What is the current MGA to RON exchange rate?

The current mid-market exchange rate is 1 MGA = 0.0011 RON. 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 RON 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 RON?

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

Convert Malagasy Ariaries to Romanian Leus and compare the real cost of sending money.

You send

MGA

They receive

RON

1 MGA = 0.0011 RON • Mid-market rate

Updated just now

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Historical MGA/RON exchange rate

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

Quick reference: MGA to RON

1 MGA → 0.00 RON

5 MGA → 0.01 RON

10 MGA → 0.01 RON

50 MGA → 0.05 RON

100 MGA → 0.11 RON

500 MGA → 0.54 RON

1,000 MGA → 1.07 RON

5,000 MGA → 5.37 RON

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

RON — Romanian Leu

ISO Code RON

Symbol lei

Central Bank National Bank of Romania

Common Notes lei1, lei5, lei10, lei50, lei100

Learn more about RON

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

Convert MGA to RON — live rate

Historical MGA/RON exchange rate

Quick reference: MGA to RON

Real cost of MGA → RON

Estimated savings

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Currency snapshots