π USA to Madagascar Money Transfer Snapshot Today
- Best USD to MGA exchange rate today: MGA 4,188.3767, offered by MoneyGram
- Number of money transfer providers compared: 8
- Exchange rate range: MGA 4,188.3767 to MGA 4,013.2668
- Potential savings on USD 1000: MGA 175,109.90
- Number of deals and promo codes: 7
- Mid-market
βThe mid-market exchange rate (also called the interbank rate) is the real USD to MGA exchange rate before providers add their margin or fees. exchange rate: 1 USD = MGA 4,176.6003 (Updated about an hour ago)
See detailed USA to Madagascar money transfer comparison below.
USA to Madagascar money transfer providers that matched the search criteria
π’ B2B transfers only
π’ Special exchange rate applied for first transfer
π’ Special exchange rate applied for first transfer
π’ 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.
π‘What these rates mean for sending money to Madagascar from United States today
Compare top-rated money transfer providers to find the best way to remit money to Madagascar from United States. Check today's USD to MGA exchange rates, read detailed provider reviews, and discover exclusive deals and promo codes.
RemitFinder compared 8 providers for USA 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 USA
π₯ MoneyGram with 1 USD = 4,188.3767 MGA (best USD to MGA exchange rate today).
π₯ Airwallex offering 1 USD = 4,129.3593 MGA.
π₯ Western Union & BOSS Money are also providing good FX rate today.
The 8 providers compared today offer exchange rates from MGA 4,013.2668 to MGA 4,188.3767. On a USD 1000 transfer from USA to Madagascar, that spread means up to MGA 175,109.90 in potential savings β simply by choosing the right provider.
US Dollar to Malagasy Ariary exchange rates fluctuate throughout the day, and top-ranked providers can change quickly. Even a small difference in the rate offered can significantly impact how much MGA your recipient receives in Madagascar.
Compare the providers above to maximize every USD you send to Madagascar. The best US Dollar to Malagasy Ariary transfer rate 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 USA.
Latest Exchange Rates for Sending Money to Madagascar from USA
Here are some latest USD to MGA (US Dollar to Malagasy Ariary) exchange rates for popular conversion amounts*.
| 1 USD | 4,176.60 MGA |
| 5 USD | 20,883.00 MGA |
| 10 USD | 41,766.00 MGA |
| 25 USD | 104,415.01 MGA |
| 50 USD | 208,830.02 MGA |
| 100 USD | 417,660.03 MGA |
| 150 USD | 626,490.05 MGA |
| 200 USD | 835,320.06 MGA |
| 250 USD | 1,044,150.08 MGA |
| 300 USD | 1,252,980.09 MGA |
| 400 USD | 1,670,640.12 MGA |
| 500 USD | 2,088,300.15 MGA |
| 600 USD | 2,505,960.18 MGA |
| 700 USD | 2,923,620.21 MGA |
| 800 USD | 3,341,280.24 MGA |
| 1000 USD | 4,176,600.30 MGA |
| 1500 USD | 6,264,900.45 MGA |
| 2000 USD | 8,353,200.60 MGA |
| 2500 USD | 10,441,500.75 MGA |
| 3000 USD | 12,529,800.90 MGA |
| 4000 USD | 16,706,401.20 MGA |
| 5000 USD | 20,883,001.50 MGA |
| 10000 USD | 41,766,003.00 MGA |
| 15000 USD | 62,649,004.50 MGA |
| 20000 USD | 83,532,006.00 MGA |
| 30000 USD | 125,298,009.00 MGA |
| 40000 USD | 167,064,012.00 MGA |
| 50000 USD | 208,830,015.00 MGA |
| 100000 USD | 417,660,030.00 MGA |
*Based on the Mid-market Exchange Rate
What is the best way to send money to Madagascar from USA?
With the remittance market booming, there are so many choices for United States Dollar to MGA money transfers. Plus, the entry of new fintech companies makes it harder to decide which company to choose to send money overseas.Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies for sending money to Madagascar from United States. All providers on our platform are established, secure companies that our expert team has evaluated.
In addition, these providers offer you exclusive deals and promo codes; these offers help you further maximize the final MGA amount that your recipient in USA gets.
How to get the best USD to MGA remit rate?
When sending money overseas, there are a lot of options at your disposal. RemitFinder helps you to decide who to pick for your USD to Malagasy Ariary money transfers by comparing providers side by side.Our comparison engine compares numerous remittance companies and presents you with the best options for sending money from USA to Madagascar.
Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promo codes for USD to MGA remittances. With our daily free rate alert, you will never have to manually search and compare providers again.
What is the cheapest way to remit money from USA to Madagascar?
Whilst there are numerous ways to send United States Dollar to Madagascar, some come with steep fees and hidden charges. For example, if you send money from USA to Madagascar via a bank, you will pay high wire transfer fees.To find the most cost effective way for United States Dollar to Malagasy Ariary remittances, compare various providers. But doing this manually is hard and time consuming.
Use RemitFinder to compare numerous providers for getting the best USA to Madagascar exchange rate.
Another proven way to reduce your USD to MGA transfer cost is to use exclusive promo codes partners provide to RemitFinder users like you. These deals further reduce the cost of your USD to MGA remittances.
How to transfer money to Madagascar from USA through a bank?
Bank transfers are a convenient and familiar way to send money overseas from United States 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 USD 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 States to Madagascar remittances.
We, therefore, recommend that before you use your USA 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.
What is the fastest way to transfer money from United States to Madagascar?
It can be stressful to rush money from USA to Madagascar. But the good news is that there are best practices you can rely on for fast transfers.First, pick the right payment method to convert from USD to MGA. For example, bank transfers are slower as compared to cash payments.
Similarly, choose cash pickup to pay your receiver. Just be aware that the FX rate on cash transactions may not be the best, and there is risk in handling cash. Mobile airtime top up may be the next fastest option.
Transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and can vary from provider to provider. See our remittance guide to see how remittances work in general, and what factors affect the speed of your USA to Madagascar money transfers.
Which are the best money transfer companies to send money from USA to Madagascar?
The definition of "best" is personal to everyone. It may even vary from one United States to Madagascar transfer to the next.When comparing providers, check for factors like the best United States Dollar to Malagasy Ariary exchange rate, limits, fees, speed, payment and delivery methods, and deals and promotions. Use these parameter to fine tune your choices.
By doing this, you can assess which providers fit your need for MGA money transfer to Madagascar.
Finally, look for any promotions from these providers as these will lower your overall cost. This way, your recipient in Madagascar will get more money for every United States Dollar you send.
Step by step guide to do a money transfer from USA to Madagascar
The first step in sending money to Madagascar from USA is to select a money transfer provider that suits your needs. You can use RemitFinder's comparison tool to compare choices.Once you have chosen a provider, follow these steps to make your USD to MGA money transfer.
- Click through to the provider's site and register an account.
- Provide information and documentation that the provider may need for compliance and regulatory checks.
- Add recipient information including their payout info like bank account in Madagascar.
- Enter your transfer amount, and initiate the transfer.
- Pay for your transfer via your USA bank account or other methods like a Debit Card.
- Your provider should process the transfer to Madagascar.








