What is the current MGA to PGK exchange rate?

The current mid-market exchange rate is 1 MGA = 0.0010 PGK. 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 PGK 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 PGK?

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

Convert Malagasy Ariaries to Papua New Guinean Kinas and compare the real cost of sending money.

You send

MGA

They receive

PGK

1 MGA = 0.0010 PGK • Mid-market rate

Updated just now

Compare transfers for MGA → PGK

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Historical MGA/PGK exchange rate

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

Quick reference: MGA to PGK

1 MGA → 0.00 PGK

5 MGA → 0.01 PGK

10 MGA → 0.01 PGK

50 MGA → 0.05 PGK

100 MGA → 0.10 PGK

500 MGA → 0.52 PGK

1,000 MGA → 1.04 PGK

5,000 MGA → 5.18 PGK

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

PGK — Papua New Guinean Kina

ISO Code PGK

Central Bank Bank of Papua New Guinea

Common Notes K2, K5, K10, K20, K50, K100

Learn more about PGK

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

Convert MGA to PGK — live rate

Historical MGA/PGK exchange rate

Quick reference: MGA to PGK

Real cost of MGA → PGK

Estimated savings

Compare MGA → PGK providers

Currency snapshots