Convert MGA to SBD — live rate

Convert Malagasy Ariaries to Solomon Islands Dollars and compare the real cost of sending money.

MGA
SBD
1 MGA = 0.0019 SBD • Mid-market rate
Updated just now
Compare transfers for MGA → SBD
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Historical MGA/SBD exchange rate

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

Quick reference: MGA to SBD

1 MGA → 0.00 SBD
5 MGA → 0.01 SBD
10 MGA → 0.02 SBD
50 MGA → 0.10 SBD
100 MGA → 0.19 SBD
500 MGA → 0.96 SBD
1,000 MGA → 1.92 SBD
5,000 MGA → 9.59 SBD

Real cost of MGA → SBD

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
SBD — Solomon Islands Dollar
ISO Code SBD
Symbol $
Central Bank Central Bank of Solomon Islands
Common Notes $5, $10, $20, $50, $100
Learn more about SBD

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