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Compare today's XCD to MGA (East Caribbean Dollar to Malagasy Ariary) exchange rates

Saint Lucia
Madagascar
XCD

Interbank Exchange Rate: 1 XCD = 1,639.7322 MGA
Updated about an hour ago

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All you need to know about East Caribbean Dollar to Malagasy Ariary money transfers

Easily compare money transfer providers in one place to send money from Saint Lucia to Madagascar. Send money overseas to your loved ones by comparing East Caribbean Dollar (XCD) 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 Saint Lucia.

Were you looking to send money from Madagascar to Saint Lucia 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 XCD to MGA Conversion Rates

Here are some latest XCD to MGA (East Caribbean Dollar to Malagasy Ariary) exchange rates for popular conversion amounts*.

1 XCD1,639.73 MGA
5 XCD8,198.66 MGA
10 XCD16,397.32 MGA
25 XCD40,993.31 MGA
50 XCD81,986.61 MGA
100 XCD163,973.22 MGA
150 XCD245,959.83 MGA
200 XCD327,946.44 MGA
250 XCD409,933.05 MGA
300 XCD491,919.66 MGA
400 XCD655,892.88 MGA
500 XCD819,866.10 MGA
600 XCD983,839.32 MGA
700 XCD1,147,812.54 MGA
800 XCD1,311,785.76 MGA
1,000 XCD1,639,732.20 MGA
1,500 XCD2,459,598.30 MGA
2,000 XCD3,279,464.40 MGA
2,500 XCD4,099,330.50 MGA
3,000 XCD4,919,196.60 MGA
4,000 XCD6,558,928.80 MGA
5,000 XCD8,198,661.00 MGA
10,000 XCD16,397,322.00 MGA
15,000 XCD24,595,983.00 MGA
20,000 XCD32,794,644.00 MGA
30,000 XCD49,191,966.00 MGA
40,000 XCD65,589,288.00 MGA
50,000 XCD81,986,610.00 MGA
100,000 XCD163,973,220.00 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 Saint Lucia 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 Saint Lucia 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 East Caribbean Dollar 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 XCD 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 Saint Lucia. 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 Saint Lucia to Madagascar?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Madagascar from Saint Lucia.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your XCD to Malagasy Ariary remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for XCD to MGA remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to send money to Madagascar from Saint Lucia?

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 Saint Lucia 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 East Caribbean Dollar 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 Saint Lucia 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 XCD to MGA remittances.


Should I use my bank to transfer money from Saint Lucia to Madagascar?

Bank transfers have been a traditionally popular way to send money overseas from Saint Lucia to Madagascar. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the XCD to MGA exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Saint Lucia bank for your Madagascar money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to transfer money from Saint Lucia to Madagascar?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Saint Lucia 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 XCD 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 East Caribbean Dollar 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 send money to Madagascar from Saint Lucia?

Saint Lucia to Madagascar money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Madagascar as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best East Caribbean Dollar to Malagasy Ariary money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money to Madagascar from Saint Lucia

The first step to send money to Madagascar from Saint Lucia 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 XCD 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 Saint Lucia 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 Saint Lucia to Madagascar.