Convert MGA to HKD — live rate

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

MGA
HKD
1 MGA = 0.0017 HKD • Mid-market rate
Updated just now
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Historical MGA/HKD exchange rate

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

Quick reference: MGA to HKD

1 MGA → 0.00 HKD
5 MGA → 0.01 HKD
10 MGA → 0.02 HKD
50 MGA → 0.09 HKD
100 MGA → 0.17 HKD
500 MGA → 0.86 HKD
1,000 MGA → 1.73 HKD
5,000 MGA → 8.64 HKD

Real cost of MGA → HKD

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
HKD — Hong Kong Dollar
ISO Code HKD
Symbol $
Central Bank Hong Kong Monetary Authority
Common Notes HK$20, HK$50, HK$100, HK$500, HK$1000
Learn more about HKD

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