What is the current MGA to MYR exchange rate?

The current mid-market exchange rate is 1 MGA = 0.0009 MYR. 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 MYR 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 MYR?

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

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

You send

MGA

They receive

MYR

1 MGA = 0.0009 MYR • Mid-market rate

Updated just now

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Historical MGA/MYR exchange rate

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

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.

Convert MGA to MYR — live rate

Historical MGA/MYR exchange rate

Quick reference: MGA to MYR

Real cost of MGA → MYR

Estimated savings

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Currency snapshots