What is the current EGP to MGA exchange rate?

The current mid-market exchange rate is 1 EGP = 84.6104 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 EGP 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 EGP to MGA?

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

Convert Egyptian Pounds to Malagasy Ariaries and compare the real cost of sending money.

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EGP

They receive

MGA

1 EGP = 84.6104 MGA • Mid-market rate

Updated just now

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Historical EGP/MGA exchange rate

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

Quick reference: EGP to MGA

1 EGP → 84.61 MGA

5 EGP → 423.05 MGA

10 EGP → 846.10 MGA

50 EGP → 4,230.52 MGA

100 EGP → 8,461.04 MGA

500 EGP → 42,305.20 MGA

1,000 EGP → 84,610.40 MGA

5,000 EGP → 423,052.00 MGA

Currency snapshots

EGP — Egyptian Pound

ISO Code EGP

Symbol £

Central Bank Central Bank of Egypt

Common Notes £1, £5, £10, £20, £50, £100, £200, Pt5, Pt10, Pt25, Pt50

Learn more about EGP

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 EGP to MGA — live rate

Historical EGP/MGA exchange rate

Quick reference: EGP to MGA

Real cost of EGP → MGA

Estimated savings

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Currency snapshots