Convert MGA to UAH — live rate

Convert Malagasy Ariaries to Ukrainian Hryvnia and compare the real cost of sending money.

MGA
UAH
1 MGA = 0.0104 UAH • Mid-market rate
Updated just now
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Historical MGA/UAH exchange rate

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

Quick reference: MGA to UAH

1 MGA → 0.01 UAH
5 MGA → 0.05 UAH
10 MGA → 0.10 UAH
50 MGA → 0.52 UAH
100 MGA → 1.04 UAH
500 MGA → 5.21 UAH
1,000 MGA → 10.43 UAH
5,000 MGA → 52.15 UAH

Real cost of MGA → UAH

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
UAH — Ukrainian Hryvnia
ISO Code UAH
Symbol ₴
Central Bank National Bank of Ukraine
Common Notes ₴1, ₴2, ₴5, ₴10, ₴20, ₴50, ₴100, ₴200, ₴500
Learn more about UAH

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