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Compare today's SRD to MGA (Surinamese Dollar to Malagasy Ariary) exchange rates

Suriname
Madagascar
SRD

Interbank Exchange Rate: 1 SRD = 116.9436 MGA
Updated about an hour ago

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All you need to know about Surinamese Dollar to Malagasy Ariary money transfers

Easily compare money transfer providers in one place to send money from Suriname to Madagascar. Send money overseas to your loved ones by comparing Surinamese Dollar (SRD) 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 Suriname.

Were you looking to send money from Madagascar to Suriname 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 SRD to MGA Conversion Rates

Here are some latest SRD to MGA (Surinamese Dollar to Malagasy Ariary) exchange rates for popular conversion amounts*.

1 SRD116.94 MGA
5 SRD584.72 MGA
10 SRD1,169.44 MGA
25 SRD2,923.59 MGA
50 SRD5,847.18 MGA
100 SRD11,694.36 MGA
150 SRD17,541.54 MGA
200 SRD23,388.72 MGA
250 SRD29,235.90 MGA
300 SRD35,083.08 MGA
400 SRD46,777.44 MGA
500 SRD58,471.80 MGA
600 SRD70,166.16 MGA
700 SRD81,860.52 MGA
800 SRD93,554.88 MGA
1,000 SRD116,943.60 MGA
1,500 SRD175,415.40 MGA
2,000 SRD233,887.20 MGA
2,500 SRD292,359.00 MGA
3,000 SRD350,830.80 MGA
4,000 SRD467,774.40 MGA
5,000 SRD584,718.00 MGA
10,000 SRD1,169,436.00 MGA
15,000 SRD1,754,154.00 MGA
20,000 SRD2,338,872.00 MGA
30,000 SRD3,508,308.00 MGA
40,000 SRD4,677,744.00 MGA
50,000 SRD5,847,180.00 MGA
100,000 SRD11,694,360.00 MGA

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Suriname to Madagascar money transfers?

Sending money internationally to Madagascar from Suriname can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Surinamese Dollar to MGA remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Madagascar. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Malagasy Ariary.


How to get the best exchange rate for sending money from Suriname to Madagascar?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Madagascar from Suriname. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your SRD to Malagasy Ariary money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Suriname to Madagascar corridor to give you more good choices for your next MGA money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way for transferring money to Madagascar from Suriname?

When you want to send money to Madagascar from Suriname, you obviously want the cheapest possible option to maximize the money your recipient gets in Malagasy Ariary. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your SRD to MGA money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Suriname to Madagascar. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Suriname to Madagascar exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Malagasy Ariary overseas.


How to send money from Suriname to Madagascar through a bank?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low SRD to MGA exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Suriname to Madagascar money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Madagascar from Suriname. They do this by letting you fund your transaction through your local bank account in Suriname, and by allowing you to choose the payout to be your recipient's 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 Suriname?

The first thing to do when you need to convert SRD to MGA quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Surinamese Dollar and Malagasy Ariary. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Suriname to Madagascar remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Madagascar.


Which are the best money transfer companies to transfer money to Madagascar from Suriname?

Suriname 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 Surinamese 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 do a money transfer from Suriname to Madagascar

With so many possible ways to transfer Surinamese Dollar to Malagasy Ariary, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Suriname to Madagascar remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Suriname and the receiver in Madagascar. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your SRD to Malagasy Ariary money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.