Convert MGA to MYR — live rate

Convert Malagasy Ariaries to Malaysian Ringgits and compare the real cost of sending money.

MGA
MYR
1 MGA = 0.0009 MYR Mid-market rate
Updated just now
Compare transfers for MGA → MYR
No signup required FCA-regulated providers only

Historical MGA/MYR exchange rate

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

Quick reference: MGA to MYR

1 MGA 0.00 MYR
5 MGA 0.00 MYR
10 MGA 0.01 MYR
50 MGA 0.05 MYR
100 MGA 0.09 MYR
500 MGA 0.47 MYR
1,000 MGA 0.95 MYR
5,000 MGA 4.74 MYR

Real cost of MGA → MYR

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
MYR — Malaysian Ringgit
ISO Code MYR
Symbol RM
Central Bank Bank Negara Malaysia
Common Notes RM1, RM5, RM10, RM50, RM100
Learn more about MYR

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