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Compare today's TOP to MGA (Tongan Paanga to Malagasy Ariary) exchange rates

Tonga
Madagascar
TOP

Interbank Exchange Rate: 1 TOP = 1,838.9447 MGA
Updated about an hour ago

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All you need to know about Tongan Paanga to Malagasy Ariary money transfers

Easily compare money transfer providers in one place to send money from Tonga to Madagascar. Send money overseas to your loved ones by comparing Tongan Paanga (TOP) 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 Tonga.

Were you looking to send money from Madagascar to Tonga 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 TOP to MGA Conversion Rates

Here are some latest TOP to MGA (Tongan Paanga to Malagasy Ariary) exchange rates for popular conversion amounts*.

1 TOP1,838.94 MGA
5 TOP9,194.72 MGA
10 TOP18,389.45 MGA
25 TOP45,973.62 MGA
50 TOP91,947.24 MGA
100 TOP183,894.47 MGA
150 TOP275,841.71 MGA
200 TOP367,788.94 MGA
250 TOP459,736.18 MGA
300 TOP551,683.41 MGA
400 TOP735,577.88 MGA
500 TOP919,472.35 MGA
600 TOP1,103,366.82 MGA
700 TOP1,287,261.29 MGA
800 TOP1,471,155.76 MGA
1,000 TOP1,838,944.70 MGA
1,500 TOP2,758,417.05 MGA
2,000 TOP3,677,889.40 MGA
2,500 TOP4,597,361.75 MGA
3,000 TOP5,516,834.10 MGA
4,000 TOP7,355,778.80 MGA
5,000 TOP9,194,723.50 MGA
10,000 TOP18,389,447.00 MGA
15,000 TOP27,584,170.50 MGA
20,000 TOP36,778,894.00 MGA
30,000 TOP55,168,341.00 MGA
40,000 TOP73,557,788.00 MGA
50,000 TOP91,947,235.00 MGA
100,000 TOP183,894,470.00 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 Tonga to Madagascar?

Sending money internationally to Madagascar from Tonga 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 Tongan Paanga 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 rate to transfer money to Madagascar from Tonga?

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 Tonga 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 TOP 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 Tonga to Madagascar?

Finding the cheapest way to send money from Tonga to Madagascar might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer TOP to MGA via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Tonga to Madagascar exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


Should I use my bank to transfer money from Tonga to Madagascar?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Tonga to Madagascar money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like TOP to MGA transfers.

Given this, there are umpteen additional options to send money to Madagascar instead of just your Tonga bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Tongan Paanga even more so that your recipient in Madagascar gets the maximum amount.


How to send money from Tonga to Madagascar fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Tonga 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 TOP 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 Tongan Paanga 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 from Tonga to Madagascar?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Tonga to Madagascar, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Tongan Paanga to Malagasy Ariary exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your MGA money transfers to Madagascar. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Madagascar getting more money for every Tongan Paanga you send.


Step by step guide to do a money transfer from Tonga to Madagascar

There are many important aspects of Tonga to Madagascar remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Tonga bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include MGA bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Tongan Paanga amount you want to send from Tonga.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Madagascar to validate that they get the money once the transaction clears.