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Compare today's OMR to MGA (Omani Rial to Malagasy Ariary) exchange rates

Oman
Madagascar
OMR

Interbank Exchange Rate: 1 OMR = 11,482.3557 MGA
Updated about an hour ago

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All you need to know about Omani Rial to Malagasy Ariary money transfers

Easily compare money transfer providers in one place to send money from Oman to Madagascar. Send money overseas to your loved ones by comparing Omani Rial (OMR) 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 Oman.

Were you looking to send money from Madagascar to Oman 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 OMR to MGA Conversion Rates

Here are some latest OMR to MGA (Omani Rial to Malagasy Ariary) exchange rates for popular conversion amounts*.

1 OMR11,482.36 MGA
5 OMR57,411.78 MGA
10 OMR114,823.56 MGA
25 OMR287,058.89 MGA
50 OMR574,117.79 MGA
100 OMR1,148,235.57 MGA
150 OMR1,722,353.36 MGA
200 OMR2,296,471.14 MGA
250 OMR2,870,588.93 MGA
300 OMR3,444,706.71 MGA
400 OMR4,592,942.28 MGA
500 OMR5,741,177.85 MGA
600 OMR6,889,413.42 MGA
700 OMR8,037,648.99 MGA
800 OMR9,185,884.56 MGA
1,000 OMR11,482,355.70 MGA
1,500 OMR17,223,533.55 MGA
2,000 OMR22,964,711.40 MGA
2,500 OMR28,705,889.25 MGA
3,000 OMR34,447,067.10 MGA
4,000 OMR45,929,422.80 MGA
5,000 OMR57,411,778.50 MGA
10,000 OMR114,823,557.00 MGA
15,000 OMR172,235,335.50 MGA
20,000 OMR229,647,114.00 MGA
30,000 OMR344,470,671.00 MGA
40,000 OMR459,294,228.00 MGA
50,000 OMR574,117,785.00 MGA
100,000 OMR1,148,235,570.00 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 from Oman to Madagascar?

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 Oman to Madagascar. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Omani Rial to MGA.

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 OMR to MGA in Madagascar. 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 Madagascar from Oman. We provide you with maximum choices to send money to Madagascar by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best remit rate for transferring money from Oman to Madagascar?

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 Madagascar.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Oman to Madagascar 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 OMR to Malagasy Ariary 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 for transferring money to Madagascar from Oman?

The final amount your recipient gets when you send OMR to MGA is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Oman to Madagascar used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Malagasy Ariary is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Omani Rial to Madagascar exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


How to send money from Oman to Madagascar through a bank?

Big banks in Oman are known to make a lot of money by charging high fees on Madagascar money transfers from Oman. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a OMR to MGA exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Madagascar. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Oman to Madagascar. You work hard for your money, so you should also ensure you get the maximum yield when you send MGA overseas.


How to send money from Oman to Madagascar fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Oman to Madagascar. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert OMR to MGA fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Omani Rial amount reaching Madagascar. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Malagasy Ariary quickly to Madagascar, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


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

Since the Omani Rial to Malagasy Ariary money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Oman that may also be able to send money to Madagascar. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your OMR to MGA money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Madagascar gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Oman to Madagascar transaction.


Step by step guide to send money from Oman to Madagascar

Follow the below easy steps to send money to Madagascar from Oman.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Oman bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Madagascar).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your OMR to MGA remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.