Convert MGA to CLP — live rate

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

MGA
CLP
1 MGA = 0.2145 CLP Mid-market rate
Updated just now
Compare transfers for MGA → CLP
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Historical MGA/CLP exchange rate

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

Quick reference: MGA to CLP

1 MGA 0.21 CLP
5 MGA 1.07 CLP
10 MGA 2.15 CLP
50 MGA 10.73 CLP
100 MGA 21.45 CLP
500 MGA 107.25 CLP
1,000 MGA 214.50 CLP
5,000 MGA 1,072.50 CLP

Real cost of MGA → CLP

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
CLP — Chilean Peso
ISO Code CLP
Symbol $
Central Bank Banco Central De Chile
Common Notes $1000, $2000, $5000, $10000, $20000
Learn more about CLP

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