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OFX NZD to MGA Transfers Compared

NZD-MGA Rate Calculator

 
   
   
   
   
 
   

Understanding the Table:

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

 
 

OFX - NZD Rate Margin Analysis

The average NZD rate margin offered by OFX is 3.3%.

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

💡  It is important to note that these OFX rates are their public quoted rates and do not include our special BER/OFX deals rates which start at 0.5% for major currencies and improve for larger amounts. Please use our calculators to check these special rates and use our 'Visit OFX' links to secure these deals.

 

OFX - Best and Worst Value Rates

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

OFX Best Value Rates (Lowest Margins)

Currency Pair OFX Rate Mid Market Rate Margin
NZD/USD 0.5645 0.5735 1.6%
NZD/AUD 0.8673 0.8814 1.6%
NZD/GBP 0.4202 0.4271 1.6%
NZD/HKD 4.3779 4.4549 1.7%
NZD/CAD 0.7897 0.8037 1.7%

OFX Worst Value Rates (Highest Margins)

Currency Pair OFX Rate Mid Market Rate Margin
NZD/TOP 1.2212 1.3809 11.6%
NZD/SBD 4.2117 4.7243 10.9%
NZD/MGA 2,292.06 2,556.39 10.3%
NZD/PGK 2.2646 2.4512 7.6%
NZD/XPF 55.77 58.70 5.0%
 
   

NZD to MGA Market Data

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

 
Sell NZD   →   Buy MGA
1 NZD = 2,698.8 MGA
1d+0.2%
 
NZD to MGA at 2702 is 3.8% above its 3-month average of 2604, having traded in a fairly volatile 8.1% range from 2508 to 2710
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Tracker

Currency Forecasts related to NZD/MGA

NZD to USD 2026 Forecasts

NZD/USD Outlook: Likely to increase, as the rate is significantly above its recent average and near recent highs, supported by improving market conditions.

Read forecast

NZD to EUR 2026 Forecasts

NZD/EUR Outlook: The outlook for NZD/EUR is likely to increase as the rate is currently above its recent average and near recent highs, supported by...

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NZD to JPY 2026 Forecasts

NZD/JPY Outlook: Likely to increase, as the rate is significantly above its recent average and near recent highs with positive external conditions...

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NZD 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 New Zealand dollar are worth in Malagasy ariary across a range of amounts.

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

NZD MGA
NZD MGA
NZ$ 0.0004 Ar 1
NZ$ 0.0019 Ar 5
NZ$ 0.0037 Ar 10
NZ$ 0.0074 Ar 20
NZ$ 0.0186 Ar 50
NZ$ 0.0371 Ar 100
NZ$ 0.0928 Ar 250
NZ$ 0.1855 Ar 500
NZ$ 0.3710 Ar 1,000
NZ$ 0.7420 Ar 2,000
NZ$ 1.8550 Ar 5,000
NZ$ 3.7100 Ar 10,000
NZ$ 7.4200 Ar 20,000
NZ$ 18.55 Ar 50,000
NZ$ 37.10 Ar 100,000

More amounts

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

 
 

What is the OFX Send Money conversion rate for NZD to MGA?

The OFX NZD to MGA exchange rate is 2419.7. This is -10.3% compared to the latest NZD-MGA mid-market rate 2,698.8.

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

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

 

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