What is the current MGA to GMD exchange rate?

The current mid-market exchange rate is 1 MGA = 0.0176 GMD. 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 GMD 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 GMD?

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

Convert Malagasy Ariaries to Gambian Dalasis and compare the real cost of sending money.

You send

MGA

They receive

GMD

1 MGA = 0.0176 GMD • Mid-market rate

Updated just now

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Historical MGA/GMD exchange rate

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

Quick reference: MGA to GMD

1 MGA → 0.02 GMD

5 MGA → 0.09 GMD

10 MGA → 0.18 GMD

50 MGA → 0.88 GMD

100 MGA → 1.76 GMD

500 MGA → 8.82 GMD

1,000 MGA → 17.65 GMD

5,000 MGA → 88.24 GMD

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

GMD — Gambian Dalasi

ISO Code GMD

Central Bank Central Bank of the Gambia

Common Notes 5, 10, 25, 50, 100 dalasis

Learn more about GMD

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

Convert MGA to GMD — live rate

Historical MGA/GMD exchange rate

Quick reference: MGA to GMD

Real cost of MGA → GMD

Estimated savings

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Currency snapshots