Convert MGA to KYD — live rate

Convert Malagasy Ariaries to Cayman Islands Dollars and compare the real cost of sending money.

MGA
KYD
1 MGA = 0.0002 KYD • Mid-market rate
Updated just now
Compare transfers for MGA → KYD
No signup required • FCA-regulated providers only

Historical MGA/KYD exchange rate

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

Quick reference: MGA to KYD

1 MGA → 0.00 KYD
5 MGA → 0.00 KYD
10 MGA → 0.00 KYD
50 MGA → 0.01 KYD
100 MGA → 0.02 KYD
500 MGA → 0.10 KYD
1,000 MGA → 0.20 KYD
5,000 MGA → 1.00 KYD

Real cost of MGA → KYD

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
KYD — Cayman Islands Dollar
ISO Code KYD
Symbol $
Central Bank Cayman Islands Monetary Authority
Common Notes $1, $5, $10, $25, $50, $100
Learn more about KYD

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