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MAD to MGA Exchange Rates & Currency Deals

MAD-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’.

 
 
   

MAD to MGA Market Data

Moroccan dirham (MAD) to Malagasy ariary (MGA) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell MAD   →   Buy MGA
1 MAD = 502.23 MGA
1d0.0%⬦
90dHighs◓
MAD to MGA is at 90-day highs near 501.2, 2.7% above its 3-month average of 488.1, having traded in a quite stable 4.1% range from 481.5 to 501.2
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Tracker
  1 MGA = 0.001991 MAD

Is the MAD 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 Moroccan dirham against the Malagasy ariary is to review how the MAD/MGA rate has changed over time.

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

DateMAD/MGAPeriod
13 Dec 2025
481.53
2 Week
28 Sep 2025
489.66
3 Month
27 Dec 2024
464.95
1 Year
28 Dec 2020
434.24
5 Year
30 Dec 2015
324.38
10 Year
MAD/MGA historic rates
 

MAD 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 Moroccan dirham are worth in Malagasy ariary across a range of amounts.

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

MAD MGA
د.م. 1 Ar 502.23
د.م. 5 Ar 2,511
د.م. 10 Ar 5,022
د.م. 20 Ar 10,045
د.م. 50 Ar 25,112
د.م. 100 Ar 50,223
د.م. 250 Ar 125,558
د.م. 500 Ar 251,115
د.م. 1,000 Ar 502,230
د.م. 2,000 Ar 1,004,460
د.م. 5,000 Ar 2,511,150
د.م. 10,000 Ar 5,022,300
د.م. 20,000 Ar 10,044,600
د.م. 50,000 Ar 25,111,500
د.م. 100,000 Ar 50,223,000
MAD MGA
د.م. 0.0020 Ar 1
د.م. 0.0100 Ar 5
د.م. 0.0199 Ar 10
د.م. 0.0398 Ar 20
د.م. 0.0996 Ar 50
د.م. 0.1991 Ar 100
د.م. 0.4978 Ar 250
د.م. 0.9955 Ar 500
د.م. 1.9910 Ar 1,000
د.م. 3.9820 Ar 2,000
د.م. 9.9550 Ar 5,000
د.م. 19.91 Ar 10,000
د.م. 39.82 Ar 20,000
د.م. 99.55 Ar 50,000
د.م. 199.10 Ar 100,000

More amounts

*Converted at the current MAD-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: