Convert MGA to KZT — live rate

Convert Malagasy Ariaries to Kazakhstani Tenges and compare the real cost of sending money.

MGA
KZT
1 MGA = 0.1164 KZT • Mid-market rate
Updated just now
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Historical MGA/KZT exchange rate

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

Quick reference: MGA to KZT

1 MGA → 0.12 KZT
5 MGA → 0.58 KZT
10 MGA → 1.16 KZT
50 MGA → 5.82 KZT
100 MGA → 11.64 KZT
500 MGA → 58.18 KZT
1,000 MGA → 116.36 KZT
5,000 MGA → 581.81 KZT

Real cost of MGA → KZT

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
KZT — Kazakhstani Tenge
ISO Code KZT
Symbol лв
Central Bank The National Bank of Kazakhstan
Common Notes 1, 3, 5, 10, 20, 50, 100, 200, 500, 1000, 2000, 5000, 10000
Learn more about KZT

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