Convert RON to MGA — live rate

Convert Romanian Leus to Malagasy Ariaries and compare the real cost of sending money.

RON
MGA
1 RON = 960.9740 MGA Mid-market rate
Updated just now
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Historical RON/MGA exchange rate

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

Quick reference: RON to MGA

1 RON 960.97 MGA
5 RON 4,804.87 MGA
10 RON 9,609.74 MGA
50 RON 48,048.70 MGA
100 RON 96,097.40 MGA
500 RON 480,487.00 MGA
1,000 RON 960,974.00 MGA
5,000 RON 4,804,870.00 MGA

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

*Estimate based on typical provider rates

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Currency snapshots

RON — Romanian Leu
ISO Code RON
Symbol lei
Central Bank National Bank of Romania
Common Notes lei1, lei5, lei10, lei50, lei100
Learn more about RON
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.