Convert MGA to IDR — live rate

Convert Malagasy Ariaries to Indonesian Rupiahs and compare the real cost of sending money.

MGA
IDR
1 MGA = 4.2332 IDR • Mid-market rate
Updated just now
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Historical MGA/IDR exchange rate

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

Quick reference: MGA to IDR

1 MGA → 4.23 IDR
5 MGA → 21.17 IDR
10 MGA → 42.33 IDR
50 MGA → 211.66 IDR
100 MGA → 423.32 IDR
500 MGA → 2,116.60 IDR
1,000 MGA → 4,233.19 IDR
5,000 MGA → 21,165.95 IDR

Real cost of MGA → IDR

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
IDR — Indonesian Rupiah
ISO Code IDR
Symbol Rp
Central Bank Central Bank of Republic of Indonesia
Common Notes Rp1000, Rp2000, Rp5000, Rp10000, Rp20000, Rp50000, Rp100000
Learn more about IDR

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