What is the current SGD to MGA exchange rate?

The current mid-market exchange rate is 1 SGD = 3245.9700 MGA. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best SGD to MGA rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert SGD to MGA?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the SGD/MGA rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert SGD to MGA — live rate

Convert Singapore Dollars to Malagasy Ariaries and compare the real cost of sending money.

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SGD

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MGA

1 SGD = 3245.9700 MGA • Mid-market rate

Updated just now

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Historical SGD/MGA exchange rate

Rates shown are indicative mid-market rates, updated regularly.

Quick reference: SGD to MGA

1 SGD → 3,245.97 MGA

5 SGD → 16,229.85 MGA

10 SGD → 32,459.70 MGA

50 SGD → 162,298.50 MGA

100 SGD → 324,597.00 MGA

500 SGD → 1,622,985.00 MGA

1,000 SGD → 3,245,970.00 MGA

5,000 SGD → 16,229,850.00 MGA

Currency snapshots

SGD — Singapore Dollar

ISO Code SGD

Symbol $

Central Bank Monetary Authority of Singapore

Common Notes $2, $5, $10, $50

Learn more about SGD

MGA — Malagasy Ariary

ISO Code MGA

Central Bank Banque Centrale de Madagascar

Common Notes Ar100, Ar200, Ar500, Ar1000, Ar2000, Ar5000, Ar10000

Learn more about MGA

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.

Convert SGD to MGA — live rate

Historical SGD/MGA exchange rate

Quick reference: SGD to MGA

Real cost of SGD → MGA

Estimated savings

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Currency snapshots