What is the current MGA to ALL exchange rate?

The current mid-market exchange rate is 1 MGA = 0.0196 ALL. 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 MGA to ALL 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 MGA to ALL?

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

Convert Malagasy Ariaries to Albanian Leks and compare the real cost of sending money.

You send

MGA

They receive

ALL

1 MGA = 0.0196 ALL • Mid-market rate

Updated just now

Compare transfers for MGA → ALL

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Historical MGA/ALL exchange rate

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

Quick reference: MGA to ALL

1 MGA → 0.02 ALL

5 MGA → 0.10 ALL

10 MGA → 0.20 ALL

50 MGA → 0.98 ALL

100 MGA → 1.96 ALL

500 MGA → 9.78 ALL

1,000 MGA → 19.55 ALL

5,000 MGA → 97.75 ALL

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

ALL — Albanian Lek

ISO Code ALL

Symbol Lek

Central Bank Bank of Albania

Common Notes Lek200, Lek500, Lek1000, Lek2000, Lek5000

Learn more about ALL

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

Convert MGA to ALL — live rate

Historical MGA/ALL exchange rate

Quick reference: MGA to ALL

Real cost of MGA → ALL

Estimated savings

Compare MGA → ALL providers

Currency snapshots