How to send money to the US from Madagascar with the best MGA-USD rate
Get the best deals when you transfer from Madagascar to United States. Find the cheapest, fastest, and most reliable providers with the best MGA to USD exchange rates.
Read on for the best deals, expert information, and all you need to send money to United States from Madagascar.
Transferring the other way? Send USD from United States to Madagascar instead.
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
Click here to see other options
Alternative for Madagascar to United States
While you can’t send MGA to USD with Wise, you can transfer USD to USD.
"Over 15 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 15 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 15 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
Why not take our free FX health check test to see how effective your business is in managing these. It only takes a couple of minutes.
Best choice: Western Union Agent
We tested & reviewed dozens of money transfer providers. We found Western Union Agent to be the overall best option.
Transferring 1,200,000 MGA to USD will cost you Ar36000 in fees, and you will receive 261.97 USD. The delivery time can take minutes - 5 days, but it depends on the day you make the transfer.
So for a great blend of cost, speed & features, make your Madagascar to the United States transfer using Western Union Agent.
How to to send from Madagascar to United States in the best way
Always compare rates
Money transfers to United States should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Madagascar to the United States.
Choose a provider
Select the provider that offers you the best value on your Malagasy ariary & service for your needs.
Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to the United States.
Summary of recent searches
Get the most from sending money from Madagascar to United States
Comparing providers offering services between Madagascar and the United States based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire MGA-USD market and have compared 4 providers offering services between Madagascar and the United States.
This ensures you will get the most comprehensive options for sending Malagasy ariary to the United States.
Whilst we rate Western Union Agent as the best overall for transfers between the two countries, comparing gives you the best idea for your specific Madagascar to the United States transfer needs.
Cheapest way to transfer money to the United States from Madagascar: Sling Money
Of the 4 providers compared, data shows that Sling Money is 8.85% cheaper than the second-best option.
The is cost is made up of an average MGA-USD exchange rate that is 19% different to the mid-market rate and an average fee of 12000* MGA.
If you want to secure the best rates on a MGA to United States transfer, Sling Money will result in the most US Dollar received.
Fastest money transfers to the United States from Madagascar: PayPal App (P2P Transfer).
With PayPal App (P2P Transfer) , the transfer time to US is minutes, with a 48000 MGA transfer fee (based on Ar1,200,000 transfer)
When testing the fastest options, we compared the 4 money transfer providers offering Madagascar to the United States transfers for overall speed. This included transfer times to after depositing Malagasy ariary to a money transfer account.
When you want the fastest way to send, PayPal App (P2P Transfer) is our recommended choice for Madagascar to the United States transfers.
Sending a large amount of money?
Of the 4 providers compared, Western Union Agent is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while Western Union Agent may not always be the fastest or cheapest way to send money from Madagascar to United States, it's a great provider for things like buying or selling property.
Understanding the cost of money transfers from Madagascar to United States
The total cost of sending money to United States from Madagascar is made up of a combination of mid-market, exchange rates and fees.
The Mid-Market and Exchange Rates: The current mid-market for MGA-USD is 0.0002 USD per Malagasy ariary.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more US Dollar for your Malagasy ariarys.
Over the last 7 days, the average MGA-USD mid-market rate has seen each Malagasy ariary worth 0.0002 USD. Within this we see a high of 0.0002, and a low of 0.0002.
Of the 4 companies compared, Sling Money offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting MGA to USD.
Fees: When sending money you may have to pay fees. Sling Money costs 12000 MGA per transfer at the moment, which is the cheapest option of the 4 providers compared. We would recommend searching to ensure you get the correct fee for your transfer amount.
Amount Received: When comparing providers, the best measure is the amount of US Dollar eventually received in the United States.
This number should be a guide for your decision if cost is important. A higher amount of money received in the United States means a better overall cost of sending money from Madagascar.
Getting best exchange rate for transfers between Malagasy ariary and US Dollar
Timing is essential for transferring money between MGA and USD. The exchange rate you secure impacts how much USD you get for your MGA.
The recent trends between the currencies are:
Over the past 7 days, the mid-market rate from MGA to USD has moved slightly. On average, it was 0.0002.
During this same period,there was a high of 0.0002, and a low of 0.0002.
Western Union Agent, which is our recommended service to send money online from Madagascar to United States offers 0.0002 USD per MGA which is only 7% above the mid-market rate.
Want to secure the best MGA-US Dollar exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Madagascar to the United States!
Paying for your Madagascar to United States money transfer
Bank transfers
A bank transfer is often the default option for money transfers from Madagascar to the United States.
By using a money transfer company such as Sling Money to send money from Madagascar to the United States, you can while benefit from lower fees and more favorable exchange rates than a bank would offer.
On average, Sling Money is the cheapest money transfer provider for bank transfers from the 4 we tested when sending MGA to the United States.
With a fee of MGA12000 to send money from Madagascar to the United States, Sling Money offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Madagascar to the United States with a prepaid or debit card is very easy with Western Union Agent.
Western Union Agent is a great choice for sending money with a debit card from Madagascar to the United States. This is from the 4 money transfer companies compared.
Credit cards
When it comes to credit card transfers from Madagascar to the United States, we to get the best deal.
Be careful of fees: using a credit card to transfer money internationally 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 United States and Madagascar.
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 Madagascar to United States.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send MGA to USD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Related transfer routes
Send money from Madagascar
Send money to United States
How much money can be transferred from Madagascar to United States?
Are there any tax implications to sending money from Madagascar to United States?
Can I send money from Madagascar to United States with MoneyTransfers.com?
What are the typical transfer fees for sending Malagasy ariarys to United States through various providers?
How long does it take to send money from Madagascar to United States?
What is the best exchange rate I can get for sending money from Madagascar to United States?
Are there any minimum or maximum transfer amounts for sending money from Madagascar to United States?
Can I schedule regular transfers between Madagascar and United States?
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