Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's PGK to MGA (Papua New Guinean Kina to Malagasy Ariary) exchange rates

Papua New Guinea
Madagascar
PGK

Interbank Exchange Rate: 1 PGK = 1,033.7646 MGA
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Papua New Guinean Kina to Malagasy Ariary money transfers

Easily compare money transfer providers in one place to send money from Papua New Guinea to Madagascar. Send money overseas to your loved ones by comparing Papua New Guinean Kina (PGK) 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 Papua New Guinea.

Were you looking to send money from Madagascar to Papua New Guinea 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 PGK to MGA Conversion Rates

Here are some latest PGK to MGA (Papua New Guinean Kina to Malagasy Ariary) exchange rates for popular conversion amounts*.

1 PGK1,033.76 MGA
5 PGK5,168.82 MGA
10 PGK10,337.65 MGA
25 PGK25,844.11 MGA
50 PGK51,688.23 MGA
100 PGK103,376.46 MGA
150 PGK155,064.69 MGA
200 PGK206,752.92 MGA
250 PGK258,441.15 MGA
300 PGK310,129.38 MGA
400 PGK413,505.84 MGA
500 PGK516,882.30 MGA
600 PGK620,258.76 MGA
700 PGK723,635.22 MGA
800 PGK827,011.68 MGA
1,000 PGK1,033,764.60 MGA
1,500 PGK1,550,646.90 MGA
2,000 PGK2,067,529.20 MGA
2,500 PGK2,584,411.50 MGA
3,000 PGK3,101,293.80 MGA
4,000 PGK4,135,058.40 MGA
5,000 PGK5,168,823.00 MGA
10,000 PGK10,337,646.00 MGA
15,000 PGK15,506,469.00 MGA
20,000 PGK20,675,292.00 MGA
30,000 PGK31,012,938.00 MGA
40,000 PGK41,350,584.00 MGA
50,000 PGK51,688,230.00 MGA
100,000 PGK103,376,460.00 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 Papua New Guinea?

There are many good choices when it comes to sending money from Papua New Guinea to Madagascar. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Papua New Guinean Kina to MGA money transfers.

We compare different remittance companies to bring you the best options to send money to Madagascar from Papua New Guinea. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Papua New Guinean Kina to Malagasy Ariary money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for your money transfers from Papua New Guinea to Madagascar?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Madagascar from Papua New Guinea. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your PGK to Malagasy Ariary money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Papua New Guinea to Madagascar corridor to give you more good choices for your next MGA money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money from Papua New Guinea to Madagascar?

One of the most important things to watch out for is hidden fees when sending money to Madagascar from Papua New Guinea. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Madagascar using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Malagasy Ariary foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best PGK to Madagascar exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Madagascar from Papua New Guinea.


How to send money from Papua New Guinea to Madagascar through a bank?

Big banks in Papua New Guinea are known to make a lot of money by charging high fees on Madagascar money transfers from Papua New Guinea. 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 PGK 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 Papua New Guinea 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 Papua New Guinea to Madagascar fast?

The first thing to do when you need to convert PGK to MGA quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Papua New Guinean Kina and Malagasy Ariary. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Papua New Guinea to Madagascar remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Madagascar.


Which are the best money transfer companies to send money to Madagascar from Papua New Guinea?

Since the Papua New Guinean Kina 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 Papua New Guinea 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 PGK 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 Papua New Guinea to Madagascar transaction.


Step by step guide to do a money transfer from Papua New Guinea to Madagascar

The first step to send money to Madagascar from Papua New Guinea 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 PGK 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 Papua New Guinea 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 Papua New Guinea to Madagascar.