Convert IRR to MGA — live rate

Convert Iranian Rials to Malagasy Ariaries and compare the real cost of sending money.

IRR
MGA
1 IRR = 0.0030 MGA • Mid-market rate
Updated just now
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Historical IRR/MGA exchange rate

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

Quick reference: IRR to MGA

1 IRR → 0.00 MGA
5 IRR → 0.02 MGA
10 IRR → 0.03 MGA
50 IRR → 0.15 MGA
100 IRR → 0.30 MGA
500 IRR → 1.52 MGA
1,000 IRR → 3.04 MGA
5,000 IRR → 15.19 MGA

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

*Estimate based on typical provider rates

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Currency snapshots

IRR — Iranian Rial
ISO Code IRR
Symbol ﷼
Central Bank Central Bank of the Islamic Republic of Iran
Common Notes ﷼5000﷼100, ﷼200, ﷼500, ﷼1000, ﷼2000, ﷼10000, ﷼20000, ﷼50000, ﷼100000
Learn more about IRR
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.