How to send money from Madagascar to South Africa
Sending money from Madagascar to South Africa doesn’t have a huge amount of options. Because of this, we would recommend sending money via:
How to get the best deal on your Madagascar to South Africa transfer
Sending money from Madagascar to South Africa: key insights and tips
Don't settle for the first option. Always compare ways to send money from Madagascar to South Africa to find out about fees, speed, and reliability.
Your analysis should include all the providers that operate between Madagascar and South Africa. Through this, you get a comprehensive view of all the options you have in Madagascar when you need to send money to South Africa.
Cheapest way to send money from Madagascar to South Africa
Without any money transfer providers serving the Madagascar to South Africa route, the cheapest money transfer options are limited.
We would recommend using:
Understanding the costs involved when moving money from Madagascar to South Africa
When calculating the costs of money transfers between Madagascar and South Africa, here's what really matters:
The Mid-Market Rate: Today, the MGA-ZAR mid-market rate equals to 0.004341. Keep in mind that this rate fluctuates all the time.
The MGA-ZAR average exchange rate of the past three months has been 0.0041, with a highest of 0.0042 and a lowest of 0.0041.
Fees and Markups: When you pick a service with competitive exchange rates and low fees, you get to make the most out of your MGA to ZAR transfers. This strategy keeps your costs down, offering a smart way to handle your international transactions.
How to find the best exchange rate for Malagasy ariary to Rand
Timing is essential sending money between MGA and ZAR. The exchange rate you secure impacts how much ZAR you get for your MGA.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from MGA to ZAR has seen some fluctuation. On average, it stood at 0.0041.
During this period, the highest value recorded was 0.0042, while the lowest was 0.0041.
, which is our recommended service to send money online from Madagascar to South Africa offers an exchange rate that is only % above the mid-market rate.
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What payment methods are available when sending money from Madagascar to South Africa?
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between South Africa and Madagascar.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 Madagascar to South Africa .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send MGA to ZAR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.