What is the current BDT to MGA exchange rate?

The current mid-market exchange rate is 1 BDT = 33.9663 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 BDT 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 BDT to MGA?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the BDT/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 BDT to MGA — live rate

Convert Bangladeshi Takas to Malagasy Ariaries and compare the real cost of sending money.

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BDT

They receive

MGA

1 BDT = 33.9663 MGA • Mid-market rate

Updated just now

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Historical BDT/MGA exchange rate

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

Quick reference: BDT to MGA

1 BDT → 33.97 MGA

5 BDT → 169.83 MGA

10 BDT → 339.66 MGA

50 BDT → 1,698.31 MGA

100 BDT → 3,396.63 MGA

500 BDT → 16,983.15 MGA

1,000 BDT → 33,966.30 MGA

5,000 BDT → 169,831.50 MGA

Currency snapshots

BDT — Bangladeshi Taka

ISO Code BDT

Central Bank Bangladesh Bank

Common Notes Tk2, Tk5, Tk10, Tk20, Tk50, Tk100, Tk500, Tk1000

Learn more about BDT

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 BDT to MGA — live rate

Historical BDT/MGA exchange rate

Quick reference: BDT to MGA

Real cost of BDT → MGA

Estimated savings

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Currency snapshots