Convert MGA to BAM — live rate

Convert Malagasy Ariaries to Bosnian Convertible Marks and compare the real cost of sending money.

MGA
BAM
1 MGA = 0.0004 BAM • Mid-market rate
Updated just now
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Historical MGA/BAM exchange rate

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

Quick reference: MGA to BAM

1 MGA → 0.00 BAM
5 MGA → 0.00 BAM
10 MGA → 0.00 BAM
50 MGA → 0.02 BAM
100 MGA → 0.04 BAM
500 MGA → 0.20 BAM
1,000 MGA → 0.40 BAM
5,000 MGA → 2.01 BAM

Real cost of MGA → BAM

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
BAM — Bosnian Convertible Mark
ISO Code BAM
Symbol KM
Central Bank Central bank of Bosnia and Herzegovina
Common Notes KM10, KM20, KM50, KM100, KM200
Learn more about BAM

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