Convert ILS to MGA — live rate

Convert Israeli New Shekels to Malagasy Ariaries and compare the real cost of sending money.

ILS
MGA
1 ILS = 1427.3900 MGA • Mid-market rate
Updated just now
Compare transfers for ILS → MGA
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Historical ILS/MGA exchange rate

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

Quick reference: ILS to MGA

1 ILS → 1,427.39 MGA
5 ILS → 7,136.95 MGA
10 ILS → 14,273.90 MGA
50 ILS → 71,369.50 MGA
100 ILS → 142,739.00 MGA
500 ILS → 713,695.00 MGA
1,000 ILS → 1,427,390.00 MGA
5,000 ILS → 7,136,950.00 MGA

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

*Estimate based on typical provider rates

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Currency snapshots

ILS — Israeli New Shekel
ISO Code ILS
Symbol ₪
Central Bank Bank of Israel
Common Notes ₪20, ₪50, ₪100, ₪200
Learn more about ILS
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.