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Wise CAD to MGA Transfers Compared

CAD-MGA Rate Calculator

 
   
   
   
   
 
   

Understanding the Table:

The comparison table above helps you see the total cost of your Wise 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’.

 
 

Wise - CAD Rate Margin Analysis

The average CAD rate margin offered by Wise is 0.71%.

This average is based on individual CAD 10K transfer rates in the currency pairs from Wise that we monitor.

 

Wise - Best and Worst Value Rates

The tables below show the best and worst exchange rate margins offered by Wise for Canadian dollar (CAD 10K) transactions. Margins show the percentage difference from the mid-market rate.

Wise Best Value Rates (Lowest Margins)

Currency Pair Wise Rate Mid Market Rate Margin
CAD/MGA 3,292.59 3,291.20 0.0%
CAD/AUD 1.0475 1.0505 0.3%
CAD/NOK 7.0555 7.0776 0.3%
CAD/CHF 0.5643 0.5661 0.3%
CAD/TRY 31.94 32.04 0.3%

Wise Worst Value Rates (Highest Margins)

Currency Pair Wise Rate Mid Market Rate Margin
CAD/TOP 1.7066 1.7769 4.0%
CAD/SCR 10.36 10.15 -2.1%
CAD/MAD 6.5471 6.6693 1.8%
CAD/KWD 0.2223 0.2262 1.7%
CAD/PGK 3.1131 3.1574 1.4%
 
   

CAD to MGA Market Data

Canadian dollar (CAD) to Malagasy ariary (MGA) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell CAD   →   Buy MGA
1 CAD = 3,308.0 MGA
1d+0.7%▲
 
CAD to MGA is at 7-day highs near 3313, 1.6% above its 3-month average of 3262, having traded in a quite stable 5.4% range from 3180 to 3351
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Tracker
  1 MGA = 0.000302 CAD

Currency Forecasts related to CAD/MGA

CAD to USD 2026 Forecasts

CAD/USD Outlook: The Canadian dollar is likely to increase, as it is trading significantly above its recent average and near recent highs, supported by rising oil prices.

Read forecast

CAD to EUR 2026 Forecasts

CAD/EUR Outlook: Slightly positive, but likely to move sideways as the rate hovers around its 90-day average and is impacted by mixed drivers.

Read forecast

CAD to JPY 2026 Forecasts

CAD/JPY Outlook: Slightly positive, but likely to move sideways, given its position just above the 90-day average and within the mid-range of its recent trading.

Read forecast

 

CAD 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 Canadian dollar are worth in Malagasy ariary across a range of amounts.

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

CAD MGA
CAD MGA
C$ 0.0003 Ar 1
C$ 0.0015 Ar 5
C$ 0.0030 Ar 10
C$ 0.0060 Ar 20
C$ 0.0151 Ar 50
C$ 0.0302 Ar 100
C$ 0.0755 Ar 250
C$ 0.1510 Ar 500
C$ 0.3020 Ar 1,000
C$ 0.6040 Ar 2,000
C$ 1.5100 Ar 5,000
C$ 3.0200 Ar 10,000
C$ 6.0400 Ar 20,000
C$ 15.10 Ar 50,000
C$ 30.20 Ar 100,000

More amounts

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

 
 

What is the Wise Send Money conversion rate for CAD to MGA?

The Wise CAD to MGA exchange rate is 3294.83. This is -0.4% compared to the latest CAD-MGA mid-market rate 3,308.0.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Canadian dollar (CAD) to Malagasy ariary (MGA) rates from different sources before making a conversion.

The above Wise - Loonie to Ariary comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Wise and other foreign exchange providers against the latest CAD-MGA mid-rate and the possible savings of using various providers. 

 

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