What is the current MGA to HNL exchange rate?

The current mid-market exchange rate is 1 MGA = 0.0063 HNL. 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 HNL 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 HNL?

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

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

You send

MGA

They receive

HNL

1 MGA = 0.0063 HNL • Mid-market rate

Updated just now

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Historical MGA/HNL exchange rate

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 → 0.63 HNL

500 MGA → 3.17 HNL

1,000 MGA → 6.35 HNL

5,000 MGA → 31.75 HNL

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.

Convert MGA to HNL — live rate

Historical MGA/HNL exchange rate

Quick reference: MGA to HNL

Real cost of MGA → HNL

Estimated savings

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Currency snapshots