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Best Malagassische ariary exchange rate

Compare today’s best exchange rate for Malagassische ariary. We compare live prices for money transfer providers in Nederland — so you can get the best value for your money.

Planning to send Malagassische ariary with Wise? Sign up and get notified when we launch.

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1 EUR = 4.906,82 MGAMiddenkoers (van Reuters)

een minuut ago

EUR
AanbiederWisselkoers(1 EUR → MGA)OverschrijvingskostenDe ontvanger krijgtSending 1.000 EUR
BNP Paribas4.716,2715,00 EUR4.645.529 MGA
OFX4.602,090,00 EUR4.602.093 MGA-43.436 MGA
De bovenstaande informatie geldt als je via bankoverschrijving betaalt. 

How to get the best Malagassische ariary exchange rate

We collect fees and rates from the most popular money transfer providers — so you don’t have to. We calculate the full price you’ll pay when sending EUR to MGA with each provider — including the hidden markup in the exchange rate.

We want to bring you the best Malagassische ariary rate possible, so we’ve compared the prices for sending money from one bank account to another. Sending cash or sending a money transfer from a bank branch usually costs more in extra fees.

The Wise app makes it easy to send money across the world, at the real, mid-market exchange rate.

Why does getting a good Malagassische ariary exchange rate matter?

It’s simple. The lower the cost of converting your money to MGA, the more money for you. That’s why it’s important to see the full cost of an international transfer before you send it.

When sending money abroad, banks or other providers will likely charge you a conversion fee. But that’s not all. Hidden markups in the exchange rate can end up costing even more than the conversion fee itself. This means that when sending international transfers, many banks and providers charge you twice. All without telling you.

And if you decide to convert your money in cash, you could be charged:

- a conversion fee

- a hidden markup in the exchange rate

- and extra delivery charges, if you’re ordering your money in advance

You should always look for the best possible exchange rate, regardless of the conversion method you’re using.

With Wise, you can manage your money across more than 40 currencies, without any hidden fees.

The exchange rate scandal

1. Banks trade at the real rate. When exchanging Malagassische ariary between themselves, banks and transfer services use the mid-market rate (also known as the interbank rate). It’s the fairest possible rate. The real exchange rate.

2. They add a hidden markup for customers. This is why you’ll see different exchange rates across providers. You’re paying the difference between the mid-market rate and the rate quoted by your transfer service.

3. You lose money. You’re charged the hidden markup when you make a transfer — often without even realising. Even when services claim to have zero fees, you’re still being charged.

We've had enough of hidden fees.

Waiting for the best rate to transfer Malagassische ariary

Knowing when to transfer MGA can be tricky. Exchange rates are often volatile, as they react to economic and political events. And rates move so quickly — when you find the right time, how do you lock it in?

We can let you know when it gets better. Sign up for rate alerts, and you’ll get live updates straight to your inbox.

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Send money with the real exchange rate