Convert ZWL to MGA — live rate

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

ZWL
MGA
1 ZWL = 0.1445 MGA • Mid-market rate
Updated just now
Compare transfers for ZWL → MGA
No signup required • FCA-regulated providers only

Historical ZWL/MGA exchange rate

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

Quick reference: ZWL to MGA

1 ZWL → 0.14 MGA
5 ZWL → 0.72 MGA
10 ZWL → 1.45 MGA
50 ZWL → 7.23 MGA
100 ZWL → 14.45 MGA
500 ZWL → 72.27 MGA
1,000 ZWL → 144.55 MGA
5,000 ZWL → 722.73 MGA

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

*Estimate based on typical provider rates

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Currency snapshots

ZWL — Zimbabwean Dollar
ISO Code ZWL
Symbol Z$
Central Bank Reserve Bank of Zimbabwe
Common Notes Z$1, Z$5, Z$10, Z$20, Z$50, Z$100, Z$500
Learn more about ZWL
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.