Convert MGA to GEL — live rate

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

MGA
GEL
1 MGA = 0.0007 GEL Mid-market rate
Updated just now
Compare transfers for MGA → GEL
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Historical MGA/GEL exchange rate

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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

Real cost of MGA → GEL

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
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.