Convert HKD to MGA — live rate

Convert Hong Kong Dollars to Malagasy Ariaries and compare the real cost of sending money.

HKD
MGA
1 HKD = 550.5500 MGA • Mid-market rate
Updated just now
Compare transfers for HKD → MGA
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Historical HKD/MGA exchange rate

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

Quick reference: HKD to MGA

1 HKD → 550.55 MGA
5 HKD → 2,752.75 MGA
10 HKD → 5,505.50 MGA
50 HKD → 27,527.50 MGA
100 HKD → 55,055.00 MGA
500 HKD → 275,275.00 MGA
1,000 HKD → 550,550.00 MGA
5,000 HKD → 2,752,750.00 MGA

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

*Estimate based on typical provider rates

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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.