Convert MGA to SAR — live rate

Convert Malagasy Ariaries to Saudi Riyals and compare the real cost of sending money.

MGA
SAR
1 MGA = 0.0009 SAR Mid-market rate
Updated just now
Compare transfers for MGA → SAR
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Historical MGA/SAR exchange rate

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

Quick reference: MGA to SAR

1 MGA 0.00 SAR
5 MGA 0.00 SAR
10 MGA 0.01 SAR
50 MGA 0.05 SAR
100 MGA 0.09 SAR
500 MGA 0.45 SAR
1,000 MGA 0.91 SAR
5,000 MGA 4.53 SAR

Real cost of MGA → SAR

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
SAR — Saudi Riyal
ISO Code SAR
Symbol
Central Bank Saudi Arabian Monetary Agency
Common Notes ﷼1, ﷼5, ﷼10, ﷼20, ﷼50, ﷼100, ﷼500
Learn more about SAR

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