Convert MGA to AFN — live rate

Convert Malagasy Ariaries to Afghan Afghanis and compare the real cost of sending money.

MGA
AFN
1 MGA = 0.0155 AFN • Mid-market rate
Updated just now
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Historical MGA/AFN exchange rate

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

Quick reference: MGA to AFN

1 MGA → 0.02 AFN
5 MGA → 0.08 AFN
10 MGA → 0.16 AFN
50 MGA → 0.78 AFN
100 MGA → 1.55 AFN
500 MGA → 7.77 AFN
1,000 MGA → 15.53 AFN
5,000 MGA → 77.66 AFN

Real cost of MGA → AFN

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 MGA
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

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
AFN — Afghan Afghani
ISO Code AFN
Symbol Afs
Central Bank Da Afghanistan Bank
Common Notes 1Afs, 2Afs, 5Afs, 10Afs, 20Afs, 50Afs, 100Afs, 500Afs, 1000Afs
Learn more about AFN

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.