Send money to Madagascar
Transfer money to Madagascar with New Zealand dollars using OFX and get great foreign currency exchange rates.
Live rates as at Oct 3, 2023, 12:40 AM (CUT)
1 New Zealand dollar = 2591.512545 Malagasy ariary
Inverse rate 0.000386
How to send money to Madagascar from New Zealand?
- Gather the relevant banking information of your recipient including the name on the account and bank details.
- Create a free online account with OFX, or login to get a live quote for your money transfer.
- Enter your details and those of your recipient.
- You send the money to us, and we send it to your recipient.
It’s easy and affordable to send money from New Zealand to Madagascar using OFX. Even if you’re not ready to transfer funds today, you can sign up now, so your account is active and ready when a great exchange rate comes up.
When sending money from New Zealand to Madagascar keep in mind that different tax regulations may apply depending on many factors including:
- how the money is going to be used.
- how much you are sending.
- the source of the funds.
- if the money has been taxed elsewhere.
For example, for tax purposes, supporting family members by paying for living expenses can sometimes be considered different from sending large sums as a gift.
Madagascar money transfers - FAQs
Wondering how to send money to Madagascar? Use OFX to exchange your New Zealand dollars for Malagasy ariaries, because you’re too smart for your bank. Headquartered in Sydney, with offices around the world, we provide 24-hour access to our highly skilled transfer team.
Is there any limit on how much money I can send to Madagascar from New Zealand?
No, OFX works well for both businesses and individuals.
Does OFX transfer money to all banks in Madagascar?
OFX can transfer funds to almost any bank in Madagascar, including, but not limited to:
Our customer support team will be happy to assist and make sure we can facilitate your transfer to Madagascar
You can reach our dedicated customer service agents 24/7 (including weekends and most holidays). When others are closed, we’re open - we’re here for you.
When you use OFX, you’ll get fast, efficient service, and we’ll keep you informed of where your money is along the way. For all your overseas payments, OFX is simply smarter.
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