What is the current MGA to MKD exchange rate?

The current mid-market exchange rate is 1 MGA = 0.0127 MKD. 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 MKD 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 MKD?

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

Convert Malagasy Ariaries to Macedonian Denars and compare the real cost of sending money.

You send

MGA

They receive

MKD

1 MGA = 0.0127 MKD • Mid-market rate

Updated just now

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Historical MGA/MKD exchange rate

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

Quick reference: MGA to MKD

1 MGA → 0.01 MKD

5 MGA → 0.06 MKD

10 MGA → 0.13 MKD

50 MGA → 0.63 MKD

100 MGA → 1.27 MKD

500 MGA → 6.33 MKD

1,000 MGA → 12.65 MKD

5,000 MGA → 63.27 MKD

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

MKD — Macedonian Denar

ISO Code MKD

Symbol ден

Central Bank National Bank of the Republic of Macedonia

Common Notes ден10, ден50, ден100, ден500, ден1000, ден5000

Learn more about MKD

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

Convert MGA to MKD — live rate

Historical MGA/MKD exchange rate

Quick reference: MGA to MKD

Real cost of MGA → MKD

Estimated savings

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Currency snapshots