What is the current MGA to CUP exchange rate?

The current mid-market exchange rate is 1 MGA = 0.0053 CUP. 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 CUP 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 CUP?

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

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

You send

MGA

They receive

CUP

1 MGA = 0.0053 CUP • Mid-market rate

Updated just now

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Historical MGA/CUP exchange rate

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

Quick reference: MGA to CUP

1 MGA → 0.01 CUP

5 MGA → 0.03 CUP

10 MGA → 0.05 CUP

50 MGA → 0.27 CUP

100 MGA → 0.53 CUP

500 MGA → 2.65 CUP

1,000 MGA → 5.30 CUP

5,000 MGA → 26.52 CUP

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

CUP — Cuban Peso

ISO Code CUP

Symbol ₱

Central Bank Central Bank of Cuba

Common Notes ₱1, ₱3, ₱5, ₱10, ₱20, ₱50, ₱100

Learn more about CUP

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

Convert MGA to CUP — live rate

Historical MGA/CUP exchange rate

Quick reference: MGA to CUP

Real cost of MGA → CUP

Estimated savings

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Currency snapshots