Convert HUF to MGA — live rate

Convert Hungarian Forints to Malagasy Ariaries and compare the real cost of sending money.

HUF
MGA
1 HUF = 12.2356 MGA Mid-market rate
Updated just now
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Historical HUF/MGA exchange rate

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

Quick reference: HUF to MGA

1 HUF 12.24 MGA
5 HUF 61.18 MGA
10 HUF 122.36 MGA
50 HUF 611.78 MGA
100 HUF 1,223.56 MGA
500 HUF 6,117.80 MGA
1,000 HUF 12,235.60 MGA
5,000 HUF 61,178.00 MGA

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

*Estimate based on typical provider rates

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Currency snapshots

HUF — Hungarian Forint
ISO Code HUF
Symbol Ft
Central Bank Hungarian National Bank
Common Notes Ft500, Ft1000, Ft2000, Ft5000, Ft10000, Ft20000
Learn more about HUF
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.