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MGA to USD Exchange Rates & Currency Deals

MGA-USD 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 details and click ‘Get Rates’.

 
 
   

MGA to USD Market Data

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

 
Sell MGA   →   Buy USD
1 MGA = 0.000221 USD
+0.5% since yesterday
MGA to USD is at 7-day highs near 0.000221, just 0.9% above its 3-month average of 0.000219, having traded in a relatively stable 7.1% range from 0.000211 to 0.000226
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Tracker

  1 USD = 4,534.7 MGA

Is the MGA to USD 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 Malagasy ariary against the US dollar is to review how the MGA/USD rate has changed over time.

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

DateMGA/USDPeriod
17 May 2025
0.000220
2 Week
02 Mar 2025
0.000210
3 Month
31 May 2024
0.000225
1 Year
01 Jun 2020
0.000263
5 Year
03 Jun 2015
0.000316
10 Year
MGA/USD historic rates
 

MGA to USD 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 Malagasy ariary are worth in US dollar across a range of amounts.

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

MGA USD
Ar 1 $ 0.0002
Ar 5 $ 0.0011
Ar 10 $ 0.0022
Ar 20 $ 0.0044
Ar 50 $ 0.0111
Ar 100 $ 0.0221
Ar 250 $ 0.0553
Ar 500 $ 0.1105
Ar 1,000 $ 0.2210
Ar 2,000 $ 0.4420
Ar 5,000 $ 1.1050
Ar 10,000 $ 2.2100
Ar 20,000 $ 4.4200
Ar 50,000 $ 11.05
Ar 100,000 $ 22.10
MGA USD
Ar 4.0000 $ 1
Ar 20.00 $ 5
Ar 40.00 $ 10
Ar 80.00 $ 20
Ar 200.00 $ 50
Ar 400.00 $ 100
Ar 1,000 $ 250
Ar 2,000 $ 500
Ar 4,000 $ 1,000
Ar 8,000 $ 2,000
Ar 20,000 $ 5,000
Ar 40,000 $ 10,000
Ar 80,000 $ 20,000
Ar 200,000 $ 50,000
Ar 400,000 $ 100,000

More amounts

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

 
 

What is the best Send Money conversion rate for MGA to USD?

The best MGA to USD exchange rate is 0.0002 from WorldRemit. This is -9.5% compared to the mid-market rate 0.000221.

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

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

How do MGA-USD rates compare between providers?

Looking at the full comparison table the best MGA to USD exchange rate is 0.0002 from WorldRemit, -9.5% from the mid-market rate 0.000221.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.

 

Compare MGA to USD Transfer Rates

   

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