What is the current MGA to JPY exchange rate?

The current mid-market exchange rate is 1 MGA = 0.0348 JPY. 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 JPY 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 JPY?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the MGA/JPY 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 JPY — live rate

Convert Malagasy Ariaries to Japanese Yens and compare the real cost of sending money.

You send

MGA

They receive

JPY

1 MGA = 0.0348 JPY • Mid-market rate

Updated just now

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Historical MGA/JPY exchange rate

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

Quick reference: MGA to JPY

1 MGA → 0.03 JPY

5 MGA → 0.17 JPY

10 MGA → 0.35 JPY

50 MGA → 1.74 JPY

100 MGA → 3.48 JPY

500 MGA → 17.39 JPY

1,000 MGA → 34.79 JPY

5,000 MGA → 173.93 JPY

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

JPY — Japanese Yen

ISO Code JPY

Symbol ¥

Central Bank Bank of Japan

Common Notes ¥1000, ¥5000, ¥10000

Learn more about JPY

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

Convert MGA to JPY — live rate

Historical MGA/JPY exchange rate

Quick reference: MGA to JPY

Real cost of MGA → JPY

Estimated savings

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Currency snapshots