Compare today's EUR to MGA (Euro to Malagasy Ariary) exchange rates
Interbank Exchange Rate: 1 EUR = 5,227.1181 MGA
Updated about an hour ago
Found 3 Remittance Service Providers
1000 EUR =
5 172 076.80 MGA
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 5,172.0768 MGA
📢 B2B transfers only
1000 EUR =
5 141 565.00 MGA
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 5,141.5650 MGA
📢 New! Cash pickup available
1000 EUR =
5 074 236.40 MGA
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 5,074.2364 MGA
📢 Special exchange rate applied for first transfer
0 Remit Service Providers did not match the search criteria.
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.
All you need to know about Euro to Malagasy Ariary money transfers
Easily compare money transfer providers in one place to send money from Slovenia to Madagascar. Send money overseas to your loved ones by comparing Euro (EUR) 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.
When making a money transfer to Madagascar from Slovenia, we currently have 3 remittance service providers available.
Airwallex currently offers the most competitive rate for sending money to Madagascar and their 1 EUR to MGA exchange rate today is 5,172.0768.
The next best Euro to Malagasy Ariary exchange rate today for money transfers to Madagascar is offered by XE Money Transfer (1 EUR = 5,141.5650 MGA).
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 Slovenia.
Were you looking to send money from Madagascar to Slovenia 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 EUR to MGA Conversion Rates
Here are some latest EUR to MGA (Euro to Malagasy Ariary) exchange rates for popular conversion amounts*.
| 1 EUR | 5,227.12 MGA |
| 5 EUR | 26,135.59 MGA |
| 10 EUR | 52,271.18 MGA |
| 25 EUR | 130,677.95 MGA |
| 50 EUR | 261,355.90 MGA |
| 100 EUR | 522,711.81 MGA |
| 150 EUR | 784,067.72 MGA |
| 200 EUR | 1,045,423.62 MGA |
| 250 EUR | 1,306,779.53 MGA |
| 300 EUR | 1,568,135.43 MGA |
| 400 EUR | 2,090,847.24 MGA |
| 500 EUR | 2,613,559.05 MGA |
| 600 EUR | 3,136,270.86 MGA |
| 700 EUR | 3,658,982.67 MGA |
| 800 EUR | 4,181,694.48 MGA |
| 1,000 EUR | 5,227,118.10 MGA |
| 1,500 EUR | 7,840,677.15 MGA |
| 2,000 EUR | 10,454,236.20 MGA |
| 2,500 EUR | 13,067,795.25 MGA |
| 3,000 EUR | 15,681,354.30 MGA |
| 4,000 EUR | 20,908,472.40 MGA |
| 5,000 EUR | 26,135,590.50 MGA |
| 10,000 EUR | 52,271,181.00 MGA |
| 15,000 EUR | 78,406,771.50 MGA |
| 20,000 EUR | 104,542,362.00 MGA |
| 30,000 EUR | 156,813,543.00 MGA |
| 40,000 EUR | 209,084,724.00 MGA |
| 50,000 EUR | 261,355,905.00 MGA |
| 100,000 EUR | 522,711,810.00 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 Slovenia to Madagascar?
With the global remittance market booming, there are so many choices for Euro to MGA money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Madagascar from Slovenia. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.
We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final MGA amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.
How to get the best remit rate for transferring money from Slovenia 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 Slovenia 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 EUR 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 Slovenia to Madagascar?
The final amount your recipient gets when you send EUR to MGA is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.Before the dawn of the modern internet era, traditional methods to send money from Slovenia to Madagascar used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.
A great way to find the cheapest options to send Malagasy Ariary is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Euro to Madagascar exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.
How to send money to Madagascar from Slovenia through a bank?
We do not recommend using your local bank in Slovenia for your next EUR to MGA overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Slovenia to Madagascar (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.
Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending MGA to Madagascar. These companies will let you use your local bank account in Slovenia to pay for your Madagascar money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.
How to send money to Madagascar from Slovenia fast?
The speed of your Euro to Malagasy Ariary funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert EUR to MGA. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.
One possible approach that will help you send money fast to Madagascar from Slovenia is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Madagascar if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.
One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout MGA into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Slovenia bank to Madagascar bank transfer.
Which are the best money transfer companies to transfer money from Slovenia to Madagascar?
Slovenia 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 Euro 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 Slovenia
Follow the below easy steps to send money to Madagascar from Slovenia.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Slovenia bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Madagascar).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.