Convert MGA to UGX — live rate

Convert Malagasy Ariaries to Ugandan Shillings and compare the real cost of sending money.

MGA
UGX
1 MGA = 0.7921 UGX Mid-market rate
Updated just now
Compare transfers for MGA → UGX
No signup required FCA-regulated providers only

Historical MGA/UGX exchange rate

Loading...

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

Quick reference: MGA to UGX

1 MGA 0.79 UGX
5 MGA 3.96 UGX
10 MGA 7.92 UGX
50 MGA 39.60 UGX
100 MGA 79.21 UGX
500 MGA 396.04 UGX
1,000 MGA 792.07 UGX
5,000 MGA 3,960.36 UGX

Real cost of MGA → UGX

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

See cheapest providers

Compare MGA → UGX providers

See today's best rates from FCA-regulated specialists for your transfer.

Compare providers

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
UGX — Ugandan Shilling
ISO Code UGX
Central Bank Bank of Uganda
Common Notes USh2, USh5, USh10, USh20, USh50, USh100
Learn more about UGX

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