What is the current MGA to PAB exchange rate?

The current mid-market exchange rate is 1 MGA = 0.0002 PAB. 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 PAB 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 PAB?

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

Convert Malagasy Ariaries to Panamanian Balboas and compare the real cost of sending money.

You send

MGA

They receive

PAB

1 MGA = 0.0002 PAB • Mid-market rate

Updated just now

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Historical MGA/PAB exchange rate

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

Quick reference: MGA to PAB

1 MGA → 0.00 PAB

5 MGA → 0.00 PAB

10 MGA → 0.00 PAB

50 MGA → 0.01 PAB

100 MGA → 0.02 PAB

500 MGA → 0.12 PAB

1,000 MGA → 0.24 PAB

5,000 MGA → 1.21 PAB

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

PAB — Panamanian Balboa

ISO Code PAB

Symbol B/.

Central Bank National Bank of Panama

Learn more about PAB

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

Convert MGA to PAB — live rate

Historical MGA/PAB exchange rate

Quick reference: MGA to PAB

Real cost of MGA → PAB

Estimated savings

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Currency snapshots