What is the current MGA to BWP exchange rate?

The current mid-market exchange rate is 1 MGA = 0.0031 BWP. 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 BWP 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 BWP?

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

Convert Malagasy Ariaries to Botswanan Pulas and compare the real cost of sending money.

You send

MGA

They receive

BWP

1 MGA = 0.0031 BWP • Mid-market rate

Updated just now

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Historical MGA/BWP exchange rate

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

Quick reference: MGA to BWP

1 MGA → 0.00 BWP

5 MGA → 0.02 BWP

10 MGA → 0.03 BWP

50 MGA → 0.15 BWP

100 MGA → 0.31 BWP

500 MGA → 1.54 BWP

1,000 MGA → 3.09 BWP

5,000 MGA → 15.44 BWP

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

BWP — Botswanan Pula

ISO Code BWP

Symbol P

Central Bank Bank of Botswana

Common Notes P10, P20, P50, P100, P200

Learn more about BWP

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

Convert MGA to BWP — live rate

Historical MGA/BWP exchange rate

Quick reference: MGA to BWP

Real cost of MGA → BWP

Estimated savings

Compare MGA → BWP providers

Currency snapshots