What is the current AMD to MGA exchange rate?

The current mid-market exchange rate is 1 AMD = 11.9473 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 AMD 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 AMD to MGA?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the AMD/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 AMD to MGA — live rate

Convert Armenian Drams to Malagasy Ariaries and compare the real cost of sending money.

You send

AMD

They receive

MGA

1 AMD = 11.9473 MGA • Mid-market rate

Updated just now

Compare transfers for AMD → MGA

No signup required • FCA-regulated providers only

Historical AMD/MGA exchange rate

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

Quick reference: AMD to MGA

1 AMD → 11.95 MGA

5 AMD → 59.74 MGA

10 AMD → 119.47 MGA

50 AMD → 597.37 MGA

100 AMD → 1,194.73 MGA

500 AMD → 5,973.65 MGA

1,000 AMD → 11,947.30 MGA

5,000 AMD → 59,736.50 MGA

Currency snapshots

AMD — Armenian Dram

ISO Code AMD

Central Bank Central Bank of Armenia

Common Notes 500, 1000, 5000, 10000, 20000, 50000, 100000

Learn more about AMD

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 AMD to MGA — live rate

Historical AMD/MGA exchange rate

Quick reference: AMD to MGA

Real cost of AMD → MGA

Estimated savings

Compare AMD → MGA providers

Currency snapshots