Convert EGP to MGA — live rate

Convert Egyptian Pounds to Malagasy Ariaries and compare the real cost of sending money.

EGP
MGA
1 EGP = 94.2815 MGA • Mid-market rate
Updated just now
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Historical EGP/MGA exchange rate

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

Quick reference: EGP to MGA

1 EGP → 94.28 MGA
5 EGP → 471.41 MGA
10 EGP → 942.81 MGA
50 EGP → 4,714.08 MGA
100 EGP → 9,428.15 MGA
500 EGP → 47,140.75 MGA
1,000 EGP → 94,281.50 MGA
5,000 EGP → 471,407.50 MGA

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

*Estimate based on typical provider rates

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Currency snapshots

EGP — Egyptian Pound
ISO Code EGP
Symbol £
Central Bank Central Bank of Egypt
Common Notes £1, £5, £10, £20, £50, £100, £200, Pt5, Pt10, Pt25, Pt50
Learn more about EGP
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.