Convert MGA to GNF — live rate

Convert Malagasy Ariaries to Guinean Francs and compare the real cost of sending money.

MGA
GNF
1 MGA = 2.1259 GNF Mid-market rate
Updated just now
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Historical MGA/GNF exchange rate

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

Quick reference: MGA to GNF

1 MGA 2.13 GNF
5 MGA 10.63 GNF
10 MGA 21.26 GNF
50 MGA 106.30 GNF
100 MGA 212.59 GNF
500 MGA 1,062.96 GNF
1,000 MGA 2,125.92 GNF
5,000 MGA 10,629.60 GNF

Real cost of MGA → GNF

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
GNF — Guinean Franc
ISO Code GNF
Central Bank Central Bank of the Republic of Guinea
Common Notes 100, 500, 1000, 5000, 10000
Learn more about GNF

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