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 = 0.0077 TWD • Mid-market rate
Updated just now
Compare transfers for MGA → TWD
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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 → 0.39 TWD
100 MGA → 0.77 TWD
500 MGA → 3.87 TWD
1,000 MGA → 7.74 TWD
5,000 MGA → 38.69 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.