Send money from Peru to Madagascar at the best rates. Compare fees, exchange rates, and welcome offers to find the fastest and most cost-effective service.
Market rate
1 PEN = 1,343.72 MGA
+0.45%since yesterday
Recipient receives
NaNMGA
Exchange rate
1 PEN = 1283.8325 MGA
−4.5% vs marketFees
10.00 PEN
Total to pay
NaN PEN
No welcome offer at the moment
Fees include transfer fees (flat or percentage-based), exchange rate margins, and sometimes receiving fees. Our comparison shows the total cost including all fees, so you know exactly what you'll pay and what your recipient will receive.
Many corridors now support direct delivery to mobile wallets in Madagascar — depending on the country, these include M-Pesa, MTN MoMo, Orange Money, GCash, bKash, Easypaisa, or Wave. Mobile wallet payouts are typically instant and often cheaper than cash pickup, so check the payout options listed in our comparison.
The conversion of 100 PEN into MGA depends on the provider you choose — each applies a slightly different exchange rate margin on top of the market rate. Our comparison shows you the exact MGA amount your recipient will receive after fees, so you can pick the provider that gives the best value today.
Transfer times vary by provider and payment method. Bank transfers typically take 1-3 business days, while some services offer instant transfers to mobile wallets or cash pickup locations. Check each provider's delivery time when comparing options.
The best way depends on your priorities. If you want the best exchange rate, compare providers above and choose the one offering the highest amount received. If speed is important, look for providers offering instant or same-day transfers. Our comparison tool shows you all options so you can choose what matters most to you.
Today's best rate from Peru to Madagascar is 1283.83 MGA per PEN with Western Union.
Southern African remittances span South Africa, Mozambique, Zambia, Zimbabwe, Angola, Namibia, Botswana, and the Indian Ocean islands (Madagascar, Mauritius, Comoros). Payout rails vary widely: Standard Bank and FNB dominate bank delivery, while M-Pesa Mozambique and EcoCash Zimbabwe handle most mobile flows.