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South Africa
Madagascar
ZAR

📈 South Africa to Madagascar Money Transfer Snapshot Today

  • Best ZAR to MGA exchange rate today: MGA 243.2359, offered by WorldRemit
  • Number of money transfer providers compared: 1
  • Number of deals and promo codes: 2
  • Mid-marketⓘThe mid-market exchange rate (also called the interbank rate) is the real ZAR to MGA exchange rate before providers add their margin or fees. exchange rate: 1 ZAR = MGA 250.8979 (Updated about an hour ago)

See detailed South Africa to Madagascar money transfer comparison below.

South Africa to Madagascar money transfer providers that matched the search criteria

WORLDREMIT
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1000 ZAR =
243 235.90 MGA
Transfer Limit (ZAR): No Limits
Locked-In Rate1 ZAR = 243.2359 MGA
Refer a friend to earn ZAR 250
Get 3 free transfers

📢 Special exchange rate applied for first transfer

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 South Africa today

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

RemitFinder compared 1 provider for South Africa 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 South Africa

🥇 WorldRemit with 1 ZAR = 243.2359 MGA (best ZAR to MGA exchange rate today).

South African Rand 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 ZAR you send to Madagascar. The best South African Rand 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 South Africa.



Latest Exchange Rates for Sending Money to Madagascar from South Africa

Here are some latest ZAR to MGA (South African Rand to Malagasy Ariary) exchange rates for popular conversion amounts*.

1 ZAR250.90 MGA
5 ZAR1,254.49 MGA
10 ZAR2,508.98 MGA
25 ZAR6,272.45 MGA
50 ZAR12,544.90 MGA
100 ZAR25,089.79 MGA
150 ZAR37,634.69 MGA
200 ZAR50,179.58 MGA
250 ZAR62,724.48 MGA
300 ZAR75,269.37 MGA
400 ZAR100,359.16 MGA
500 ZAR125,448.95 MGA
600 ZAR150,538.74 MGA
700 ZAR175,628.53 MGA
800 ZAR200,718.32 MGA
1000 ZAR250,897.90 MGA
1500 ZAR376,346.85 MGA
2000 ZAR501,795.80 MGA
2500 ZAR627,244.75 MGA
3000 ZAR752,693.70 MGA
4000 ZAR1,003,591.60 MGA
5000 ZAR1,254,489.50 MGA
10000 ZAR2,508,979.00 MGA
15000 ZAR3,763,468.50 MGA
20000 ZAR5,017,958.00 MGA
30000 ZAR7,526,937.00 MGA
40000 ZAR10,035,916.00 MGA
50000 ZAR12,544,895.00 MGA
100000 ZAR25,089,790.00 MGA

*Based on the Mid-market Exchange RateⓘThe mid-market exchange rate (also called the interbank rate) is the real ZAR 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 transfer money from South Africa to Madagascar?

There are many good choices when it comes to sending money from South Africa to Madagascar. With RemitFinder, you can easily compare numerous providers to get the best remit rates on your South African Rand to MGA money transfers.

We compare different remittance companies to bring you the best options to send money to Madagascar from South Africa. These trusted partners offer you their best ZAR to MGA exchange rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promo codes; these help you further maximize the yield on your South African Rand to Malagasy Ariary money transfers.


How to get the best ZAR to MGA transfer rate?

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

RemitFinder provides a single place to compare many options so you can maximize the return on your ZAR 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 South African Rand to Malagasy Ariary exchange rates and ongoing deals and promo codes.


What is the cheapest way to send money from South Africa to Madagascar?

To send money to Madagascar from South Africa, 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 ZAR 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 South Africa to Madagascar.

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


How to send money from South Africa to Madagascar through a bank?

There are two major ways that banks in South Africa make money on international funds transfers. First, by charging steep transaction fees (up to USD 35-50, or currency equivalent), and second, by providing a low ZAR to MGA exchange rate.

One simple way to maximizing your payout is by minimizing the fees on South Africa to Madagascar money you send, whilst looking for the best rate.

Most remittance companies offer bank to bank transfers for sending money to Madagascar from South Africa. You do this by funding your transfer with your bank account in South Africa, and by paying your recipient in their bank account in Madagascar. But you are likely to get much better rates and lower fees compared to your bank.


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

The speed of your South African Rand 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 ZAR 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 South Africa, 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 South Africa bank to Madagascar bank transfer.


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

The first step in selecting the best money transfer operators for South Africa to Madagascar remittances is to have a list of potential companies that you could use. You can rely on RemitFinder to compare several providers easily.

The next part in deciding parameters on which you want to compare providers. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another useful criteria is coupons and deals for South African Rand to Malagasy Ariary money transfers. Using promo codes can help reduce your cost further when sending money overseas.


Step by step guide to transfer money to Madagascar from South Africa

The first step in sending money to Madagascar from South Africa is to select a money transfer provider that suits your needs. You can use RemitFinder's comparison tool to compare choices.

Once you have chosen a provider, follow these steps to make your ZAR to MGA money transfer.

  • Click through to the provider's site and register an account.
  • Provide information and documentation that the provider may need for compliance and regulatory checks.
  • Add recipient information including their payout info like bank account in Madagascar.
  • Enter your transfer amount, and initiate the transfer.
  • Pay for your transfer via your South Africa bank account or other methods like a Debit Card.
  • Your provider should process the transfer to Madagascar.

The provider will notify you of the progress on your transfer. Many companies also have mobile apps; you can use that to track the real time status of your transfer from South Africa to Madagascar.