Best Way to Send Money to Madagascar from New Zealand (NZD to MGA)

Sending money from New Zealand to Madagascar: what today's data shows

RemitFinder compares 4 providers and 9 ways to send money from New Zealand to Madagascar. The mid-market rate is MGA 2,545.1125 per NZD. 3 providers have no-fee options. The fastest published delivery is instant.

🧭 What is the best way to send money to Madagascar from New Zealand?

It depends on how you pay, how your recipient wants the money and how much you send. RemitFinder compares 4 providers offering 9 ways to send New Zealand Dollar (NZD) to Malagasy Ariary (MGA).

🔀 Ways to receive:

Bank Account is the most widely offered way to receive, with 3 providers, followed by Cash Pickup (1) and Mobile Wallet (1).

💱 How to get the best NZD to MGA exchange rate?

The mid-market New Zealand Dollar to Malagasy Ariary rate today is MGA 2,545.1125 per NZD. Providers add a markup to it, so compare the rate each one gives you, not the mid-market rate.

At that rate, NZD 1,000 is MGA 2,545,112.50, and each 1% of markup costs about MGA 25,451.13.

• 📊 Rates run from MGA 2,413.86 to MGA 2,512.6733 per NZD across all amounts. The top three rates are from MoneyGram (MGA 2,512.6733 for transfers up to NZD 1,500), Airwallex (MGA 2,494.1664) and XE Money Transfer (MGA 2,469.1836).
• 📏 Typical markup: 2.49%. The median provider's best rate is 2.49% below the mid-market rate.

How your recipient gets the money changes the rate. The median provider's best rate is 1.27% below the mid-market rate for money received in a Mobile Wallet, 2.98% below it in a Bank Account and 3.80% below it as Cash Pickup.

💸 What is the cheapest way to send money to Madagascar from New Zealand?

It depends on the amount: fees and exchange rates change with how much you send, so the cards above rank every way to send at the amount you enter.

• 🆓 3 providers charge no fee on some ways to send or some amounts: Airwallex, MoneyGram and XE Money Transfer.

🏦 How to send money from New Zealand to Madagascar through a bank?

3 providers accept payment by Bank Transfer. Your recipient can receive the money in a Bank Account with 3 providers.

• ⏱️ Money typically arrives in a Bank Account in 2–4 days, and Airwallex publishes delivery in about 2 hours.
• 🧾 What you need: the recipient's full name, bank name and account number, plus the bank's code.

Find the bank code: SWIFT codes for banks in Madagascar.

⚡ How to send money from New Zealand to Madagascar fast?

The fastest published delivery arrives instantly, with MoneyGram (Cash Pickup).

By the times providers publish, money can arrive in about 2 hours in a Bank Account, instantly as Cash Pickup and within 30 minutes in a Mobile Wallet.

Delivery times are those providers publish, or typical times for the delivery method where they publish none. Actual times can vary with identity checks, bank cut-off times and public holidays.

🏆 Which are the best money transfer companies to send money to Madagascar from New Zealand?

There's no single best company: it depends on the amount and how you send. These are today's standouts, each by a measured figure.

• 💱 MoneyGram, Airwallex and XE Money Transfer offer the highest exchange rates, from MGA 2,469.1836 to MGA 2,512.6733 per NZD.
• 🔀 MoneyGram offers the most ways to send (4), followed by XE Money Transfer (3) and Airwallex (1).
• 💵 MoneyGram offers Cash Pickup in Madagascar.
• 🆓 3 providers have no-fee options.
• ⚡ MoneyGram publishes the fastest delivery: instant.

Below are the details for each provider, in alphabetical order: its exchange rate, fees, ways to pay and receive, delivery times, limits and what your recipient gets.

Airwallex NZD to MGA exchange rate today

• 💱 Airwallex's New Zealand Dollar to Malagasy Ariary exchange rate is MGA 2,494.1664 per NZD, 2.00% below the mid-market rate.
• 💸 Airwallex charges no fee.
• 🏦 With Airwallex, you pay from a Bank Account, and your recipient gets the money in a Bank Account.
• ⏱️ With Airwallex, money arrives in a Bank Account in about 2 hours.

MoneyGram NZD to MGA exchange rate today

• 💱 MoneyGram's New Zealand Dollar to Malagasy Ariary exchange rate runs from MGA 2,446.6046 to MGA 2,512.6733 per NZD. Its best rate applies to transfers up to NZD 1,500 and is 1.27% below the mid-market rate.
• 💸 MoneyGram charges no fee when you pay by Debit Card. When you pay by Credit Card, it charges 3% + NZD 4 (3.01% + NZD 3.67 from NZD 1,940) when your recipient gets the money as Cash Pickup and 3% + NZD 4 (2.73% + NZD 9.09 from NZD 1,500.01) when your recipient gets the money in a Mobile Wallet.
• 🏦 With MoneyGram, you pay by Credit Card or by Debit Card, and your recipient gets the money as Cash Pickup or in a Mobile Wallet.
• ⏱️ With MoneyGram, money arrives as Cash Pickup instantly and in a Mobile Wallet within 30 minutes.
• 📏 MoneyGram accepts up to NZD 5,000 per transfer.

Remitly NZD to MGA exchange rate today

• 💱 Remitly's New Zealand Dollar to Malagasy Ariary exchange rate is MGA 2,413.86 per NZD, 5.16% below the mid-market rate.
• 💸 Remitly's fee is not published for NZD to MGA transfers, so amounts here include an estimated fee.
• 🏦 With Remitly, you pay from a Bank Account, and your recipient gets the money in a Bank Account.
• ⏱️ With Remitly, money arrives in a Bank Account typically in 2–4 days.
• 📏 Remitly accepts up to NZD 20,000 per transfer.

XE Money Transfer NZD to MGA exchange rate today

• 💱 XE Money Transfer's New Zealand Dollar to Malagasy Ariary exchange rate is MGA 2,469.1836 per NZD, 2.98% below the mid-market rate.
• 💸 XE Money Transfer charges NZD 5 (no fee from NZD 1,000) when you pay from a Bank Account, 0.9% + NZD 5 (0.9% from NZD 1,000) when you pay by Credit Card and 0.4% + NZD 5 (0.4% from NZD 1,000) when you pay by Debit Card.
• 🏦 With XE Money Transfer, you pay from a Bank Account, by Credit Card or by Debit Card, and your recipient gets the money in a Bank Account.
• ⏱️ With XE Money Transfer, money arrives in a Bank Account typically in 2–4 days.

Limits are those providers publish to RemitFinder. What you can actually send depends on the provider's checks, your account and the rules in both countries.

🪜 Step by step guide to send money from New Zealand to Madagascar

1. Compare providers. RemitFinder lists 4 providers and 9 ways to send; the cards above rank them for your amount.
2. Choose how to pay. You can pay from a Bank Account, by Credit Card or by Debit Card.
3. Choose how your recipient gets the money. Bank Account (3 providers), Cash Pickup (1 provider) or Mobile Wallet (1 provider).
4. Check the limits. Published maximums start at NZD 5,000 per transfer. What you can send also depends on the provider's checks and the rules in both countries.
5. Sign up and verify your identity. Providers need ID before your first transfer.
6. Add your recipient's details. Name and Bank Account details, or their name as on their ID for Cash Pickup. Find the bank code: SWIFT codes for banks in Madagascar.
7. Pay and track the transfer. The fastest published delivery arrives instantly. Money typically arrives in a Bank Account in 2–4 days.

Frequently Asked Questions: Sending money to Madagascar from New Zealand

These FAQs use data from RemitFinder's live comparison of 4 providers for New Zealand to Madagascar money transfers.

• How do I send money from New Zealand to Madagascar?

  Compare 4 providers on RemitFinder, choose how you pay and how your recipient gets the money, then send online with the provider you pick.

• What is the best way to send money to Madagascar from New Zealand?

  It depends on how you pay, how your recipient wants the money and how much you send.

• What is the cheapest way to send money to Madagascar?

  3 providers charge no fee on some ways to send or some amounts, and the exchange-rate markup decides the rest. RemitFinder ranks every way to send by what your recipient gets, fees included.

• What is the NZD to MGA exchange rate today?

  The mid-market rate is MGA 2,545.1125 per NZD. Providers' rates run from MGA 2,413.86 to MGA 2,512.6733.

• How can I send cash to Madagascar from New Zealand?

  MoneyGram offers Cash Pickup in Madagascar. By published times, Cash Pickup can be ready instantly with MoneyGram.

• What is the fastest way to send money to Madagascar?

  By their published times, MoneyGram delivers fastest, instantly.

• Can I send money from New Zealand to Madagascar instantly?

  Yes. MoneyGram publishes delivery within an hour on some ways to send.

• How much money can I send to Madagascar from New Zealand?

  Each provider sets its own limits. The lowest published maximum is NZD 5,000, and 2 of 4 providers publish no maximum. Checks and the rules in both countries also apply.

• Can I send money to Madagascar without fees?

  Yes, with Airwallex, MoneyGram and XE Money Transfer on some ways to send or some amounts. Check the exchange rate too, as a no-fee transfer can still carry a markup.

• Which providers send money from New Zealand to Madagascar?

  RemitFinder compares 4 providers: Airwallex, MoneyGram, Remitly and XE Money Transfer.

• Which app is best to send money to Madagascar?

  It depends on your amount and how you pay. RemitFinder compares 4 providers and ranks every way to send for the amount you enter.

• Why do providers charge different amounts to send money to Madagascar?

  Each provider sets its own exchange-rate markup and fees, and both can change with how you pay, how your recipient gets the money and how much you send.