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Portugal
Madagascar
EUR

📈 Portugal to Madagascar Money Transfer Snapshot Today

  • Best EUR to MGA exchange rate today: MGA 4,839.8600, offered by Remitly
  • Number of money transfer providers compared: 8
  • Exchange rate range: MGA 4,839.8600 to MGA 4,698.6352
  • Potential savings on EUR 1000: MGA 141,224.80
  • Number of deals and promo codes: 6
  • 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 4,863.2115 (Updated about an hour ago)

See detailed Portugal to Madagascar money transfer comparison below.

Portugal to Madagascar money transfer providers that matched the search criteria

REMITLY
Read more about Remitly
(*)★★ (*)★★ (*)★★ (*)★★ ( )★★
1000 EUR =
4 839 860.00 MGA
Transfer Limit (EUR): 0 - 20000
Locked-In Rate1 EUR = 4,839.8600 MGA

📢 Special exchange rate applied for first transfer
dahabshiil
Read more about Dahabshiil
(*)★★ (*)★★ ( )★★ ( )★★ ( )★★
1000 EUR =
4 793 314.00 MGA
Transfer Limit (EUR): 12 - 99990000
Indicative Rate1 EUR = 4,793.3140 MGA
Get first transfer free
talkremit
Read more about TalkRemit
( )★★ ( )★★ ( )★★ ( )★★ ( )★★
1000 EUR =
4 793 314.00 MGA
Transfer Limit (EUR): 12 - 100000
Indicative Rate1 EUR = 4,793.3140 MGA
Get first transfer free
airwallex
Read more about Airwallex
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 EUR =
4 763 474.10 MGA
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 4,763.4741 MGA

📢 B2B transfers only
XEMONEYTX
Read more about XE Money Transfer
(*)★★ (*)★★ (*)★★ ( )★★ ( )★★
1000 EUR =
4 735 443.90 MGA
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 4,735.4439 MGA

📢 New! Cash pickup available
WORLDREMIT
Read more about WorldRemit
(*)★★ (*)★★ (*)★★ (*)★★ ( )★★
1000 EUR =
4 715 479.50 MGA
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 4,715.4795 MGA
Get 3 free transfers
Refer a friend to earn EUR 25

📢 Special exchange rate applied for first transfer
sendwave
Read more about Sendwave
(*)★★ ( )★★ ( )★★ ( )★★ ( )★★
1000 EUR =
4 715 479.50 MGA
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 4,715.4795 MGA
Get USD 10 credit for first transfer
No transfer fees
WESTERNUNION
Read more about Western Union
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 EUR =
4 698 635.20 MGA
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 4,698.6352 MGA

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





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

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

RemitFinder compared 8 providers for Portugal 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 Portugal

🥇 Remitly with 1 EUR = 4,839.8600 MGA (best EUR to MGA exchange rate today).

🥈 Dahabshiil offering 1 EUR = 4,793.3140 MGA.

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

The 8 providers compared today offer exchange rates from MGA 4,698.6352 to MGA 4,839.8600. On a EUR 1000 transfer from Portugal to Madagascar, that spread means up to MGA 141,224.80 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 Portugal.



Latest Exchange Rates for Sending Money to Madagascar from Portugal

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

1 EUR4,863.21 MGA
5 EUR24,316.06 MGA
10 EUR48,632.12 MGA
25 EUR121,580.29 MGA
50 EUR243,160.58 MGA
100 EUR486,321.15 MGA
150 EUR729,481.73 MGA
200 EUR972,642.30 MGA
250 EUR1,215,802.88 MGA
300 EUR1,458,963.45 MGA
400 EUR1,945,284.60 MGA
500 EUR2,431,605.75 MGA
600 EUR2,917,926.90 MGA
700 EUR3,404,248.05 MGA
800 EUR3,890,569.20 MGA
1000 EUR4,863,211.50 MGA
1500 EUR7,294,817.25 MGA
2000 EUR9,726,423.00 MGA
2500 EUR12,158,028.75 MGA
3000 EUR14,589,634.50 MGA
4000 EUR19,452,846.00 MGA
5000 EUR24,316,057.50 MGA
10000 EUR48,632,115.00 MGA
15000 EUR72,948,172.50 MGA
20000 EUR97,264,230.00 MGA
30000 EUR145,896,345.00 MGA
40000 EUR194,528,460.00 MGA
50000 EUR243,160,575.00 MGA
100000 EUR486,321,150.00 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 send money to Madagascar from Portugal?

It can get confusing when sending money from Portugal to Madagascar given so many choices. Additionally, Euro to MGA exchange rates fluctuate all the time. RemitFinder helps you compare money transfers companies to choose the best Euro to Malagasy Ariary exchange rate.

Choose Portugal to Madagascar as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Madagascar from Portugal.

To further help you maximize the return on your money, we get you access to exclusive promo codes discounts for Euro to Malagasy Ariary remittances.


How to get the best EUR to MGA remit rate?

With ever changing Euro to Malagasy Ariary remittance exchange rates, and umpteen choices, it may seem hard to choose a provider for your Portugal to Madagascar transfers.

RemitFinder provides a single place to compare many options so you can maximize the return on your EUR to Malagasy Ariary international money transfers.

To help save your time and money, we also created the RemitFinder exchange rate alert. This is a free notification to stay updated on the latest Euro to Malagasy Ariary exchange rates and ongoing deals and promo codes.


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

To send money to Madagascar from Portugal, you should try to maximize the money your recipient gets in Malagasy Ariary. Transaction speed, security and other factors notwithstanding, your biggest lever to make the most of your hard earned money is finding the cheapest EUR to MGA money transfer.

Some of the traditional ways to send money may not be the cheapest. For example, you may end up paying high fees as well as get sub optimal exchange rate on your transfer from Portugal to Madagascar.

That is why comparing providers is key. Use RemitFinder to see find the cheapest money transfer options for getting the best Portugal to Madagascar exchange rate. You also get access to many exclusive promo codes and discounts; these help reduce your cost to send Euro to Madagascar.


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

A familiar way to send money overseas to Madagascar from Portugal is to rely on your bank. Whilst this is convenient, you should look at other options.

The global remittance ecosystem has a significant number of digital money transfer companies, especially for EUR to MGA transfers.

Nowadays, there are umpteen options to send money to Madagascar instead of just your Portugal bank. Money transfer companies usually have better exchange rates and lower fees as compared to banks. You could, thus, maximize the value of your Euro even more so your recipient in Madagascar gets more MGA.


What is the fastest way to do a money transfer to Madagascar from Portugal?

If you need to convert money from EUR to MGA quickly, compare providers to see which ones can meet your timing needs. Once you identify the right provider, it is easy to send money.

The harder part might be how to identify which providers can execute fast transfers from Euro to Malagasy Ariary.

Whilst every provider is different, there are some general guidelines that will help send money fast - for example, how you fund your transfer, how your recipient gets the money, or ongoing bank holidays.

To demystify the Portugal to Madagascar remittance process, you can study our detailed guide to money transfers. Awareness of the ins and outs of money transfers will help find fastest possible choices to send money to Madagascar from Portugal.


Which are the best money transfer companies to send money from Portugal to Madagascar?

Portugal to Madagascar money transfer space is very competitive, and there are many providers competing for your business.

To make an informed decision, first decide your selection criteria. For example, do you need the money to reach Madagascar fast? Are you sending a small or large amount? Do you prefer fixed or indicative rates? Honing your preferences will help you compare providers better.

Once you have defined your parameters, selecting the best Euro to Malagasy Ariary money transfer provider is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to find the best fit.


Step by step guide to transfer money to Madagascar from Portugal

With so many choices to transfer from Euro to Malagasy Ariary, it can be difficult to pick the best provider. RemitFinder helps you compare companies and find the best one to move your funds abroad.

Once you have picked the right provider for your Portugal to Madagascar remittance, follow the below steps.

  • Create an account with your provider.
  • Provide info and documents needed by to ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Portugal and the receiver in Madagascar.
  • When you are ready, choose the amount and start your transaction.
  • At this point, the provider will take it on from here.
  • Watch out for updates on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your EUR to Malagasy Ariary money transfers. This way, you can pick whoever is the best at the time you want to send money abroad.