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Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 87% of United States to Madagascar searches, and was the top rated company out of 7 that support USD to MGA.
So for a great mix of cost, speed & features, make your United States to Madagascar transfer using Wise.
How to get the best deal on your United States to Madagascar transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from United States to Madagascar.
- Choose a provider
Select the provider that offers you the best value & service for your needs
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Important things to consider before sending money from United States to Madagascar
Don't settle for the first option. Always compare ways to send money from United States to Madagascar to find out about fees, speed, and reliability.
Our analysis included 7 providers that operate between United States and Madagascar.
Through this, you get a comprehensive view of all the options you have in United States when you need to send money to Madagascar.
Cheapest way to send money to Madagascar from United States: Wise
Data collected over the past six months shows that Wise is 1.9% cheaper than the second-best option.
The $66.88 transfer cost represents the most common fee for USD to MGA international transfers, based on data from the past six months.
If you want to secure the best rates on a USD to Madagascar transfer, make sure you pick Wise to send your money online.
*The most common fee applied to USD-MGA by Wise, based on data from the past six months.
Fastest way to send money from United States to Madagascar: Western Union
Our data shows that Western Union came up as the fastest way to send money from United States to Madagascar in 41.7% of searches. This makes them well suited to urgent USD to MGA money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from United States to Madagascar - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Western Union is your best choice at the moment. This service emerged as the quickest way to send money to Madagascar from United States in 41.7% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send USD from United States to Madagascar, it’s the provider that will keep you safe and relaxed while your money moves into MGA.
Understanding the costs involved when moving money from United States to Madagascar
When calculating the costs of money transfers between United States and Madagascar, here's what really matters:
The Mid-Market Rate: Today, the USD-MGA mid-market rate equals to 4413.037208 MGA per US Dollar.
The USD-MGA average exchange rate for the past three months has been 4506.1612 MGA per US Dollar, with a high of 4588.1097 and a low of 4360.3808.
When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from USD to MGA.
How to find the best exchange rate for US Dollar to Malagasy ariary
Timing is essential for sending money between USD and MGA. The exchange rate you secure impacts how much MGA you get for your USD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from USD to MGA has seen some fluctuation. On average, it stood at 4506.1612.
During this period, the highest value recorded was 4588.1097, while the lowest was 4360.3808.
Wise, which is our recommended service to send money online from United States to Madagascar offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best USD-Malagasy ariary exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from United States to Madagascar!
Payment methods available to fund your United States to Madagascar transfer
Bank transfers
Bank transfers are often the default option for sending money from United States to Madagascar.
By using a money transfer company such as Wise for transfers from United States to Madagascar, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers from the 7 we tested when sending USD to Madagascar.
With an average fee of USD66.88 to send money from United States to Madagascar, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from United States to Madagascar with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from United States to Madagascar, competing among a total of 7 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from United States to Madagascar, Wise emerges as our top choice of the 7 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Madagascar and United States.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from United States to Madagascar.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send USD to MGA.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
