Convert MGA to SCR — live rate

Convert Malagasy Ariaries to Seychellois Rupees and compare the real cost of sending money.

MGA
SCR
1 MGA = 0.0035 SCR Mid-market rate
Updated just now
Compare transfers for MGA → SCR
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Historical MGA/SCR exchange rate

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

Quick reference: MGA to SCR

1 MGA 0.00 SCR
5 MGA 0.02 SCR
10 MGA 0.03 SCR
50 MGA 0.17 SCR
100 MGA 0.35 SCR
500 MGA 1.73 SCR
1,000 MGA 3.46 SCR
5,000 MGA 17.29 SCR

Real cost of MGA → SCR

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 MGA
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

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
SCR — Seychellois Rupee
ISO Code SCR
Symbol
Central Bank Central Bank of Seychelles
Common Notes ₨50, ₨100, ₨500
Learn more about SCR

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