📈 Singapore to Madagascar Money Transfer Snapshot Today
- Best SGD to MGA exchange rate today: MGA 3,199.4523, offered by Airwallex
- Number of money transfer providers compared: 3
- Exchange rate range: MGA 3,199.4523 to MGA 3,100.5669
- Potential savings on SGD 1000: MGA 98,885.40
- Number of deals and promo codes: 0
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real SGD to MGA exchange rate before providers add their margin or fees. exchange rate: 1 SGD = MGA 3,251.2858 (Updated about an hour ago)
See detailed Singapore to Madagascar money transfer comparison below.
Singapore to Madagascar money transfer providers that matched the search criteria
📢 B2B transfers only
📢 Special exchange rate applied for first transfer
📢 New! Cash pickup available
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 Singapore today
Compare top-rated money transfer providers to find the best way to remit money to Madagascar from Singapore. Check today's SGD to MGA exchange rates, read detailed provider reviews, and discover exclusive deals and promo codes.
RemitFinder compared 3 providers for Singapore 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 Singapore
🥇 Airwallex with 1 SGD = 3,199.4523 MGA (best SGD to MGA exchange rate today).
🥈 Remitly offering 1 SGD = 3,183.3000 MGA.
🥉 XE Money Transfer is also pricing SGD-MGA competitively today.
The 3 providers compared today offer exchange rates from MGA 3,100.5669 to MGA 3,199.4523. On a SGD 1000 transfer from Singapore to Madagascar, that spread means up to MGA 98,885.40 in potential savings — simply by choosing the right provider.
Singapore Dollar 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 SGD you send to Madagascar. The best Singapore Dollar 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 Singapore.
Latest Exchange Rates for Sending Money to Madagascar from Singapore
Here are some latest SGD to MGA (Singapore Dollar to Malagasy Ariary) exchange rates for popular conversion amounts*.
| 1 SGD | 3,251.29 MGA |
| 5 SGD | 16,256.43 MGA |
| 10 SGD | 32,512.86 MGA |
| 25 SGD | 81,282.15 MGA |
| 50 SGD | 162,564.29 MGA |
| 100 SGD | 325,128.58 MGA |
| 150 SGD | 487,692.87 MGA |
| 200 SGD | 650,257.16 MGA |
| 250 SGD | 812,821.45 MGA |
| 300 SGD | 975,385.74 MGA |
| 400 SGD | 1,300,514.32 MGA |
| 500 SGD | 1,625,642.90 MGA |
| 600 SGD | 1,950,771.48 MGA |
| 700 SGD | 2,275,900.06 MGA |
| 800 SGD | 2,601,028.64 MGA |
| 1000 SGD | 3,251,285.80 MGA |
| 1500 SGD | 4,876,928.70 MGA |
| 2000 SGD | 6,502,571.60 MGA |
| 2500 SGD | 8,128,214.50 MGA |
| 3000 SGD | 9,753,857.40 MGA |
| 4000 SGD | 13,005,143.20 MGA |
| 5000 SGD | 16,256,429.00 MGA |
| 10000 SGD | 32,512,858.00 MGA |
| 15000 SGD | 48,769,287.00 MGA |
| 20000 SGD | 65,025,716.00 MGA |
| 30000 SGD | 97,538,574.00 MGA |
| 40000 SGD | 130,051,432.00 MGA |
| 50000 SGD | 162,564,290.00 MGA |
| 100000 SGD | 325,128,580.00 MGA |
*Based on the Mid-market Exchange Rate
What is the best way to transfer money from Singapore to Madagascar?
Sending money internationally to Madagascar from Singapore can be challenging given so many companies willing to move your money overseas.To make this easier, RemitFinder compares exchange rates from various providers to bring you the best choices for your Singapore Dollar to MGA money transfers.
These companies been vetted by our team to ensure you get access to safe, secure and reliable providers to send money to Madagascar from Singapore. Plus, you can take advantage of exclusive promo codes and deals so your loved ones back home get maximum MGA for every Singapore Dollar you send.
How to get the best SGD to MGA remit rate?
When sending money overseas, there are a lot of options at your disposal. RemitFinder helps you to decide who to pick for your SGD to Malagasy Ariary money transfers by comparing providers side by side.Our comparison engine compares numerous remittance companies and presents you with the best options for sending money from Singapore to Madagascar.
Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promo codes for SGD to MGA remittances. With our daily free rate alert, you will never have to manually search and compare providers again.
What is the cheapest way to send money from Singapore to Madagascar?
One key areas to watch out for is hidden fees when sending money to Madagascar from Singapore. For instance, if you send money to Madagascar using your bank, you will pay high fees. You may also not get the best exchange rate on your Malagasy Ariary FX transaction.RemitFinder partners with many money transfer companies to ensure you get the best SGD to Madagascar exchange rate. The more choices you have, the better it is.
Our partners also provide our customers with many exclusive offers and promo codes which further reduce your cost to send money to Madagascar from Singapore.
How to transfer money to Madagascar from Singapore through a bank?
We do not recommend using your bank in Singapore for your next SGD to MGA transfer. This is because banks are known to give you worse exchange rates and yet charge high fees (up to USD 35-50, or currency equivalent) - a double whammy that will make your transaction expensive.You will generally save more by relying on money transfer companies for sending MGA to Madagascar. These companies will let you use your local bank account in Singapore to pay for your Madagascar money transfer, but will likely save you a lot of money with better rates and lower fees.
How to send money from Singapore to Madagascar fast?
The speed of your Singapore Dollar to Malagasy Ariary funds transfer will depend on various factors - provider you use, how you fund your transaction and how you pay your recipient. Compare providers to find the best fit.Our comprehensive guide on remittances can help you understand important factors to convert from SGD to MGA. This will help you compare various money transfer companies to see which one can provide you with the fastest transaction.
For example, to send money fast to Madagascar from Singapore, you could use cash as payment and delivery method. But you need to go to physical locations, and there is risk involved in carrying cash.
Another fast way is to send MGA into a mobile wallet, or do a mobile airtime top up. These methods are faster than Singapore bank to Madagascar bank transfer.
Which are the best money transfer companies to send money to Madagascar from Singapore?
The definition of "best" is personal to everyone. It may even vary from one Singapore to Madagascar transfer to the next.When comparing providers, check for factors like the best Singapore Dollar to Malagasy Ariary exchange rate, limits, fees, speed, payment and delivery methods, and deals and promotions. Use these parameter to fine tune your choices.
By doing this, you can assess which providers fit your need for MGA money transfer to Madagascar.
Finally, look for any promotions from these providers as these will lower your overall cost. This way, your recipient in Madagascar will get more money for every Singapore Dollar you send.
Step by step guide to remit money to Madagascar from Singapore
Follow the below easy steps to send money to Madagascar from Singapore.- Choose a provider that meets your needs and register an account with them.
- Provide info and documentation to verify identity and address - providers need this information to secure your account and prevent fraud.
- Add your payment method to fund your transaction; generally, your Singapore bank account.
- Add recipient details (can also be your own account in Madagascar).
- Specify how the recipient will get the proceeds; for example, a bank account.
- Enter the transfer amount and start the transaction.
Whilst it's easy to send money online, the harder part may be choosing the right provider. This is where you can use RemitFinder tom easily compare money transfer companies.