What is the current TRY to MGA exchange rate?

The current mid-market exchange rate is 1 TRY = 94.0330 MGA. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best TRY to MGA rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert TRY to MGA?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the TRY/MGA rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert TRY to MGA — live rate

Convert Turkish Liras to Malagasy Ariaries and compare the real cost of sending money.

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TRY

They receive

MGA

1 TRY = 94.0330 MGA • Mid-market rate

Updated just now

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Historical TRY/MGA exchange rate

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

Quick reference: TRY to MGA

1 TRY → 94.03 MGA

5 TRY → 470.17 MGA

10 TRY → 940.33 MGA

50 TRY → 4,701.65 MGA

100 TRY → 9,403.30 MGA

500 TRY → 47,016.50 MGA

1,000 TRY → 94,033.00 MGA

5,000 TRY → 470,165.00 MGA

Currency snapshots

TRY — Turkish Lira

ISO Code TRY

Symbol ₤

Central Bank Central Bank of the Republic of Turkey

Common Notes 5, 10, 20, 50

Learn more about TRY

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.

Convert TRY to MGA — live rate

Historical TRY/MGA exchange rate

Quick reference: TRY to MGA

Real cost of TRY → MGA

Estimated savings

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Currency snapshots