What is the current MGA to IDR exchange rate?

The current mid-market exchange rate is 1 MGA = 4.3007 IDR. 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 IDR 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 IDR?

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

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

You send

MGA

They receive

IDR

1 MGA = 4.3007 IDR • Mid-market rate

Updated just now

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Historical MGA/IDR exchange rate

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

Quick reference: MGA to IDR

1 MGA → 4.30 IDR

5 MGA → 21.50 IDR

10 MGA → 43.01 IDR

50 MGA → 215.03 IDR

100 MGA → 430.07 IDR

500 MGA → 2,150.33 IDR

1,000 MGA → 4,300.65 IDR

5,000 MGA → 21,503.25 IDR

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.

Convert MGA to IDR — live rate

Historical MGA/IDR exchange rate

Quick reference: MGA to IDR

Real cost of MGA → IDR

Estimated savings

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Currency snapshots