What is the current MGA to SAR exchange rate?

The current mid-market exchange rate is 1 MGA = 0.0009 SAR. 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 SAR 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 SAR?

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

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

You send

MGA

They receive

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

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 → 0.04 SAR

100 MGA → 0.09 SAR

500 MGA → 0.45 SAR

1,000 MGA → 0.89 SAR

5,000 MGA → 4.47 SAR

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.

Convert MGA to SAR — live rate

Historical MGA/SAR exchange rate

Quick reference: MGA to SAR

Real cost of MGA → SAR

Estimated savings

Compare MGA → SAR providers

Currency snapshots