Convert MGA to HNL — live rate

Convert Malagasy Ariaries to Honduran Lempiras and compare the real cost of sending money.

MGA
HNL
1 MGA = 0.0064 HNL Mid-market rate
Updated just now
Compare transfers for MGA → HNL
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Historical MGA/HNL exchange rate

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

Quick reference: MGA to HNL

1 MGA 0.01 HNL
5 MGA 0.03 HNL
10 MGA 0.06 HNL
50 MGA 0.32 HNL
100 MGA 0.64 HNL
500 MGA 3.18 HNL
1,000 MGA 6.36 HNL
5,000 MGA 31.79 HNL

Real cost of MGA → HNL

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
HNL — Honduran Lempira
ISO Code HNL
Symbol L
Central Bank Central Bank of Honduras
Common Notes L1, L2, L10, L20, L50, L100, L500
Learn more about HNL

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