Convert PYG to MGA — live rate

Convert Paraguayan Guaranis to Malagasy Ariaries and compare the real cost of sending money.

PYG
MGA
1 PYG = 0.6836 MGA • Mid-market rate
Updated just now
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Historical PYG/MGA exchange rate

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

Quick reference: PYG to MGA

1 PYG → 0.68 MGA
5 PYG → 3.42 MGA
10 PYG → 6.84 MGA
50 PYG → 34.18 MGA
100 PYG → 68.36 MGA
500 PYG → 341.78 MGA
1,000 PYG → 683.57 MGA
5,000 PYG → 3,417.85 MGA

Real cost of PYG → MGA

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

*Estimate based on typical provider rates

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Currency snapshots

PYG — Paraguayan Guarani
ISO Code PYG
Symbol Gs
Central Bank Banco Central del Paraguay
Common Notes Gs1000, Gs2000, Gs5000, Gs10000, Gs20000, Gs50000, Gs100000
Learn more about PYG
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

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