What is the current IDR to MGA exchange rate?

The current mid-market exchange rate is 1 IDR = 0.2475 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 IDR 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 IDR to MGA?

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

Convert Indonesian Rupiahs to Malagasy Ariaries and compare the real cost of sending money.

You send

IDR

They receive

MGA

1 IDR = 0.2475 MGA • Mid-market rate

Updated just now

Compare transfers for IDR → MGA

No signup required • FCA-regulated providers only

Historical IDR/MGA exchange rate

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

Quick reference: IDR to MGA

1 IDR → 0.25 MGA

5 IDR → 1.24 MGA

10 IDR → 2.48 MGA

50 IDR → 12.38 MGA

100 IDR → 24.75 MGA

500 IDR → 123.76 MGA

1,000 IDR → 247.53 MGA

5,000 IDR → 1,237.65 MGA

Currency snapshots

IDR — Indonesian Rupiah

ISO Code IDR

Symbol Rp

Central Bank Central Bank of Republic of Indonesia

Common Notes Rp1000, Rp2000, Rp5000, Rp10000, Rp20000, Rp50000, Rp100000

Learn more about IDR

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 IDR to MGA — live rate

Historical IDR/MGA exchange rate

Quick reference: IDR to MGA

Real cost of IDR → MGA

Estimated savings

Compare IDR → MGA providers

Currency snapshots