Best Way to Send Money to Madagascar from USA (USD to MGA)

Sending money from USA to Madagascar: what today's data shows

RemitFinder compares 9 providers and 35 ways to send money from USA to Madagascar. The mid-market rate is MGA 4,515.4824 per USD. 7 providers have no-fee options. The fastest published delivery is instant.

🧭 What is the best way to send money to Madagascar from USA?

It depends on how you pay, how your recipient wants the money and how much you send. RemitFinder compares 9 providers offering 35 ways to send US Dollar (USD) to Malagasy Ariary (MGA).

💰 Most MGA received today, by amount sent:

Four providers rank in the top three at one or more of these amounts: MoneyGram, Airwallex, Western Union and Remitly.

At USD 1,000, the top three providers are MoneyGram, Airwallex and Remitly, giving MGA 4,520,287.40, MGA 4,511,814.60 and ≈ MGA 4,486,320.00 respectively. MGA 33,967.40 separates MoneyGram in first place from Remitly in third.

The leaders change with the amount you send. Compare providers at your own amount: the cards above rank every way to send for it, fees included.

🔀 Ways to receive, with the most received at USD 1,000:

Mobile Wallet is the most widely offered way to receive, with 6 providers, followed by Bank Account (3), Cash Pickup (2) and Debit Card (1). At USD 1,000, receiving in a Mobile Wallet gets your recipient the most: up to MGA 4,520,287.40.

💱 How to get the best USD to MGA exchange rate?

The mid-market US Dollar to Malagasy Ariary rate today is MGA 4,515.4824 per USD. Providers add a markup to it, so compare the rate each one gives you, not the mid-market rate.

At that rate, USD 1,000 is MGA 4,515,482.40, and each 1% of markup costs about MGA 45,154.82.

• 📊 Rates run from MGA 4,364.568 to MGA 4,520.2874 per USD across all amounts. The top three rates are from MoneyGram (MGA 4,520.2874 for transfers up to USD 1,000), Airwallex (MGA 4,511.8146) and Remitly (MGA 4,486.32 for transfers up to USD 20,000).
• 📏 Typical markup: 1.50%. The median provider's best rate is 1.50% below the mid-market rate.
• ✅ MoneyGram offers a rate above the mid-market rate on some amounts.
• 💳 How you pay rarely changes the rate. At USD 1,000, 3 of the 4 providers that offer more than one way to pay give the same rate whichever you choose. Payment methods differ mostly in their fees.

How your recipient gets the money changes the rate. The median provider's best rate is 0.37% below the mid-market rate for money received as Cash Pickup, 0.65% below it in a Bank Account, 0.74% below it on a Debit Card and 1.89% below it in a Mobile Wallet.

💸 What is the cheapest way to send money to Madagascar from USA?

At USD 1,000, the three cheapest providers today are MoneyGram (paying by Debit Card, received in a Mobile Wallet), Airwallex (paying from a Bank Account, received in a Bank Account) and Remitly (paying from a Bank Account, received in a Bank Account). With these providers, your recipient gets MGA 4,520,287.40, MGA 4,511,814.60 and ≈ MGA 4,486,320.00 respectively.

💸 Total cost (fee + exchange-rate markup) by amount:

Below zero (−) is better than the mid-market rate^ⓘ A total cost below zero (−) means the provider's exchange rate is better than the mid-market rate, so your recipient gets more than your amount converted at the mid-market rate, even after the fee.

The typical total cost is 1.65% at USD 200, 1.50% at USD 1,000 and 2.87% at USD 5,000. At USD 1,000, one of the three cheapest providers has a total cost below zero, so your recipient gets more than at the mid-market rate.

Total cost is the fee plus the exchange-rate markup, as a share of the amount sent.

💳 Cheapest way to pay, at USD 1,000:

Below zero (−) is better than the mid-market rate^ⓘ A total cost below zero (−) means the provider's exchange rate is better than the mid-market rate, so your recipient gets more than your amount converted at the mid-market rate, even after the fee.

Paying in Cash has the lowest typical total cost at USD 1,000 (−0.03%), and paying with Google Pay the highest (3.74%). On USD 1,000, that difference is worth about MGA 170,313 more to your recipient.^ⓘ A total cost below zero (−) means the provider's exchange rate is better than the mid-market rate, so your recipient gets more than your amount converted at the mid-market rate, even after the fee.

🏦 Cheapest way to receive, at USD 1,000:

Receiving as Cash Pickup has the lowest typical total cost at USD 1,000 (0.70%), and receiving in a Bank Account the highest (2.87%). On USD 1,000, that difference is worth about MGA 98,045 more to your recipient.

🔗 Cheapest pay and receive combinations, at USD 1,000:

Below zero (−) is better than the mid-market rate^ⓘ A total cost below zero (−) means the provider's exchange rate is better than the mid-market rate, so your recipient gets more than your amount converted at the mid-market rate, even after the fee.

The cheapest combination is paying in Cash, received in a Mobile Wallet, with a typical total cost of −0.11%, so your recipient typically gets more than at the mid-market rate. The most expensive is paying by Credit Card, received in a Bank Account, at 5.87%.^ⓘ A total cost below zero (−) means the provider's exchange rate is better than the mid-market rate, so your recipient gets more than your amount converted at the mid-market rate, even after the fee.

On USD 1,000, your recipient typically gets MGA 4,520,287.40 with the cheapest combination and MGA 4,254,371.69 with the most expensive: MGA 265,915.71 more with the cheapest combination.

Choosing well is worth MGA 265,915.71 more on USD 1,000. The most your recipient can get today is MGA 4,520,287.40, and the least is MGA 4,254,371.69.

• 🧮 Fixed fees weigh most on small transfers. A typical fixed fee of USD 4 is 2.00% of USD 200 but only 0.08% of USD 5,000.
• 🆓 7 providers charge no fee on some ways to send or some amounts: Airwallex, BOSS Money, MoneyGram, Sendwave, Taptap Send, Western Union and XE Money Transfer.

≈ marks amounts that include an estimated fee, where a provider does not publish its own.

🏦 How to send money from USA to Madagascar through a bank?

7 providers accept payment by Bank Transfer. Your recipient can receive the money in a Bank Account with 3 providers.

Bank Transfer or Card? At USD 1,000, the typical total cost is 1.01% paying by Debit Card, 1.01% paying by ACH, 2.08% paying from a Bank Account and 3.74% paying by Credit Card.

• ⏱️ Money typically arrives in a Bank Account in 2–4 days, and Airwallex publishes delivery in about 2 hours.
• 🧾 What you need: the recipient's full name, bank name and account number, plus the bank's code.

Find the bank code: SWIFT codes for banks in Madagascar.

⚡ How to send money from USA to Madagascar fast?

The fastest published delivery arrives instantly, with MoneyGram (Cash Pickup).

By the times providers publish, money can arrive within 30 minutes in a Mobile Wallet, in about 2 hours in a Bank Account and instantly as Cash Pickup. Where no time is published, money typically arrives on a Debit Card in 1–2 days.

Delivery times are those providers publish, or typical times for the delivery method where they publish none. Actual times can vary with identity checks, bank cut-off times and public holidays.

🏆 Which are the best money transfer companies to send money to Madagascar from USA?

There's no single best company: it depends on the amount and how you send. These are today's standouts, each by a measured figure.

• 🥇 MoneyGram, Airwallex and Remitly give your recipient the most on USD 1,000 today.
• 💱 MoneyGram, Airwallex and Remitly offer the highest exchange rates, from MGA 4,486.32 to MGA 4,520.2874 per USD.
• 🔀 Western Union offers the most ways to send (15), followed by MoneyGram (6) and BOSS Money (5).
• 💵 MoneyGram and Western Union offer Cash Pickup in Madagascar.
• 🆓 7 providers have no-fee options.
• ⚡ MoneyGram publishes the fastest delivery: instant.
• 🎁 5 providers have RemitFinder deals for this corridor.

📋 All 9 providers, by what your recipient gets for USD 1,000:

At USD 1,000, all 9 providers accept the transfer. Among them, your recipient gets between MGA 4,385,950.20 and MGA 4,520,287.40, and half of the providers give at least MGA 4,447,649.90.

Below are the details for each provider, in alphabetical order: its exchange rate, fees, ways to pay and receive, delivery times, limits and what your recipient gets.

Airwallex USD to MGA exchange rate today

• 💱 Airwallex's US Dollar to Malagasy Ariary exchange rate is MGA 4,511.8146 per USD, 0.08% below the mid-market rate.
• 💸 Airwallex charges no fee.
• 🏦 With Airwallex, you pay from a Bank Account, and your recipient gets the money in a Bank Account.
• ⏱️ With Airwallex, money arrives in a Bank Account in about 2 hours.
• 💰 On USD 1,000, your recipient gets MGA 4,511,814.60 with Airwallex (paying from a Bank Account, received in a Bank Account).

BOSS Money USD to MGA exchange rate today

• 💱 BOSS Money's US Dollar to Malagasy Ariary exchange rate runs from MGA 4,364.568 to MGA 4,447.6499 per USD. Its best rate applies to transfers of USD 10 to USD 2,000 and is 1.50% below the mid-market rate.
• 💸 BOSS Money charges no fee when you pay from a Bank Account, by Debit Card, by Mobile Wallet or by BOSS Money Wallet and USD 4.99 (USD 9.99 from USD 250.01, USD 12.99 from USD 500.01, USD 18.99 from USD 750.01, 3% from USD 1,000.01) when you pay by Credit Card.
• 🏦 With BOSS Money, you pay from a Bank Account, by Credit Card, by Debit Card, by Mobile Wallet or by BOSS Money Wallet, and your recipient gets the money in a Mobile Wallet.
• ⏱️ With BOSS Money, money arrives in a Mobile Wallet typically within 30 minutes.
• 📏 BOSS Money accepts USD 10 to USD 5,000 per transfer.
• 💰 On USD 1,000, your recipient gets MGA 4,447,649.90 with BOSS Money (paying from a Bank Account, received in a Mobile Wallet).
• 🎁 RemitFinder exclusives for BOSS Money: $0 Fee on first 3 transfers; Refer a friend to earn USD 25.

MoneyGram USD to MGA exchange rate today

• 💱 MoneyGram's US Dollar to Malagasy Ariary exchange rate runs from MGA 4,431.8685 to MGA 4,520.2874 per USD. Its best rate applies to transfers up to USD 1,000 and is 0.11% above the mid-market rate.
• 💸 MoneyGram charges no fee when you pay by Debit Card or in Cash. When you pay by Credit Card, it charges 3.5% + USD 4.99 (3% + USD 4.99 from USD 700, 2.5% + USD 5 from USD 1,039) when your recipient gets the money as Cash Pickup and 3% when your recipient gets the money in a Mobile Wallet.
• 🏦 With MoneyGram, you pay by Credit Card, by Debit Card or in Cash, and your recipient gets the money as Cash Pickup or in a Mobile Wallet.
• ⏱️ With MoneyGram, money arrives as Cash Pickup instantly and in a Mobile Wallet within 30 minutes.
• 📏 MoneyGram accepts up to USD 4,450 per transfer.
• 💰 On USD 1,000, your recipient gets MGA 4,520,287.40 with MoneyGram (paying by Debit Card, received in a Mobile Wallet).

Remitly USD to MGA exchange rate today

• 💱 Remitly's US Dollar to Malagasy Ariary exchange rate is MGA 4,486.32 per USD, 0.65% below the mid-market rate.
• 💸 Remitly's fee is not published for USD to MGA transfers, so amounts here include an estimated fee.
• 🏦 With Remitly, you pay from a Bank Account, and your recipient gets the money in a Bank Account.
• ⏱️ With Remitly, money arrives in a Bank Account typically in 2–4 days.
• 📏 Remitly accepts up to USD 20,000 per transfer.
• 💰 On USD 1,000, your recipient gets about MGA 4,486,320.00 with Remitly (paying from a Bank Account, received in a Bank Account).

Sendwave USD to MGA exchange rate today

• 💱 Sendwave's US Dollar to Malagasy Ariary exchange rate is MGA 4,395.0632 per USD, 2.67% below the mid-market rate.
• 💸 Sendwave charges no fee.
• 🏦 With Sendwave, you pay from a Bank Account, and your recipient gets the money in a Mobile Wallet.
• ⏱️ With Sendwave, money arrives in a Mobile Wallet typically within 30 minutes.
• 💰 On USD 1,000, your recipient gets MGA 4,395,063.20 with Sendwave (paying from a Bank Account, received in a Mobile Wallet).
• 🎁 RemitFinder exclusives for Sendwave: Get USD 10 credit for first transfer; No transfer fees.

Taptap Send USD to MGA exchange rate today

• 💱 Taptap Send's US Dollar to Malagasy Ariary exchange rate is MGA 4,413.00 per USD, 2.27% below the mid-market rate.
• 💸 Taptap Send charges no fee.
• 🏦 With Taptap Send, you pay by Debit Card, and your recipient gets the money in a Mobile Wallet.
• ⏱️ With Taptap Send, money arrives in a Mobile Wallet typically within 30 minutes.
• 📏 Taptap Send accepts up to USD 10,000 per transfer.
• 💰 On USD 1,000, your recipient gets MGA 4,413,000.00 with Taptap Send (paying by Debit Card, received in a Mobile Wallet).

Western Union USD to MGA exchange rate today

• 💱 Western Union's US Dollar to Malagasy Ariary exchange rate runs from MGA 4,457.934 to MGA 4,483.9957 per USD. Its best rate applies to all amounts and is 0.70% below the mid-market rate.
• 💸 Western Union charges 3% when you pay by Credit Card or with Google Pay and no fee when you pay by Debit Card, with Apple Pay or by ACH.
• 🏦 With Western Union, you pay by Credit Card, by Debit Card, with Google Pay, with Apple Pay or by ACH, and your recipient gets the money as Cash Pickup, in a Mobile Wallet or on a Debit Card.
• ⏱️ With Western Union, money arrives as Cash Pickup typically within 2 hours, in a Mobile Wallet typically within 30 minutes and on a Debit Card typically in 1–2 days.
• 💰 On USD 1,000, your recipient gets MGA 4,483,995.70 with Western Union (paying by Debit Card, received as Cash Pickup).
• 🎁 RemitFinder exclusives for Western Union: Refer a friend to earn USD 20; Get first transfer free in US.

WorldRemit USD to MGA exchange rate today

• 💱 WorldRemit's US Dollar to Malagasy Ariary exchange rate is MGA 4,395.0632 per USD, 2.67% below the mid-market rate.
• 💸 WorldRemit charges USD 1.99.
• 🏦 With WorldRemit, you pay from a Bank Account, and your recipient gets the money in a Mobile Wallet.
• ⏱️ With WorldRemit, money arrives in a Mobile Wallet typically within 30 minutes.
• 💰 On USD 1,000, your recipient gets MGA 4,386,317.02 with WorldRemit (paying from a Bank Account, received in a Mobile Wallet).
• 🎁 RemitFinder exclusives for WorldRemit: Get 3 free transfers; Refer a friend to earn USD 20.

XE Money Transfer USD to MGA exchange rate today

• 💱 XE Money Transfer's US Dollar to Malagasy Ariary exchange rate is MGA 4,385.9502 per USD, 2.87% below the mid-market rate.
• 💸 XE Money Transfer charges USD 4 (no fee from USD 1,000) when you pay from a Bank Account or by ACH, 3% + USD 4 (3% from USD 1,000) when you pay by Credit Card and 0.5% + USD 4 (0.5% from USD 1,000) when you pay by Debit Card.
• 🏦 With XE Money Transfer, you pay from a Bank Account, by Credit Card, by Debit Card or by ACH, and your recipient gets the money in a Bank Account.
• ⏱️ With XE Money Transfer, money arrives in a Bank Account typically in 2–4 days.
• 💰 On USD 1,000, your recipient gets MGA 4,385,950.20 with XE Money Transfer (paying from a Bank Account, received in a Bank Account).
• 🎁 RemitFinder exclusive for XE Money Transfer: Refer a friend to earn USD 25.

Limits are those providers publish to RemitFinder. What you can actually send depends on the provider's checks, your account and the rules in both countries.

🪜 Step by step guide to send money from USA to Madagascar

1. Compare providers. RemitFinder lists 9 providers and 35 ways to send; the cards above rank them for your amount.
2. Choose how to pay. At USD 1,000, paying in Cash has the lowest typical total cost (−0.03%).^ⓘ A total cost below zero (−) means the provider's exchange rate is better than the mid-market rate, so your recipient gets more than your amount converted at the mid-market rate, even after the fee.
3. Choose how your recipient gets the money. Mobile Wallet (6 providers), Bank Account (3 providers), Cash Pickup (2 providers) or Debit Card (1 provider), including Airtel, MVola, Orange and Paositra Cash Pickup.
4. Check the limits. Published maximums start at USD 4,450 per transfer. What you can send also depends on the provider's checks and the rules in both countries.
5. Sign up and verify your identity. Providers need ID before your first transfer.
6. Add your recipient's details. Name and Bank Account details, or their name as on their ID for Cash Pickup. Find the bank code: SWIFT codes for banks in Madagascar.
7. Pay and track the transfer. The fastest published delivery arrives instantly. Money typically arrives in a Bank Account in 2–4 days.

Frequently Asked Questions: Sending money to Madagascar from USA

These FAQs use data from RemitFinder's live comparison of 9 providers for USA to Madagascar money transfers.

• How do I send money from USA to Madagascar?

  Compare 9 providers on RemitFinder, choose how you pay and how your recipient gets the money, then send online with the provider you pick.

• What is the best way to send money to Madagascar from USA?

  At USD 1,000, MoneyGram, Airwallex and Remitly give your recipient the most today: MGA 4,520,287.40, MGA 4,511,814.60 and ≈ MGA 4,486,320.00 respectively. The best way changes with the amount, so compare at yours.

• What is the cheapest way to send money to Madagascar?

  At USD 1,000, the cheapest providers today are MoneyGram, Airwallex and Remitly. The cheapest combination is paying in Cash, received in a Mobile Wallet, with a typical total cost of −0.11%. 7 providers charge no fee on some ways to send or some amounts, and the exchange-rate markup decides the rest. RemitFinder ranks every way to send by what your recipient gets, fees included.

• How much can I save by comparing providers to send money to Madagascar?

  At USD 1,000, your recipient gets between MGA 4,254,371.69 and MGA 4,520,287.40, depending on the provider and how you send. Comparing can get them MGA 265,915.71 more on one transfer. MoneyGram gives the most today, paying by Debit Card, received in a Mobile Wallet.

• What is the USD to MGA exchange rate today?

  The mid-market rate is MGA 4,515.4824 per USD. Providers' rates run from MGA 4,364.568 to MGA 4,520.2874.

• Can I get a better rate than the mid-market USD to MGA rate?

  Yes. MoneyGram offers a rate above the mid-market rate on some amounts today, so your recipient can get more than your amount converted at the mid-market rate. Rates like these can depend on the amount, how you pay or a first-transfer offer, so check the provider's terms.

• Exchange rate or fee: what matters more when you send money to Madagascar?

  At USD 200, the typical fee is 0.00% of the amount, and the typical exchange rate has a markup of 0.74%. At USD 5,000, the typical fee is 0.00% of the amount, and the typical exchange rate has a markup of 1.27%. So the exchange rate matters more at every amount shown. Compare both: the cards above rank every way to send with both included.

• Does sending more money to Madagascar lower the cost?

  Not always. The typical total cost is 1.65% at USD 200, 1.50% at USD 1,000 and 2.87% at USD 5,000.

• Which payment method is cheapest for sending money from USA to Madagascar?

  Paying in Cash has the lowest typical total cost at USD 1,000 (−0.03%), and paying with Google Pay the highest (3.74%). On USD 1,000, that difference is worth about MGA 170,313 more to your recipient. The provider giving your recipient the most when paying in Cash is MoneyGram.

• Is Debit Card cheaper than Credit Card for sending money to Madagascar?

  Yes. At USD 1,000, paying by Debit Card has a typical total cost of 1.01%, compared with 3.74% paying by Credit Card. On USD 1,000, that difference is worth about MGA 123,414 more to your recipient. Your card issuer may also charge a cash advance fee when you pay by Credit Card.

• Which delivery method is cheapest for sending money to Madagascar from USA?

  Receiving as Cash Pickup has the lowest typical total cost at USD 1,000 (0.70%), and receiving in a Bank Account the highest (2.87%). On USD 1,000, that difference is worth about MGA 98,045 more to your recipient. The providers giving your recipient the most when receiving as Cash Pickup are MoneyGram and Western Union.

• Is Bank Account cheaper than Cash Pickup for sending money to Madagascar?

  No. At USD 1,000, receiving in a Bank Account has a typical total cost of 2.87%, compared with 0.70% receiving as Cash Pickup. On USD 1,000, that difference is worth about MGA 98,045 more to your recipient. Money typically arrives in a Bank Account in 2–4 days, and Cash Pickup is typically ready within 2 hours.

• How can I send cash to Madagascar from USA?

  MoneyGram and Western Union offer Cash Pickup in Madagascar. By published times, Cash Pickup can be ready instantly with MoneyGram.

• Which mobile wallets can receive money in Madagascar?

  BOSS Money, MoneyGram, Sendwave, Taptap Send, Western Union and WorldRemit send to Mobile Wallet accounts in Madagascar, including Airtel, MVola, Orange and Paositra Cash Pickup.

• What is the fastest way to send money to Madagascar?

  By their published times, MoneyGram delivers fastest, instantly.

• Can I send money from USA to Madagascar instantly?

  Yes. MoneyGram publishes delivery within an hour on some ways to send. On USD 1,000, the most your recipient gets that fast is MGA 4,520,287.40, with MoneyGram (paying by Debit Card, received in a Mobile Wallet).

• How much money can I send to Madagascar from USA?

  Each provider sets its own limits. The lowest published maximum is USD 4,450, and 5 of 9 providers publish no maximum. Checks and the rules in both countries also apply.

• Can I send money to Madagascar without fees?

  Yes, with Airwallex, BOSS Money, MoneyGram, Sendwave, Taptap Send, Western Union and XE Money Transfer on some ways to send or some amounts. Check the exchange rate too, as a no-fee transfer can still carry a markup.

• Which providers send money from USA to Madagascar?

  RemitFinder compares 9 providers: Airwallex, BOSS Money, MoneyGram, Remitly, Sendwave, Taptap Send, Western Union, WorldRemit and XE Money Transfer.

• Which app is best to send money to Madagascar?

  It depends on your amount and how you pay. RemitFinder compares 9 providers and ranks every way to send for the amount you enter.