Convert MGA to TWD — live rate

Convert Malagasy Ariaries to New Taiwan Dollars and compare the real cost of sending money.

MGA
TWD
1 MGA = 0.0076 TWD Mid-market rate
Updated just now
Compare transfers for MGA → TWD
No signup required FCA-regulated providers only

Historical MGA/TWD exchange rate

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

Quick reference: MGA to TWD

1 MGA 0.01 TWD
5 MGA 0.04 TWD
10 MGA 0.08 TWD
50 MGA 0.38 TWD
100 MGA 0.76 TWD
500 MGA 3.80 TWD
1,000 MGA 7.61 TWD
5,000 MGA 38.04 TWD

Real cost of MGA → TWD

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
TWD — New Taiwan Dollar
ISO Code TWD
Symbol NT$
Central Bank Central Bank of the Republic of China (Taiwan)
Common Notes NT$100, NT$500, NT$1000
Learn more about TWD

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