📈 UK to Madagascar Money Transfer Snapshot Today
- Most MGA received for GBP 1,000 today: MGA 6,017,517.00 with Airwallex (Bank Account → Bank Account)
- Best GBP to MGA exchange rate today: MGA 6,017.5170, offered by Airwallex
- Number of money transfer providers compared: 10 providers offering 40 ways to send
- Exchange rate range: MGA 6,017.5170 to MGA 5,815.8821
- Potential savings on GBP 1,000: up to MGA 219,024.39, fees included
- Zero fee transfers: 4 of 10 providers charge no fee for GBP 1,000
- Number of deals and promo codes: 6, all exclusive to RemitFinder
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real GBP to MGA exchange rate before providers add their margin or fees. exchange rate: 1 GBP = MGA 6,060.7661 (Updated about an hour ago)
See detailed UK to Madagascar money transfer comparison below.
UK to Madagascar money transfer providers that matched the search criteria
Best value
1,000 GBP =
6 017 517.00 MGA
Total cost 7.14 GBP (0.71%)ⓘEverything this transfer costs you: the fee plus the exchange rate markup, compared with the mid-market rate.
Payment → Delivery
Bank Account → Bank Account
Fee
No fee
Exchange rate
6,017.5170
0.71% below mid-market
Speed
About 2 hours
Transfer Limit
No limits
1,000 GBP =
5 970 638.30 MGA
Total cost 14.87 GBP (1.49%)ⓘEverything this transfer costs you: the fee plus the exchange rate markup, compared with the mid-market rate.
Payment → Delivery
Bank Account, Credit Card, Trustly, Google Pay, Apple Pay or WU Pay → Mobile Wallet
Fee
No fee
Exchange rate
5,970.6383
1.49% below mid-market
Speed
Within 30 minutes estimatedⓘThis provider does not publish its delivery time. We have estimated it from typical times for this delivery method.
Transfer Limit
No limits
1,000 GBP =
5 952 140.10 MGA
Total cost 17.92 GBP (1.79%)ⓘEverything this transfer costs you: the fee plus the exchange rate markup, compared with the mid-market rate.
Payment → Delivery
Bank Account, Credit Card or Debit Card → Bank Account
Fee
No fee
Exchange rate
5,952.1401
1.79% below mid-market
Speed
2–4 days estimatedⓘThis provider does not publish its delivery time. We have estimated it from typical times for this delivery method.
Transfer Limit
No limits
1,000 GBP =
5 888 523.01 MGA
Total cost 28.54 GBP (2.85%)ⓘEverything this transfer costs you: the fee plus the exchange rate markup, compared with the mid-market rate.
Payment → Delivery
Credit Card or Debit Card → Cash Pickup
Fee
4.99 GBP
Exchange rate
5,918.0541
2.35% below mid-market
Speed
Instantly
Transfer Limit
Up to 3,390 GBP
Also offered for other amounts:
- Credit Card, Debit Card or Trustly → Mobile Wallet: Up to 830 GBP
1,000 GBP =
≈5 887 480.00 MGA
Total cost ≈ 28.59 GBP (2.86%)ⓘEverything this transfer costs you: the fee plus the exchange rate markup, compared with the mid-market rate.
Payment → Delivery
Bank Account → Bank Account
Fee
~0.00 GBP estimatedⓘThis provider does not publish its fee. We have estimated it from the average fee other providers charge for the same payment and delivery methods.
Exchange rate
5,887.4800
2.86% below mid-market
Speed
2–4 days estimatedⓘThis provider does not publish its delivery time. We have estimated it from typical times for this delivery method.
Transfer Limit
Up to 20,000 GBP
1,000 GBP =
5 867 000.00 MGA
Total cost 31.97 GBP (3.20%)ⓘEverything this transfer costs you: the fee plus the exchange rate markup, compared with the mid-market rate.
Payment → Delivery
Debit Card → Mobile Wallet
Fee
No fee
Exchange rate
5,867.0000
3.20% below mid-market
Speed
Within 30 minutes estimatedⓘThis provider does not publish its delivery time. We have estimated it from typical times for this delivery method.
Transfer Limit
Up to 99,000 GBP
1,000 GBP =
5 863 180.40 MGA
Total cost 32.63 GBP (3.26%)ⓘEverything this transfer costs you: the fee plus the exchange rate markup, compared with the mid-market rate.
Payment → Delivery
Bank Account → Mobile Wallet
Fee
0.99 GBP
Exchange rate
5,868.9907
3.16% below mid-market
Speed
Within 30 minutes estimatedⓘThis provider does not publish its delivery time. We have estimated it from typical times for this delivery method.
Transfer Limit
No limits
1,000 GBP =
5 810 412.24 MGA
Total cost 41.49 GBP (4.15%)ⓘEverything this transfer costs you: the fee plus the exchange rate markup, compared with the mid-market rate.
Payment → Delivery
Mobile Wallet → Mobile Wallet
Fee
4.99 GBP
Exchange rate
5,839.5516
3.65% below mid-market
Speed
Within 30 minutes estimatedⓘThis provider does not publish its delivery time. We have estimated it from typical times for this delivery method.
Transfer Limit
From 10 GBP
1,000 GBP =
5 810 412.24 MGA
Total cost 41.49 GBP (4.15%)ⓘEverything this transfer costs you: the fee plus the exchange rate markup, compared with the mid-market rate.
Payment → Delivery
Mobile Wallet → Mobile Wallet
Fee
4.99 GBP
Exchange rate
5,839.5516
3.65% below mid-market
Speed
Within 30 minutes estimatedⓘThis provider does not publish its delivery time. We have estimated it from typical times for this delivery method.
Transfer Limit
10 – 130,000 GBP
1,000 GBP =
5 798 492.61 MGA
Total cost 43.39 GBP (4.34%)ⓘEverything this transfer costs you: the fee plus the exchange rate markup, compared with the mid-market rate.
Payment → Delivery
Bank Account → Mobile Wallet
Fee
2.99 GBP
Exchange rate
5,815.8821
4.04% below mid-market
Speed
Within 30 minutes estimatedⓘThis provider does not publish its delivery time. We have estimated it from typical times for this delivery method.
Transfer Limit
No limits
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💡What these rates mean for sending money to Madagascar from United Kingdom today
Compare top-rated money transfer providers to find the best way to remit money to Madagascar from United Kingdom. Check today's GBP to MGA exchange rates and fees, read detailed provider reviews, and discover exclusive deals and promo codes.
RemitFinder compared 10 providers offering 40 ways to send for UK 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 UK
🥇 Airwallex with MGA 6,017,517.00 for GBP 1,000 (most MGA received today).
🥈 Western Union offering MGA 5,970,638.30.
🥉 XE Money Transfer & MoneyGram are also offering good value on GBP-MGA transfers today.
The 10 providers compared today offer exchange rates from MGA 5,815.8821 to MGA 6,017.5170. Once fees are included, a GBP 1,000 transfer from UK to Madagascar delivers between MGA 5,798,492.61 and MGA 6,017,517.00. That means up to MGA 219,024.39 more for your recipient — simply by choosing the right provider.
How you pay matters too: paying by Trustly instead of Credit Card costs MGA 7,729.64 more with MoneyGram, for the same Cash Pickup delivery.
British Pound to Malagasy Ariary exchange rates and fees change throughout the day, and top-ranked providers can change quickly. Even a small difference in the rate or fee can significantly change how much MGA your recipient receives in Madagascar.
Compare the providers above to maximize every GBP you send to Madagascar. The provider that pays the most for British Pound to Malagasy Ariary transfers 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 UK.
Latest Exchange Rates for Sending Money to Madagascar from UK
Here are some latest GBP to MGA (British Pound to Malagasy Ariary) exchange rates for popular conversion amounts*.
| 1 GBP | 6,060.77 MGA |
| 5 GBP | 30,303.83 MGA |
| 10 GBP | 60,607.66 MGA |
| 25 GBP | 151,519.15 MGA |
| 50 GBP | 303,038.31 MGA |
| 100 GBP | 606,076.61 MGA |
| 150 GBP | 909,114.91 MGA |
| 200 GBP | 1,212,153.22 MGA |
| 250 GBP | 1,515,191.53 MGA |
| 300 GBP | 1,818,229.83 MGA |
| 400 GBP | 2,424,306.44 MGA |
| 500 GBP | 3,030,383.05 MGA |
| 600 GBP | 3,636,459.66 MGA |
| 700 GBP | 4,242,536.27 MGA |
| 800 GBP | 4,848,612.88 MGA |
| 1000 GBP | 6,060,766.10 MGA |
| 1500 GBP | 9,091,149.15 MGA |
| 2000 GBP | 12,121,532.20 MGA |
| 2500 GBP | 15,151,915.25 MGA |
| 3000 GBP | 18,182,298.30 MGA |
| 4000 GBP | 24,243,064.40 MGA |
| 5000 GBP | 30,303,830.50 MGA |
| 10000 GBP | 60,607,661.00 MGA |
| 15000 GBP | 90,911,491.50 MGA |
| 20000 GBP | 121,215,322.00 MGA |
| 30000 GBP | 181,822,983.00 MGA |
| 40000 GBP | 242,430,644.00 MGA |
| 50000 GBP | 303,038,305.00 MGA |
| 100000 GBP | 606,076,610.00 MGA |
*Based on the Mid-market Exchange Rate
What is the best way to transfer money to Madagascar from UK?
It can get confusing when sending money from United Kingdom to Madagascar given so many choices. Additionally, British Pound to MGA exchange rates fluctuate all the time. RemitFinder helps you compare money transfers companies to choose the best British Pound to Malagasy Ariary exchange rate.Choose UK 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 United Kingdom.
To further help you maximize the return on your money, we get you access to exclusive promo codes discounts for British Pound to Malagasy Ariary remittances.
How to get the best GBP to MGA remittance rate?
British Pound to Malagasy Ariary exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Madagascar from UK. Another added complexity is the multitude of choices at your disposal, making manual searching time consuming and difficult.You can eliminate the manual work to search and compare providers for your GBP to Malagasy Ariary money transfers by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various companies, and send you the info you need.
This way, you do not miss out on good choices if we add new partners for the UK to Madagascar corridor.
What is the cheapest way for sending money to Madagascar from UK?
One key areas to watch out for is hidden fees when sending money to Madagascar from UK. For instance, if you send money to Madagascar using your bank, you will pay high fees. You may also not get the best exchange rate on your Malagasy Ariary FX transaction.RemitFinder partners with many money transfer companies to ensure you get the best GBP to Madagascar exchange rate. The more choices you have, the better it is.
Our partners also provide our customers with many exclusive offers and promo codes which further reduce your cost to send money to Madagascar from UK.
How to transfer money to Madagascar from UK through a bank?
Bank transfers are a convenient and familiar way to send money overseas from United Kingdom to Madagascar. But they may not be the cheapest option available to you.In general, banks charge high fees (up to USD 35-50, or currency equivalent) and provide lower GBP to MGA exchange rates. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on United Kingdom to Madagascar remittances.
We, therefore, recommend that before you use your UK bank for your Madagascar money transfers, you explore other options to carefully review your total cost as well as the exchange rate you will get. Combined, these two factors will impact how much Malagasy Ariary your recipient gets in Madagascar.
How to remit money to Madagascar from United Kingdom fast?
If you need to send from GBP to MGA fast, you could pay with cash, and have your recipient do a cash pickup overseas. That said, handling cash can be a safety issue. Plus, cash transactions come with a worse exchange rate.Another option to move money quickly from UK to Madagascar is sending to a mobile wallet.
There are many factors that have an impact on your British Pound to Malagasy Ariary funds transfer speed. Read our complete guide to remittances to learn how to make fast money transfers.
With many choices available, compare providers to remit money from UK to Madagascar. Once you understand the factors that affect transfer speed, you can minimize the time your money is in transit.
Which are the best money transfer companies to transfer money from UK to Madagascar?
The first step in selecting the best money transfer operators for United Kingdom 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 British Pound to Malagasy Ariary money transfers. Using promo codes can help reduce your cost further when sending money overseas.
Step by step guide to send money from UK to Madagascar
Follow the below easy steps to send money to Madagascar from UK.- Choose a provider that meets your needs and register an account with them.
- Provide info and documentation to verify identity and address - providers need this information to secure your account and prevent fraud.
- Add your payment method to fund your transaction; generally, your UK bank account.
- Add recipient details (can also be your own account in Madagascar).
- Specify how the recipient will get the proceeds; for example, a bank account.
- Enter the transfer amount and start the transaction.
Whilst it's easy to send money online, the harder part may be choosing the right provider. This is where you can use RemitFinder tom easily compare money transfer companies.