Convert MGA to PGK — live rate

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

MGA
PGK
1 MGA = 0.0010 PGK Mid-market rate
Updated just now
Compare transfers for MGA → PGK
No signup required FCA-regulated providers only

Historical MGA/PGK exchange rate

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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

Real cost of MGA → PGK

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
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.