What is the current MGA to GEL exchange rate?

The current mid-market exchange rate is 1 MGA = 0.0007 GEL. 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 GEL 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 GEL?

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

Convert Malagasy Ariaries to Georgian Laris and compare the real cost of sending money.

You send

MGA

They receive

GEL

1 MGA = 0.0007 GEL • Mid-market rate

Updated just now

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Historical MGA/GEL exchange rate

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

Quick reference: MGA to GEL

1 MGA → 0.00 GEL

5 MGA → 0.00 GEL

10 MGA → 0.01 GEL

50 MGA → 0.03 GEL

100 MGA → 0.07 GEL

500 MGA → 0.33 GEL

1,000 MGA → 0.65 GEL

5,000 MGA → 3.27 GEL

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

GEL — Georgian Lari

ISO Code GEL

Central Bank National Bank of Georgia

Common Notes 1, 2, 5, 10, 20, 50, 100, 200

Learn more about GEL

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

Convert MGA to GEL — live rate

Historical MGA/GEL exchange rate

Quick reference: MGA to GEL

Real cost of MGA → GEL

Estimated savings

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Currency snapshots