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How to send money to Madagascar from UK with the best GBP-MGA rate

Compare ways to send money from United Kingdom to Madagascar. Find the cheapest, fastest, and most reliable providers with the best GBP to MGA exchange rates.

Read on for the best deals, expert information, and all you need to send money to Madagascar from United Kingdom.

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August 5th, 2025
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Best money transfer companies

Send money from United Kingdom to Madagascar

Last updated: Today
Mid-market rate as of 08/05/2025: 1 GBP = 5891.769649 MGA
Results below are based on a 6000 GBP search
0 of 9 providers
Sponsored
Wise
Recipient gets (MGA)
Ar 34,929,395.31
Full transfer details
Visit Wise
Ar 639,296 better than a typical bank*

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
Xe
Recipient gets (MGA)
Ar 34,673,401.20
Full transfer details
Visit Xe
Ar 383,302 better than a typical bank*

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
Live Rates
Sort by:
1
Wise
Recipient gets (MGA)
Ar 34,929,395.31
Full transfer details
Visit Wise
Ar 639,296 better than a typical bank*

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
2
Xe
Recipient gets (MGA)
Ar 34,673,401.20
Full transfer details
Visit Xe
Ar 383,302 better than a typical bank*

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
3
Remitly
Recipient gets (MGA)
Ar 34,443,480.00
Full transfer details
Visit Remitly
Ar 153,381 better than a typical bank*

"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."

Personal account manager
Multi-currency card
Receive to bank account or cash pickup
4
OFX
Recipient gets (MGA)
Ar 34,219,716.00
Full transfer details

"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."

Personal account manager
Multi-currency card
Receive to bank account
Mid-market rate updates every 60 minutes
Estimated Rates
We don't have access to live rates from these companies. Instead, we've researched their average exchange rates and fees.
Not Recommended
These providers aren't as competitive as the others we've reviewed.
  • PayPal
    PayPal
    Recipient gets (MGA)
    Ar 32,545,192.86
    Not recommended
Sponsored
Wise
Recipient gets (MGA)
Ar 34,929,395.31
Full transfer details
Visit Wise
Ar 639,296 better than a typical bank*

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
Xe
Recipient gets (MGA)
Ar 34,673,401.20
Full transfer details
Visit Xe
Ar 383,302 better than a typical bank*

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions

Overall best option: Wise

Wise is our top choice for GBP to MGA transfers.

We tested & reviewed 9 money transfer companies, and Wise came out as one of the easiest options.

Sending 6,000 GBP to MGA will cost you £49.01 in fees, and you will receive 34,929,395.31 MGA. The delivery time is within a week, but it depends on the day you make the transfer.

So for a great mix of cost, speed & features, make your United Kingdom to Madagascar transfer using Wise.

Wise is the top rated company for sending money from United Kingdom (GBP) to Madagascar (MGA) - Wise Screenshot

How to compare companies offering money transfers from United Kingdom to Madagascar

Summary of recent searches

Top rated for transfers from United Kingdom to Madagascar
Wise
Total number of GB - MG providers
9
Average cheapest fees & rate
Revolut
Average fastest transfer
Paysend
Average transfer time
Within minutes
Best for bank transfers
Revolut
Best for debit card
Paysend
Best for credit card
Paysend

Considerations for money transfers from United Kingdom to Madagascar

1
Compare providers

Comparing providers offering services between the United Kingdom and Madagascar, based on your specific needs is the best way to send money with confidence.

Our comparison includes 9 companies that provide the ability to send Pound Sterling to Madagascar.

This ensures you get the best options for transfers to Madagascar from the United Kingdom, based on the amount you want to send.

2
Watch the Pound Sterling-Malagasy ariary exchange rate
3
Choose the right payment method
4
Use providers regulated in Madagascar and United Kingdom
5
Consider transfer limits
6
Receiving money in Madagascar
7
Have your ID ready
8
Tax declarations

Cheapest way to send money to Madagascar from the United Kingdom: Revolut

Revolut combines the lowest fees with the best exchange rate and from the 9 companies compared offers the cheapest transfers to Madagascar from the United Kingdom.

Data collected through our comparison shows that Revolut is 0.7% cheaper than the second-best option.

The cost is made up of a fee of 18 GBP and an exchange rate for buying Malagasy ariary with Pound Sterling that is 0.2% different to the mid-market rate.

If you want to secure the best rates on a United Kingdom to Madagascar transfer, Revolut offers value. We would still recommend searching for the amount you want to send to Madagascar.

Revolut is the cheapest way to send money from United Kingdom (GBP) to Madagascar (MGA) - Revolut Screenshot 1
Revolut is the cheapest way to send money from United Kingdom (GBP) to Madagascar (MGA) - Revolut Screenshot 2
Revolut is the cheapest way to send money from United Kingdom (GBP) to Madagascar (MGA) - Revolut Screenshot 3

Fastest money transfers from United Kingdom to Madagascar: Paysend.

Of the 9 money transfer companies tested, Paysend offered the quickest way to send Pound Sterlings to Madagascar.

Based on our recent data, transfer time for a £6,000 transfer to Madagascar with Paysend is minutes - 24 hours. This can vary by amount and method, but it is a good point of reference.

Sending money from the United Kingdom to Madagascar through Paysend will cost you 0 GBP in fees & small markup.

Paysend was one of 9 money transfer providers we compared for overall speed of sending money from the United Kingdom to Madagascar. This speed test included depositing Pound Sterlings to an account and the average timeframe for sending money to Madagascar.

When fast transfers are a priority, Paysend is our best choice for sending from United Kingdom to Madagascar.

Paysend is the fastest way to send money from United Kingdom (GBP) to Madagascar (MGA) - Paysend Screenshot

Need to send over £10,000 from the UK? TorFX is your best option

For those big moves, competitive pricing & strong customer service are key.

Opt for a service proven with large transfers when size matters. For transfers over £10,000, your best option is TorFX.


While TorFX may not always be the cheapest or fastest way to send GBP to Madagascar, they will keep you safe and relaxed while your money moves into MGA.

Understanding the costs involved when transferring money to Madagascar from United Kingdom

When calculating the cost of sending money from the United Kingdom to Madagascar, a combination of fees and exchange rates ensure the best deal:

The Mid-Market and Exchange Rates: The current GBP-MGA mid-market rate is 5,924.4568 MGA per Pound Sterling. Finding a provider as close to this number as possible will ensure more Malagasy ariary for your money.

  • As a comparison, the GBP-MGA mid-market rate for the past week has averaged 5,905.6528 MGA per Pound Sterling, hitting a high of 5,950.2948 and a low of 5,848.9951.

  • Revolut is currently offering the best exchange rate on transfers between the United Kingdom and Madagascar.

  • Often the GBP-MGA exchange rate you receive will be the biggest factor impacting the cost of sending Pound Sterling to Madagascar.

Fees: Transfer fees are charged on top of a transfer. Revolut currently offers lowest fees of 18 GBP. Although we recommend searching for your exact send amount for an exact fee.

Amount Received: The total amount received in Malagasy ariary is the biggest indicator in the total cost of sending money to the United Kingdom from Madagascar. The higher the total amount received in Madagascar, the lower the cost of sending from the United Kingdom.

How to find the best exchange rate for Pound Sterling to Malagasy ariary

Timing is essential for sending money between GBP and MGA. The exchange rate you secure impacts how much MGA you get for your GBP.

Mid-market Rate
1 
GBP
=
5921.896711 
MGA

Let's dive into some interesting recent trends.

  • Over the past 7 days, the exchange rate from GBP to MGA has seen some fluctuation. On average, it stood at 5,905.6528.

  • During this period, the highest value recorded was 5,950.2948, while the lowest was 5,848.9951.

  • Wise, which is our recommended service to send money online from United Kingdom to Madagascar offers an exchange rate that is only 0.38% above the mid-market rate.

Want to secure the best GBP-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 Kingdom to Madagascar!

Funding your United Kingdom to
Madagascar money transfer

  • Bank transfers

    Bank transfers are often the best and easier way to send money from the United Kingdom to Madagascar.

    By using a money transfer company such as Revolut for transfers from the United Kingdom to Madagascar, you can send money via a bank transfer and benefit from lower fees and more favorable exchange rates than would be offered by a bank. 


    On average, Revolut is the cheapest way to send money via a bank transfer. This is of the 9 companies we tested when sending GBP to Madagascar.

    With a fee of 18 GBP to send money from the United Kingdom to Madagascar, Revolut offers a decent combination of competitive exchange rates and lower fees.


  • Debit and prepaid cards

    Sending money from the United Kingdom to Madagascar with a debit or a prepaid card is easy with Wise.


    Wise is a leading money transfer company for debit card payments, and offers transfers from the United Kingdom to Madagascar.

  • Credit cards

    When it comes to sending money with a credit card from the United Kingdom to Madagascar, it can get very expensive very quickly due to additional fees.

    We recommend sticking to bank transfers or debit card deposits, but if you have to, run a quick comparison to find the right money transfer company that offers credit card deposits.

    Keep on top of fees: using a credit card to transfer money can result in a fee being charged by your card issuer. Where possible, 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 Kingdom.


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 Kingdom to Madagascar.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to MGA.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.

Money transfer company reviews

How much money can be transferred from United Kingdom to Madagascar?
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Can I send money from United Kingdom to Madagascar with MoneyTransfers.com?
What are the typical transfer fees for sending Pound Sterlings to Madagascar through various providers?
How long does it take to send money from United Kingdom to Madagascar?
What is the best exchange rate I can get for sending money from United Kingdom to Madagascar?
Are there any minimum or maximum transfer amounts for sending money from United Kingdom to Madagascar?
Can I schedule regular transfers between United Kingdom and Madagascar?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is the founder and CEO of MoneyTransfers.com, with over 10 years’ experience building consumer products across finance, insurance, and travel. A frequent traveler himself, Luke has hands-on experience testing payment and transfer services globally, giving him a unique perspective on the real-world challenges users face. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.
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