Convert ZMK to MGA — live rate

Convert Zambian Kwacha (pre-2013)s to Malagasy Ariaries and compare the real cost of sending money.

ZMK
MGA
1 ZMK = 0.0000 MGA Mid-market rate
Updated just now
Compare transfers for ZMK → MGA
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Historical ZMK/MGA exchange rate

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

Quick reference: ZMK to MGA

1 ZMK 0.00 MGA
5 ZMK 0.00 MGA
10 ZMK 0.00 MGA
50 ZMK 0.00 MGA
100 ZMK 0.00 MGA
500 ZMK 0.00 MGA
1,000 ZMK 0.00 MGA
5,000 ZMK 0.00 MGA

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

*Estimate based on typical provider rates

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Currency snapshots

ZMK — Zambian Kwacha (pre-2013)
ISO Code ZMK
Central Bank Bank of Zambia
Common Notes 2, 5, 10, 20, 50, 100 kwacha
Learn more about ZMK
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.