Convert ARS to MGA — live rate

Convert Argentine Pesos to Malagasy Ariaries and compare the real cost of sending money.

ARS
MGA
1 ARS = 2.9235 MGA • Mid-market rate
Updated just now
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Historical ARS/MGA exchange rate

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

Quick reference: ARS to MGA

1 ARS → 2.92 MGA
5 ARS → 14.62 MGA
10 ARS → 29.24 MGA
50 ARS → 146.18 MGA
100 ARS → 292.35 MGA
500 ARS → 1,461.75 MGA
1,000 ARS → 2,923.50 MGA
5,000 ARS → 14,617.50 MGA

Real cost of ARS → 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 ARS
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

ARS — Argentine Peso
ISO Code ARS
Symbol $
Central Bank Central Bank of Argentina
Common Notes $2, $5, $10, $20, $50, $100
Learn more about ARS
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.