What is the current MGA to MZN exchange rate?

The current mid-market exchange rate is 1 MGA = 0.0153 MZN. 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 MZN 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 MZN?

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

Convert Malagasy Ariaries to Mozambican Meticals and compare the real cost of sending money.

You send

MGA

They receive

MZN

1 MGA = 0.0153 MZN • Mid-market rate

Updated just now

Compare transfers for MGA → MZN

No signup required • FCA-regulated providers only

Historical MGA/MZN exchange rate

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

Quick reference: MGA to MZN

1 MGA → 0.02 MZN

5 MGA → 0.08 MZN

10 MGA → 0.15 MZN

50 MGA → 0.76 MZN

100 MGA → 1.53 MZN

500 MGA → 7.63 MZN

1,000 MGA → 15.25 MZN

5,000 MGA → 76.26 MZN

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

MZN — Mozambican Metical

ISO Code MZN

Symbol MT

Central Bank Banco de Moçambique

Common Notes MT20, MT50, MT100, MT200, MT500, MT1000

Learn more about MZN

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

Convert MGA to MZN — live rate

Historical MGA/MZN exchange rate

Quick reference: MGA to MZN

Real cost of MGA → MZN

Estimated savings

Compare MGA → MZN providers

Currency snapshots