Convert GHS to MGA — live rate

Convert Ghanaian Cedis to Malagasy Ariaries and compare the real cost of sending money.

GHS
MGA
1 GHS = 428.8710 MGA • Mid-market rate
Updated just now
Compare transfers for GHS → MGA
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Historical GHS/MGA exchange rate

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

Quick reference: GHS to MGA

1 GHS → 428.87 MGA
5 GHS → 2,144.36 MGA
10 GHS → 4,288.71 MGA
50 GHS → 21,443.55 MGA
100 GHS → 42,887.10 MGA
500 GHS → 214,435.50 MGA
1,000 GHS → 428,871.00 MGA
5,000 GHS → 2,144,355.00 MGA

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

*Estimate based on typical provider rates

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Currency snapshots

GHS — Ghanaian Cedi
ISO Code GHS
Symbol ¢
Central Bank Bank of Ghana
Common Notes GH¢5, GH¢10, GH¢20, GH¢50
Learn more about GHS
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.