Convert MGA to MUR — live rate

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

MGA
MUR
1 MGA = 0.0112 MUR Mid-market rate
Updated just now
Compare transfers for MGA → MUR
No signup required FCA-regulated providers only

Historical MGA/MUR exchange rate

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

Quick reference: MGA to MUR

1 MGA 0.01 MUR
5 MGA 0.06 MUR
10 MGA 0.11 MUR
50 MGA 0.56 MUR
100 MGA 1.12 MUR
500 MGA 5.59 MUR
1,000 MGA 11.18 MUR
5,000 MGA 55.90 MUR

Real cost of MGA → MUR

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
MUR — Mauritian Rupee
ISO Code MUR
Symbol
Central Bank Bank of Mauritius
Common Notes ₨25, ₨50, ₨100, ₨200, ₨500, ₨1000, ₨2000
Learn more about MUR

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