Convert MGA to COP — live rate

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

MGA
COP
1 MGA = 0.8673 COP • Mid-market rate
Updated just now
Compare transfers for MGA → COP
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Historical MGA/COP exchange rate

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

Quick reference: MGA to COP

1 MGA → 0.87 COP
5 MGA → 4.34 COP
10 MGA → 8.67 COP
50 MGA → 43.37 COP
100 MGA → 86.73 COP
500 MGA → 433.66 COP
1,000 MGA → 867.31 COP
5,000 MGA → 4,336.57 COP

Real cost of MGA → COP

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
COP — Colombian Peso
ISO Code COP
Symbol $
Central Bank Central Bank of Colombia
Common Notes $1000, $2000, $5000, $10000, $20000, $50000
Learn more about COP

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