Convert MGA to FKP — live rate

Convert Malagasy Ariaries to Falkland Islands Pounds and compare the real cost of sending money.

MGA
FKP
1 MGA = 0.0002 FKP Mid-market rate
Updated just now
Compare transfers for MGA → FKP
No signup required FCA-regulated providers only

Historical MGA/FKP exchange rate

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

Quick reference: MGA to FKP

1 MGA 0.00 FKP
5 MGA 0.00 FKP
10 MGA 0.00 FKP
50 MGA 0.01 FKP
100 MGA 0.02 FKP
500 MGA 0.09 FKP
1,000 MGA 0.18 FKP
5,000 MGA 0.90 FKP

Real cost of MGA → FKP

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
FKP — Falkland Islands Pound
ISO Code FKP
Symbol £
Central Bank Government of the Falkland Islands
Common Notes £5, £10, £20, £50
Learn more about FKP

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