Convert MYR to MGA — live rate

Convert Malaysian Ringgits to Malagasy Ariaries and compare the real cost of sending money.

MYR
MGA
1 MYR = 1031.0600 MGA • Mid-market rate
Updated just now
Compare transfers for MYR → MGA
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Historical MYR/MGA exchange rate

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

Quick reference: MYR to MGA

1 MYR → 1,031.06 MGA
5 MYR → 5,155.30 MGA
10 MYR → 10,310.60 MGA
50 MYR → 51,553.00 MGA
100 MYR → 103,106.00 MGA
500 MYR → 515,530.00 MGA
1,000 MYR → 1,031,060.00 MGA
5,000 MYR → 5,155,300.00 MGA

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

*Estimate based on typical provider rates

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Currency snapshots

MYR — Malaysian Ringgit
ISO Code MYR
Symbol RM
Central Bank Bank Negara Malaysia
Common Notes RM1, RM5, RM10, RM50, RM100
Learn more about MYR
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.