Convert USD to MGA — live rate

Convert United States Dollars to Malagasy Ariaries and compare the real cost of sending money.

USD
MGA
1 USD = 4293.0100 MGA • Mid-market rate
Updated just now
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Historical USD/MGA exchange rate

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

Quick reference: USD to MGA

1 USD → 4,293.01 MGA
5 USD → 21,465.05 MGA
10 USD → 42,930.10 MGA
50 USD → 214,650.50 MGA
100 USD → 429,301.00 MGA
500 USD → 2,146,505.00 MGA
1,000 USD → 4,293,010.00 MGA
5,000 USD → 21,465,050.00 MGA

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

*Estimate based on typical provider rates

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Currency snapshots

USD — United States Dollar
ISO Code USD
Symbol $
Central Bank Federal Reserve Bank
Common Notes $1, $5, $10, $20, $50, $100
Learn more about USD
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.