What is the current MGA to BHD exchange rate?

The current mid-market exchange rate is 1 MGA = 0.0001 BHD. 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 MGA to BHD 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 MGA to BHD?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the MGA/BHD 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 MGA to BHD — live rate

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

You send

MGA

They receive

BHD

1 MGA = 0.0001 BHD • Mid-market rate

Updated just now

Compare transfers for MGA → BHD

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Historical MGA/BHD exchange rate

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

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.

Convert MGA to BHD — live rate

Historical MGA/BHD exchange rate

Quick reference: MGA to BHD

Real cost of MGA → BHD

Estimated savings

Compare MGA → BHD providers

Currency snapshots