Convert LRD to MGA — live rate

Convert Liberian Dollars to Malagasy Ariaries and compare the real cost of sending money.

LRD
MGA
1 LRD = 23.7098 MGA • Mid-market rate
Updated just now
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Historical LRD/MGA exchange rate

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

Quick reference: LRD to MGA

1 LRD → 23.71 MGA
5 LRD → 118.55 MGA
10 LRD → 237.10 MGA
50 LRD → 1,185.49 MGA
100 LRD → 2,370.98 MGA
500 LRD → 11,854.90 MGA
1,000 LRD → 23,709.80 MGA
5,000 LRD → 118,549.00 MGA

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

*Estimate based on typical provider rates

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Currency snapshots

LRD — Liberian Dollar
ISO Code LRD
Symbol $
Central Bank Central Bank of Liberia
Common Notes 5, 10, 20, 50, and 100 dollars
Learn more about LRD
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.