Convert MGA to LKR — live rate

Convert Malagasy Ariaries to Sri Lankan Rupees and compare the real cost of sending money.

MGA
LKR
1 MGA = 0.0801 LKR • Mid-market rate
Updated just now
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Historical MGA/LKR exchange rate

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

Quick reference: MGA to LKR

1 MGA → 0.08 LKR
5 MGA → 0.40 LKR
10 MGA → 0.80 LKR
50 MGA → 4.01 LKR
100 MGA → 8.01 LKR
500 MGA → 40.07 LKR
1,000 MGA → 80.15 LKR
5,000 MGA → 400.74 LKR

Real cost of MGA → LKR

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
LKR — Sri Lankan Rupee
ISO Code LKR
Symbol ₨
Central Bank Central Bank of Sri Lanka
Common Notes ₨10, ₨20, ₨50, ₨100, ₨500, ₨1000, ₨2000, ₨5000
Learn more about LKR

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