Convert MGA to RSD — live rate

Convert Malagasy Ariaries to Serbian Dinars and compare the real cost of sending money.

MGA
RSD
1 MGA = 0.0240 RSD • Mid-market rate
Updated just now
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Historical MGA/RSD exchange rate

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

Quick reference: MGA to RSD

1 MGA → 0.02 RSD
5 MGA → 0.12 RSD
10 MGA → 0.24 RSD
50 MGA → 1.20 RSD
100 MGA → 2.40 RSD
500 MGA → 11.99 RSD
1,000 MGA → 23.99 RSD
5,000 MGA → 119.95 RSD

Real cost of MGA → RSD

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
RSD — Serbian Dinar
ISO Code RSD
Symbol Дин.
Central Bank National Bank of Serbia
Common Notes РСД10, РСД20, РСД50, РСД100, РСД200, РСД500, РСД1000
Learn more about RSD

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