What is the current HKD to MGA exchange rate?

The current mid-market exchange rate is 1 HKD = 586.4220 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 HKD 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 HKD to MGA?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the HKD/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 Hong Kong Dollars to Malagasy Ariaries

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1 HKD = 586.4220 MGA • Mid-market rate

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Historical HKD/MGA exchange rate

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

Quick reference: HKD to MGA

1 HKD → 586.42 MGA

5 HKD → 2,932.11 MGA

10 HKD → 5,864.22 MGA

50 HKD → 29,321.10 MGA

100 HKD → 58,642.20 MGA

500 HKD → 293,211.00 MGA

1,000 HKD → 586,422.00 MGA

5,000 HKD → 2,932,110.00 MGA

Currency snapshots

HKD — Hong Kong Dollar

ISO Code HKD

Symbol $

Central Bank Hong Kong Monetary Authority

Common Notes HK$20, HK$50, HK$100, HK$500, HK$1000

Learn more about HKD

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 HKD to MGA — live rate

Historical HKD/MGA exchange rate

Quick reference: HKD to MGA

Real cost of HKD → MGA

Estimated savings

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Currency snapshots