What is the current MGA to ARS exchange rate?

The current mid-market exchange rate is 1 MGA = 0.3256 ARS. 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 ARS 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 ARS?

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

Convert Malagasy Ariaries to Argentine Pesos and compare the real cost of sending money.

You send

MGA

They receive

ARS

1 MGA = 0.3256 ARS • Mid-market rate

Updated just now

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Historical MGA/ARS exchange rate

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

Quick reference: MGA to ARS

1 MGA → 0.33 ARS

5 MGA → 1.63 ARS

10 MGA → 3.26 ARS

50 MGA → 16.28 ARS

100 MGA → 32.56 ARS

500 MGA → 162.78 ARS

1,000 MGA → 325.56 ARS

5,000 MGA → 1,627.80 ARS

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

ARS — Argentine Peso

ISO Code ARS

Symbol $

Central Bank Central Bank of Argentina

Common Notes $2, $5, $10, $20, $50, $100

Learn more about ARS

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

Convert MGA to ARS — live rate

Historical MGA/ARS exchange rate

Quick reference: MGA to ARS

Real cost of MGA → ARS

Estimated savings

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Currency snapshots