Convert AZN to MGA — live rate

Convert Azerbaijani Manats to Malagasy Ariaries and compare the real cost of sending money.

AZN
MGA
1 AZN = 2702.9900 MGA Mid-market rate
Updated just now
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Historical AZN/MGA exchange rate

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

Quick reference: AZN to MGA

1 AZN 2,702.99 MGA
5 AZN 13,514.95 MGA
10 AZN 27,029.90 MGA
50 AZN 135,149.50 MGA
100 AZN 270,299.00 MGA
500 AZN 1,351,495.00 MGA
1,000 AZN 2,702,990.00 MGA
5,000 AZN 13,514,950.00 MGA

Real cost of AZN → MGA

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 AZN
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

AZN — Azerbaijani Manat
ISO Code AZN
Symbol ман
Central Bank Central Bank of the Republic of Azerbaijan
Common Notes ман1, ман5, ман10, ман20, ман50, ман100
Learn more about AZN
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.