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Wise GBP to MGA Transfers Compared

GBP-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 - GBP Rate Margin Analysis

The average GBP rate margin offered by Wise is 0.84%.

This average is based on individual GBP 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 British pound (GBP 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
GBP/SEK 12.33 12.33 0.0%
GBP/ILS 4.2066 4.2133 0.2%
GBP/NOK 13.47 13.49 0.2%
GBP/CAD 1.8582 1.8614 0.2%
GBP/DKK 8.5940 8.6091 0.2%

Wise Worst Value Rates (Highest Margins)

Currency Pair Wise Rate Mid Market Rate Margin
GBP/SCR 20.32 18.24 -11.4%
GBP/FJD 2.9639 3.0535 2.9%
GBP/MGA 6,042.89 6,207.00 2.6%
GBP/PEN 4.4163 4.5059 2.0%
GBP/MAD 12.14 12.36 1.7%
 
   

GBP to MGA Market Data

British pound (GBP) to Malagasy ariary (MGA) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell GBP   →   Buy MGA
1 GBP = 6,086.2 MGA
1d−0.3%▼
 
GBP to MGA at 6209 is 3.1% above its 3-month average of 6024, having traded in a relatively stable 6.7% range from 5839 to 6228
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Tracker
  1 MGA = 0.000164 GBP

Currency Forecasts related to GBP/MGA

GBP to USD 2026 Forecasts

Bias: The outlook for GBP/USD is range-bound, as it is slightly above the 90-day average and positioned in the middle of the 3-month trading range.

Read forecast

GBP to EUR 2026 Forecasts

Bias: The outlook for GBP/EUR is bullish-to-range-bound as it currently sits above the 90-day average and in the upper half of the 3-month range.

Read forecast

GBP to JPY 2026 Forecasts

Bias: The outlook for GBP/JPY is bullish-to-range-bound, as the current level sits above the 90-day average and within the upper half of the recent 3-month range.

Read forecast

 

GBP 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 British pound are worth in Malagasy ariary across a range of amounts.

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

GBP MGA
GBP MGA
£ 0.0002 Ar 1
£ 0.0008 Ar 5
£ 0.0016 Ar 10
£ 0.0033 Ar 20
£ 0.0082 Ar 50
£ 0.0164 Ar 100
£ 0.0410 Ar 250
£ 0.0820 Ar 500
£ 0.1640 Ar 1,000
£ 0.3280 Ar 2,000
£ 0.8200 Ar 5,000
£ 1.6400 Ar 10,000
£ 3.2800 Ar 20,000
£ 8.2000 Ar 50,000
£ 16.40 Ar 100,000

More amounts

*Converted at the current GBP-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 GBP to MGA?

The Wise GBP to MGA exchange rate is 5908.38. This is -2.9% compared to the latest GBP-MGA mid-market rate 6,086.2.

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

The above Wise - Sterling 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 GBP-MGA mid-rate and the possible savings of using various providers. 

 

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