Convert MGA to BHD — live rate

Convert Malagasy Ariaries to Bahraini Dinars and compare the real cost of sending money.

MGA
BHD
1 MGA = 0.0001 BHD Mid-market rate
Updated just now
Compare transfers for MGA → BHD
No signup required FCA-regulated providers only

Historical MGA/BHD exchange rate

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

Quick reference: MGA to BHD

1 MGA 0.00 BHD
5 MGA 0.00 BHD
10 MGA 0.00 BHD
50 MGA 0.00 BHD
100 MGA 0.01 BHD
500 MGA 0.04 BHD
1,000 MGA 0.08 BHD
5,000 MGA 0.41 BHD

Real cost of MGA → BHD

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 MGA
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

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
BHD — Bahraini Dinar
ISO Code BHD
Central Bank Central Bank of Bahrain
Common Notes 500, 1, 5, 10, 20
Learn more about BHD

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.