What is the
WorldRemit Send Money conversion rate for GBP to MGA?
The WorldRemit GBP to MGA exchange rate is 5744.77. This is - compared to the latest GBP-MGA mid-market rate 6,036.7.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to Malagasy ariary (MGA) rates from different sources before making a conversion.
The above
WorldRemit - Sterling to Ariary comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
WorldRemit and other foreign exchange providers against the latest GBP-MGA mid-rate and the possible savings of using various providers.
How do WorldRemit GBP-MGA rates compare between providers?
Looking at the full
GBP to MGA - Send Money comparison table the provider with the best GBP to MGA exchange rate is Wise at 6009.53.
The next best is OFX at 5774.9535.
Then WorldRemit at 5744.77, .
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
like WorldRemit or platforms that offer rates closer to the mid-market rate.