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Compare today's VND to MGA (Vietnamese Dong to Malagasy Ariary) exchange rates

Vietnam
Madagascar
VND

Interbank Exchange Rate: 1 VND = 0.1705 MGA
Updated about an hour ago

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All you need to know about Vietnamese Dong to Malagasy Ariary money transfers

Easily compare money transfer providers in one place to send money from Vietnam to Madagascar. Send money overseas to your loved ones by comparing Vietnamese Dong (VND) 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 Vietnam.

Were you looking to send money from Madagascar to Vietnam 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 VND to MGA Conversion Rates

Here are some latest VND to MGA (Vietnamese Dong to Malagasy Ariary) exchange rates for popular conversion amounts*.

1 VND0.17 MGA
5 VND0.85 MGA
10 VND1.71 MGA
25 VND4.26 MGA
50 VND8.53 MGA
100 VND17.05 MGA
150 VND25.58 MGA
200 VND34.10 MGA
250 VND42.63 MGA
300 VND51.15 MGA
400 VND68.20 MGA
500 VND85.25 MGA
600 VND102.30 MGA
700 VND119.35 MGA
800 VND136.40 MGA
1,000 VND170.50 MGA
1,500 VND255.75 MGA
2,000 VND341.00 MGA
2,500 VND426.25 MGA
3,000 VND511.50 MGA
4,000 VND682.00 MGA
5,000 VND852.50 MGA
10,000 VND1,705.00 MGA
15,000 VND2,557.50 MGA
20,000 VND3,410.00 MGA
30,000 VND5,115.00 MGA
40,000 VND6,820.00 MGA
50,000 VND8,525.00 MGA
100,000 VND17,050.00 MGA

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


What's the best way to transfer money from Vietnam to Madagascar?

It can be very confusing when sending money from Vietnam to Madagascar given so many choices. Additionally, Vietnamese Dong 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 Vietnam 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 Vietnam. 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 Vietnamese Dong to Malagasy Ariary remittances.


How to get the best rate to transfer money to Madagascar from Vietnam?

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 Vietnam 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 VND 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 to send money to Madagascar from Vietnam?

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 Vietnam 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 Vietnamese Dong 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 Vietnam 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 VND to MGA remittances.


How to send money from Vietnam to Madagascar through a bank?

We do not recommend using your local bank in Vietnam for your next VND to MGA overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Vietnam to Madagascar (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending MGA to Madagascar. These companies will let you use your local bank account in Vietnam to pay for your Madagascar money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to do a money transfer to Madagascar from Vietnam?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Vietnam to Madagascar. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert VND to MGA fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Vietnamese Dong amount reaching Madagascar. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Malagasy Ariary quickly to Madagascar, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


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

Vietnam to Madagascar money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Madagascar as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Vietnamese Dong to Malagasy Ariary money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to transfer money to Madagascar from Vietnam

With so many possible ways to transfer Vietnamese Dong to Malagasy Ariary, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Vietnam to Madagascar remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Vietnam and the receiver in Madagascar. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your VND to Malagasy Ariary money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.