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Compare today's TMT to MGA (Turkmenistan Manat to Malagasy Ariary) exchange rates

Turkmenistan
Madagascar
TMT

Interbank Exchange Rate: 1 TMT = 1,264.3247 MGA
Updated about an hour ago

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All you need to know about Turkmenistan Manat to Malagasy Ariary money transfers

Easily compare money transfer providers in one place to send money from Turkmenistan to Madagascar. Send money overseas to your loved ones by comparing Turkmenistan Manat (TMT) 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 Turkmenistan.

Were you looking to send money from Madagascar to Turkmenistan 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 TMT to MGA Conversion Rates

Here are some latest TMT to MGA (Turkmenistan Manat to Malagasy Ariary) exchange rates for popular conversion amounts*.

1 TMT1,264.32 MGA
5 TMT6,321.62 MGA
10 TMT12,643.25 MGA
25 TMT31,608.12 MGA
50 TMT63,216.23 MGA
100 TMT126,432.47 MGA
150 TMT189,648.71 MGA
200 TMT252,864.94 MGA
250 TMT316,081.18 MGA
300 TMT379,297.41 MGA
400 TMT505,729.88 MGA
500 TMT632,162.35 MGA
600 TMT758,594.82 MGA
700 TMT885,027.29 MGA
800 TMT1,011,459.76 MGA
1,000 TMT1,264,324.70 MGA
1,500 TMT1,896,487.05 MGA
2,000 TMT2,528,649.40 MGA
2,500 TMT3,160,811.75 MGA
3,000 TMT3,792,974.10 MGA
4,000 TMT5,057,298.80 MGA
5,000 TMT6,321,623.50 MGA
10,000 TMT12,643,247.00 MGA
15,000 TMT18,964,870.50 MGA
20,000 TMT25,286,494.00 MGA
30,000 TMT37,929,741.00 MGA
40,000 TMT50,572,988.00 MGA
50,000 TMT63,216,235.00 MGA
100,000 TMT126,432,470.00 MGA

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


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

There are many good choices when it comes to sending money from Turkmenistan to Madagascar. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Turkmenistan Manat to MGA money transfers.

We compare different remittance companies to bring you the best options to send money to Madagascar from Turkmenistan. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Turkmenistan Manat to Malagasy Ariary money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for your money transfers from Turkmenistan 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 Turkmenistan 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 TMT 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 for transferring money to Madagascar from Turkmenistan?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Turkmenistan to Madagascar via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Turkmenistan Manat to Malagasy Ariary remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Turkmenistan to Madagascar exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for TMT to MGA remittances.


Should I use my bank to transfer money from Turkmenistan 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 Turkmenistan 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 TMT to MGA transfers.

Given this, there are umpteen additional options to send money to Madagascar instead of just your Turkmenistan 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 Turkmenistan Manat even more so that your recipient in Madagascar gets the maximum amount.


What is the fastest way to transfer money from Turkmenistan to Madagascar?

If you need to convert TMT to MGA as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Turkmenistan to Madagascar could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Turkmenistan Manat to Malagasy Ariary funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Madagascar.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Turkmenistan to Madagascar. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


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

Since the Turkmenistan Manat to Malagasy Ariary money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Turkmenistan that may also be able to send money to Madagascar. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your TMT to MGA money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Madagascar gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Turkmenistan to Madagascar transaction.


Step by step guide to transfer money to Madagascar from Turkmenistan

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Turkmenistan to Madagascar, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Turkmenistan to Madagascar that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Madagascar where they can receive monies in Malagasy Ariary.
  • Then, provide details of your Turkmenistan bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your TMT travel to another part of the globe.