Convert HNL to MGA — live rate

Convert Honduran Lempiras to Malagasy Ariaries and compare the real cost of sending money.

HNL
MGA
1 HNL = 157.4410 MGA • Mid-market rate
Updated just now
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Historical HNL/MGA exchange rate

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

Quick reference: HNL to MGA

1 HNL → 157.44 MGA
5 HNL → 787.21 MGA
10 HNL → 1,574.41 MGA
50 HNL → 7,872.05 MGA
100 HNL → 15,744.10 MGA
500 HNL → 78,720.50 MGA
1,000 HNL → 157,441.00 MGA
5,000 HNL → 787,205.00 MGA

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

*Estimate based on typical provider rates

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Currency snapshots

HNL — Honduran Lempira
ISO Code HNL
Symbol L
Central Bank Central Bank of Honduras
Common Notes L1, L2, L10, L20, L50, L100, L500
Learn more about HNL
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.