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Compare today's QAR to MGA (Qatari Riyal to Malagasy Ariary) exchange rates

Qatar
Madagascar
QAR
Interbank Exchange Rate: 1 QAR = 1,233.8305 MGA
Updated about an hour ago

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All you need to know about Qatari Riyal to Malagasy Ariary money transfers

Easily compare money transfer providers in one place to send money from Qatar to Madagascar. Send money overseas to your loved ones by comparing Qatari Riyal (QAR) 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.

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Latest QAR to MGA Conversion Rates

Here are some latest QAR to MGA (Qatari Riyal to Malagasy Ariary) exchange rates for popular conversion amounts*.

1 QAR1,233.83 MGA
5 QAR6,169.15 MGA
10 QAR12,338.31 MGA
25 QAR30,845.76 MGA
50 QAR61,691.53 MGA
100 QAR123,383.05 MGA
150 QAR185,074.58 MGA
200 QAR246,766.10 MGA
250 QAR308,457.63 MGA
300 QAR370,149.15 MGA
400 QAR493,532.20 MGA
500 QAR616,915.25 MGA
600 QAR740,298.30 MGA
700 QAR863,681.35 MGA
800 QAR987,064.40 MGA
1,000 QAR1,233,830.50 MGA
1,500 QAR1,850,745.75 MGA
2,000 QAR2,467,661.00 MGA
2,500 QAR3,084,576.25 MGA
3,000 QAR3,701,491.50 MGA
4,000 QAR4,935,322.00 MGA
5,000 QAR6,169,152.50 MGA
10,000 QAR12,338,305.00 MGA
15,000 QAR18,507,457.50 MGA
20,000 QAR24,676,610.00 MGA
30,000 QAR37,014,915.00 MGA
40,000 QAR49,353,220.00 MGA
50,000 QAR61,691,525.00 MGA
100,000 QAR123,383,050.00 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 Qatar to Madagascar?

There are many good choices when it comes to sending money from Qatar 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 Qatari Riyal to MGA money transfers.

We compare different remittance companies to bring you the best options to send money to Madagascar from Qatar. 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 Qatari Riyal 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 sending money from Qatar 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 Qatar 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 QAR 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 to transfer money from Qatar to Madagascar?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Qatar to Madagascar via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Qatari Riyal to Malagasy Ariary remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Qatar to Madagascar exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for QAR to MGA remittances.


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

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Qatar to Madagascar money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like QAR to MGA transfers.

Given this, there are umpteen additional options to send money to Madagascar instead of just your Qatar bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Qatari Riyal even more so that your recipient in Madagascar gets the maximum amount.


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

If you need to convert QAR to MGA as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Qatar to Madagascar could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Qatari Riyal to Malagasy Ariary funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Madagascar.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Qatar to Madagascar. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


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

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 Qatar 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 Qatari Riyal 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 Qatari Riyal you send.


Step by step guide to send money from Qatar to Madagascar

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Qatar to Madagascar, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Qatar to Madagascar that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Madagascar where they can receive monies in Malagasy Ariary.
  • Then, provide details of your Qatar bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your QAR travel to another part of the globe.