Convert BGN to MGA — live rate

Convert Bulgarian Levs to Malagasy Ariaries and compare the real cost of sending money.

BGN
MGA
1 BGN = 2754.3700 MGA • Mid-market rate
Updated just now
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Historical BGN/MGA exchange rate

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

Quick reference: BGN to MGA

1 BGN → 2,754.37 MGA
5 BGN → 13,771.85 MGA
10 BGN → 27,543.70 MGA
50 BGN → 137,718.50 MGA
100 BGN → 275,437.00 MGA
500 BGN → 1,377,185.00 MGA
1,000 BGN → 2,754,370.00 MGA
5,000 BGN → 13,771,850.00 MGA

Real cost of BGN → 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 BGN
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

BGN — Bulgarian Lev
ISO Code BGN
Symbol лв
Central Bank Bulgarian National Bank
Common Notes лв2, лв5, лв10, лв20, лв50, лв100
Learn more about BGN
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.