What is the current MGA to XAF exchange rate?

The current mid-market exchange rate is 1 MGA = 0.1349 XAF. 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 XAF 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 XAF?

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

Convert Malagasy Ariaries to CFA Franc BEACs and compare the real cost of sending money.

You send

MGA

They receive

XAF

1 MGA = 0.1349 XAF • Mid-market rate

Updated just now

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Historical MGA/XAF exchange rate

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

Quick reference: MGA to XAF

1 MGA → 0.13 XAF

5 MGA → 0.67 XAF

10 MGA → 1.35 XAF

50 MGA → 6.75 XAF

100 MGA → 13.49 XAF

500 MGA → 67.46 XAF

1,000 MGA → 134.93 XAF

5,000 MGA → 674.64 XAF

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

XAF — CFA Franc BEAC

ISO Code XAF

Central Bank Bank of Central African States

Common Notes 500, 1000, 2000, 5000, 10000

Learn more about XAF

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

Convert MGA to XAF — live rate

Historical MGA/XAF exchange rate

Quick reference: MGA to XAF

Real cost of MGA → XAF

Estimated savings

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Currency snapshots