What is the current MGA to LRD exchange rate?

The current mid-market exchange rate is 1 MGA = 0.0422 LRD. 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 LRD 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 LRD?

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

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

You send

MGA

They receive

LRD

1 MGA = 0.0422 LRD • Mid-market rate

Updated just now

Compare transfers for MGA → LRD

No signup required • FCA-regulated providers only

Historical MGA/LRD exchange rate

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

Quick reference: MGA to LRD

1 MGA → 0.04 LRD

5 MGA → 0.21 LRD

10 MGA → 0.42 LRD

50 MGA → 2.11 LRD

100 MGA → 4.22 LRD

500 MGA → 21.08 LRD

1,000 MGA → 42.16 LRD

5,000 MGA → 210.80 LRD

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

LRD — Liberian Dollar

ISO Code LRD

Symbol $

Central Bank Central Bank of Liberia

Common Notes 5, 10, 20, 50, and 100 dollars

Learn more about LRD

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

Convert MGA to LRD — live rate

Historical MGA/LRD exchange rate

Quick reference: MGA to LRD

Real cost of MGA → LRD

Estimated savings

Compare MGA → LRD providers

Currency snapshots