Convert MGA to GYD — live rate

Convert Malagasy Ariaries to Guyanaese Dollars and compare the real cost of sending money.

MGA
GYD
1 MGA = 0.0472 GYD Mid-market rate
Updated just now
Compare transfers for MGA → GYD
No signup required FCA-regulated providers only

Historical MGA/GYD exchange rate

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

Quick reference: MGA to GYD

1 MGA 0.05 GYD
5 MGA 0.24 GYD
10 MGA 0.47 GYD
50 MGA 2.36 GYD
100 MGA 4.72 GYD
500 MGA 23.62 GYD
1,000 MGA 47.24 GYD
5,000 MGA 236.21 GYD

Real cost of MGA → GYD

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
GYD — Guyanaese Dollar
ISO Code GYD
Symbol $
Central Bank Bank of Guyana
Common Notes $20, $100, $500, $1000
Learn more about GYD

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