined, these two factors will impact how much Malagasy Ariary your recipient gets in Madagascar.


How to remit money to Madagascar from Malta fast?

It can be stressful to rush money from Malta to Madagascar. But the good news is that there are best practices you can rely on for fast transfers.

First, pick the right payment method to convert from EUR to MGA. For example, bank transfers are slower as compared to cash payments.

Similarly, choose cash pickup to pay your receiver. Just be aware that the FX rate on cash transactions may not be the best, and there is risk in handling cash. Mobile airtime top up may be the next fastest option.

Transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and can vary from provider to provider. See our remittance guide to see how remittances work in general, and what factors affect the speed of your Malta to Madagascar money transfers.


Which are the best money transfer companies to remit money to Madagascar from Malta?

Since the Euro to Malagasy Ariary money transfer space has so many players, selecting the right company might not be easy.

RemitFinder can help you to chart a path forward. Choose your source and destination countries, and compare numerous providers with an easy to follow comparison table.

To further decrease the cost of your EUR to MGA money transfers, we also have exclusive promo codes from various providers. This will increase the final amount your recipient in Madagascar gets. Make sure look at available deals as you select the best provider for your next Malta to Madagascar money transfer.


Step by step guide to transfer money to Madagascar from Malta

The first step in sending money to Madagascar from Malta is to select a money transfer provider that suits your needs. You can use RemitFinder's comparison tool to compare choices.

Once you have chosen a provider, follow these steps to make your EUR to MGA money transfer.

  • Click through to the provider's site and register an account.
  • Provide information and documentation that the provider may need for compliance and regulatory checks.
  • Add recipient information including their payout info like bank account in Madagascar.
  • Enter your transfer amount, and initiate the transfer.
  • Pay for your transfer via your Malta bank account or other methods like a Debit Card.
  • Your provider should process the transfer to Madagascar.

The provider will notify you of the progress on your transfer. Many companies also have mobile apps; you can use that to track the real time status of your transfer from Malta to Madagascar.