Convert MGA to COP — live rate

Convert Malagasy Ariaries to Colombian Pesos and compare the real cost of sending money.

MGA
COP
1 MGA = 0.8233 COP Mid-market rate
Updated just now
Compare transfers for MGA → COP
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Historical MGA/COP exchange rate

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

Quick reference: MGA to COP

1 MGA 0.82 COP
5 MGA 4.12 COP
10 MGA 8.23 COP
50 MGA 41.16 COP
100 MGA 82.33 COP
500 MGA 411.63 COP
1,000 MGA 823.27 COP
5,000 MGA 4,116.33 COP

Real cost of MGA → COP

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
COP — Colombian Peso
ISO Code COP
Symbol $
Central Bank Central Bank of Colombia
Common Notes $1000, $2000, $5000, $10000, $20000, $50000
Learn more about COP

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