What is the current DZD to MGA exchange rate?

The current mid-market exchange rate is 1 DZD = 31.3134 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 DZD 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 DZD to MGA?

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

Convert Algerian Dinars to Malagasy Ariaries and compare the real cost of sending money.

You send

DZD

They receive

MGA

1 DZD = 31.3134 MGA • Mid-market rate

Updated just now

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Historical DZD/MGA exchange rate

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

Quick reference: DZD to MGA

1 DZD → 31.31 MGA

5 DZD → 156.57 MGA

10 DZD → 313.13 MGA

50 DZD → 1,565.67 MGA

100 DZD → 3,131.34 MGA

500 DZD → 15,656.70 MGA

1,000 DZD → 31,313.40 MGA

5,000 DZD → 156,567.00 MGA

Currency snapshots

DZD — Algerian Dinar

ISO Code DZD

Central Bank Bank of Algeria

Common Notes 100, 200, 500, 1000, 2000

Learn more about DZD

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 DZD to MGA — live rate

Historical DZD/MGA exchange rate

Quick reference: DZD to MGA

Real cost of DZD → MGA

Estimated savings

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Currency snapshots