Convert GMD to MGA — live rate

Convert Gambian Dalasis to Malagasy Ariaries and compare the real cost of sending money.

GMD
MGA
1 GMD = 56.3011 MGA Mid-market rate
Updated just now
Compare transfers for GMD → MGA
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Historical GMD/MGA exchange rate

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Rates shown are indicative mid-market rates, updated regularly.

Quick reference: GMD to MGA

1 GMD 56.30 MGA
5 GMD 281.51 MGA
10 GMD 563.01 MGA
50 GMD 2,815.06 MGA
100 GMD 5,630.11 MGA
500 GMD 28,150.55 MGA
1,000 GMD 56,301.10 MGA
5,000 GMD 281,505.50 MGA

Real cost of GMD → MGA

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 GMD
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

GMD — Gambian Dalasi
ISO Code GMD
Central Bank Central Bank of the Gambia
Common Notes 5, 10, 25, 50, 100 dalasis
Learn more about GMD
MGA — Malagasy Ariary
ISO Code MGA
Central Bank Banque Centrale de Madagascar
Common Notes Ar100, Ar200, Ar500, Ar1000, Ar2000, Ar5000, Ar10000
Learn more about MGA

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.