Convert MGA to XCD — live rate

Convert Malagasy Ariaries to East Caribbean Dollars and compare the real cost of sending money.

MGA
XCD
1 MGA = 0.0006 XCD • Mid-market rate
Updated just now
Compare transfers for MGA → XCD
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Historical MGA/XCD exchange rate

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

Quick reference: MGA to XCD

1 MGA → 0.00 XCD
5 MGA → 0.00 XCD
10 MGA → 0.01 XCD
50 MGA → 0.03 XCD
100 MGA → 0.06 XCD
500 MGA → 0.32 XCD
1,000 MGA → 0.64 XCD
5,000 MGA → 3.22 XCD

Real cost of MGA → XCD

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
XCD — East Caribbean Dollar
ISO Code XCD
Symbol $
Central Bank Eastern Caribbean Central Bank
Common Notes 5, 10, 20, 50, 100 dollars
Learn more about XCD

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