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Compare today's USD to MGA (US Dollar to Malagasy Ariary) exchange rates

Turks and Caicos Islands
Madagascar
USD

Interbank Exchange Rate: 1 USD = 4,425.6545 MGA
Updated about an hour ago

Found 1 Remittance Service Providers

XEMONEYTX
Read more about XE Money Transfer
(*)★★ (*)★★ (*)★★ ( )★★ ( )★★
1000 USD =
4 325 691.70 MGA
Transfer Limit (USD): No Limits
Indicative Rate1 USD = 4,325.6917 MGA
Refer a friend to earn USD 25

📢 New! Cash pickup available

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 US Dollar to Malagasy Ariary money transfers

Easily compare money transfer providers in one place to send money from Turks and Caicos Islands to Madagascar. Send money overseas to your loved ones by comparing US Dollar (USD) 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 Turks and Caicos Islands, we currently have 1 remittance service providers available.

XE Money Transfer currently offers the most competitive rate for sending money to Madagascar and their 1 USD to MGA exchange rate today is 4,325.6917.

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 Turks and Caicos Islands.

Were you looking to send money from Madagascar to Turks and Caicos Islands 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 USD to MGA Conversion Rates

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

1 USD4,425.65 MGA
5 USD22,128.27 MGA
10 USD44,256.55 MGA
25 USD110,641.36 MGA
50 USD221,282.72 MGA
100 USD442,565.45 MGA
150 USD663,848.17 MGA
200 USD885,130.90 MGA
250 USD1,106,413.63 MGA
300 USD1,327,696.35 MGA
400 USD1,770,261.80 MGA
500 USD2,212,827.25 MGA
600 USD2,655,392.70 MGA
700 USD3,097,958.15 MGA
800 USD3,540,523.60 MGA
1,000 USD4,425,654.50 MGA
1,500 USD6,638,481.75 MGA
2,000 USD8,851,309.00 MGA
2,500 USD11,064,136.25 MGA
3,000 USD13,276,963.50 MGA
4,000 USD17,702,618.00 MGA
5,000 USD22,128,272.50 MGA
10,000 USD44,256,545.00 MGA
15,000 USD66,384,817.50 MGA
20,000 USD88,513,090.00 MGA
30,000 USD132,769,635.00 MGA
40,000 USD177,026,180.00 MGA
50,000 USD221,282,725.00 MGA
100,000 USD442,565,450.00 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 to Madagascar from Turks and Caicos Islands?

It can be very confusing when sending money from Turks and Caicos Islands to Madagascar given so many choices. Additionally, United States Dollar to MGA exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Turks and Caicos Islands to Madagascar as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Madagascar from Turks and Caicos Islands. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for United States Dollar to Malagasy Ariary remittances.


How to get the best exchange rate for sending money from Turks and Caicos Islands 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 Turks and Caicos Islands. 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 USD 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 Turks and Caicos Islands 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 to transfer money from Turks and Caicos Islands to Madagascar?

The final amount your recipient gets when you send USD 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 Turks and Caicos Islands 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 United States Dollar 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.


Should I use my bank to transfer money from Turks and Caicos Islands 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 Turks and Caicos Islands 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 USD to MGA transfers.

Given this, there are umpteen additional options to send money to Madagascar instead of just your Turks and Caicos Islands 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 United States Dollar even more so that your recipient in Madagascar gets the maximum amount.


How to send money from Turks and Caicos Islands to Madagascar fast?

The first thing to do when you need to convert USD 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 United States 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 Turks and Caicos Islands 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 send money to Madagascar from Turks and Caicos Islands?

The first step in selecting the best money transfer operators for Turks and Caicos Islands to Madagascar remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for United States Dollar to Malagasy Ariary money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Madagascar.


Step by step guide to transfer money to Madagascar from Turks and Caicos Islands

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 Turks and Caicos Islands 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 Turks and Caicos Islands 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 Turks and Caicos Islands 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 USD travel to another part of the globe.