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PEN to MGA Exchange Rates & Currency Deals

PEN-MGA Rate Calculator

 
 
   

Understanding the Table:

The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.

To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.

 
 
   

PEN to MGA Market Data

Peruvian nuevo sol (PEN) to Malagasy ariary (MGA) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell PEN   →   Buy MGA
1 PEN = 1,247.2 MGA
-0.2% since yesterday
PEN to MGA is at 7-day lows near 1235, near its 3-month average, having traded in a quite stable 5.4% range from 1208 to 1273
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Tracker

Is the PEN to MGA Exchange Rate Likely to Improve?

Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Peruvian nuevo sol against the Malagasy ariary is to review how the PEN/MGA rate has changed over time.

The table below shows the percentage change in the PEN to MGA exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

DatePEN/MGAPeriod
14 Jun 2025
1241.17
2 Week
30 Mar 2025
1273.47
3 Month
28 Jun 2024
1167.58
1 Year
29 Jun 2020
1094.53
5 Year
01 Jul 2015
1021.57
10 Year
PEN/MGA historic rates
 

PEN to MGA Conversion: What Is Your Money Worth?

To help you understand the real-world value of the current exchange rate, the table below shows how much Peruvian nuevo sol are worth in Malagasy ariary across a range of amounts.

This gives a quick view of what you’d get when converting different PEN amounts at today’s rate * :

PEN MGA
S/. 1 Ar 1.0000
S/. 5 Ar 5.0000
S/. 10 Ar 10.00
S/. 20 Ar 20.00
S/. 50 Ar 50.00
S/. 100 Ar 100.00
S/. 250 Ar 250.00
S/. 500 Ar 500.00
S/. 1,000 Ar 1,000
S/. 2,000 Ar 2,000
S/. 5,000 Ar 5,000
S/. 10,000 Ar 10,000
S/. 20,000 Ar 20,000
S/. 50,000 Ar 50,000
S/. 100,000 Ar 100,000
PEN MGA
S/. 0.0008 Ar 1
S/. 0.0040 Ar 5
S/. 0.0080 Ar 10
S/. 0.0160 Ar 20
S/. 0.0401 Ar 50
S/. 0.0802 Ar 100
S/. 0.2005 Ar 250
S/. 0.4010 Ar 500
S/. 0.8020 Ar 1,000
S/. 1.6040 Ar 2,000
S/. 4.0100 Ar 5,000
S/. 8.0200 Ar 10,000
S/. 16.04 Ar 20,000
S/. 40.10 Ar 50,000
S/. 80.20 Ar 100,000

More amounts

*Converted at the current PEN-MGA interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
   

View a full list of exchange rates by selecting your Base (from) currency: