What is the current MGA to PKR exchange rate?

The current mid-market exchange rate is 1 MGA = 0.0672 PKR. 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 PKR 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 PKR?

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

Convert Malagasy Ariaries to Pakistani Rupees and compare the real cost of sending money.

You send

MGA

They receive

PKR

1 MGA = 0.0672 PKR • Mid-market rate

Updated just now

Compare transfers for MGA → PKR

No signup required • FCA-regulated providers only

Historical MGA/PKR exchange rate

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

Quick reference: MGA to PKR

1 MGA → 0.07 PKR

5 MGA → 0.34 PKR

10 MGA → 0.67 PKR

50 MGA → 3.36 PKR

100 MGA → 6.72 PKR

500 MGA → 33.60 PKR

1,000 MGA → 67.21 PKR

5,000 MGA → 336.04 PKR

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

PKR — Pakistani Rupee

ISO Code PKR

Symbol ₨

Central Bank State Bank of Pakistan

Common Notes ₨10, ₨50, ₨100, ₨500, ₨1000

Learn more about PKR

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

Convert MGA to PKR — live rate

Historical MGA/PKR exchange rate

Quick reference: MGA to PKR

Real cost of MGA → PKR

Estimated savings

Compare MGA → PKR providers

Currency snapshots