What is the current MGA to SCR exchange rate?

The current mid-market exchange rate is 1 MGA = 0.0035 SCR. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best MGA to SCR rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert MGA to SCR?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the MGA/SCR rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert MGA to SCR — live rate

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

You send

MGA

They receive

SCR

1 MGA = 0.0035 SCR • Mid-market rate

Updated just now

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Historical MGA/SCR exchange rate

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

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.

Convert MGA to SCR — live rate

Historical MGA/SCR exchange rate

Quick reference: MGA to SCR

Real cost of MGA → SCR

Estimated savings

Compare MGA → SCR providers

Currency snapshots