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Compare today's NPR to MGA (Nepalese Rupee to Malagasy Ariary) exchange rates

Nepal
Madagascar
NPR

Interbank Exchange Rate: 1 NPR = 30.5890 MGA
Updated about an hour ago

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All you need to know about Nepalese Rupee to Malagasy Ariary money transfers

Easily compare money transfer providers in one place to send money from Nepal to Madagascar. Send money overseas to your loved ones by comparing Nepalese Rupee (NPR) to Malagasy Ariary (MGA) 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 Nepal.

Were you looking to send money from Madagascar to Nepal 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 NPR to MGA Conversion Rates

Here are some latest NPR to MGA (Nepalese Rupee to Malagasy Ariary) exchange rates for popular conversion amounts*.

1 NPR30.59 MGA
5 NPR152.95 MGA
10 NPR305.89 MGA
25 NPR764.72 MGA
50 NPR1,529.45 MGA
100 NPR3,058.90 MGA
150 NPR4,588.35 MGA
200 NPR6,117.80 MGA
250 NPR7,647.25 MGA
300 NPR9,176.70 MGA
400 NPR12,235.60 MGA
500 NPR15,294.50 MGA
600 NPR18,353.40 MGA
700 NPR21,412.30 MGA
800 NPR24,471.20 MGA
1,000 NPR30,589.00 MGA
1,500 NPR45,883.50 MGA
2,000 NPR61,178.00 MGA
2,500 NPR76,472.50 MGA
3,000 NPR91,767.00 MGA
4,000 NPR122,356.00 MGA
5,000 NPR152,945.00 MGA
10,000 NPR305,890.00 MGA
15,000 NPR458,835.00 MGA
20,000 NPR611,780.00 MGA
30,000 NPR917,670.00 MGA
40,000 NPR1,223,560.00 MGA
50,000 NPR1,529,450.00 MGA
100,000 NPR3,058,900.00 MGA

*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 Madagascar from Nepal?

Sending money internationally to Madagascar from Nepal can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Nepalese Rupee to MGA remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Madagascar. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Malagasy Ariary.


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

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 NPR to Malagasy Ariary 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 Nepal to Madagascar. 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 NPR to MGA remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to send money from Nepal to Madagascar?

Finding the cheapest way to send money from Nepal to Madagascar 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 NPR to MGA 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 Nepal to Madagascar 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 Madagascar from Nepal 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 NPR to MGA 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 Nepal to Madagascar 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 Madagascar from Nepal. They do this by letting you fund your transaction through your local bank account in Nepal, and by allowing you to choose the payout to be your recipient's bank account in Madagascar. 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 Nepal to Madagascar?

It could be a stressful experience if you need to rush money quickly from Nepal to Madagascar. 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 NPR to MGA. 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 Malagasy Ariary. 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 Nepal to Madagascar money transfers.


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

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 Nepal to Madagascar, 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 Nepalese Rupee to Malagasy Ariary 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 MGA money transfers to Madagascar. 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 Madagascar getting more money for every Nepalese Rupee you send.


Step by step guide to send money from Nepal to Madagascar

The first step to send money to Madagascar from Nepal 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 NPR to MGA 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 Madagascar if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Nepal bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Madagascar!

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 Nepal to Madagascar.