Convert QAR to MGA — live rate

Convert Qatari Rials to Malagasy Ariaries and compare the real cost of sending money.

QAR
MGA
1 QAR = 1186.1300 MGA • Mid-market rate
Updated just now
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Historical QAR/MGA exchange rate

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

Quick reference: QAR to MGA

1 QAR → 1,186.13 MGA
5 QAR → 5,930.65 MGA
10 QAR → 11,861.30 MGA
50 QAR → 59,306.50 MGA
100 QAR → 118,613.00 MGA
500 QAR → 593,065.00 MGA
1,000 QAR → 1,186,130.00 MGA
5,000 QAR → 5,930,650.00 MGA

Real cost of QAR → 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 QAR
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

QAR — Qatari Rial
ISO Code QAR
Symbol ﷼
Central Bank Qatar Central Bank
Common Notes ﷼1, ﷼5, ﷼10, ﷼50, ﷼100, ﷼500
Learn more about QAR
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.