Convert MGA to ZMW — live rate

Convert Malagasy Ariaries to Zambian Kwachas and compare the real cost of sending money.

MGA
ZMW
1 MGA = 0.0046 ZMW Mid-market rate
Updated just now
Compare transfers for MGA → ZMW
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Historical MGA/ZMW exchange rate

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

Quick reference: MGA to ZMW

1 MGA 0.00 ZMW
5 MGA 0.02 ZMW
10 MGA 0.05 ZMW
50 MGA 0.23 ZMW
100 MGA 0.46 ZMW
500 MGA 2.28 ZMW
1,000 MGA 4.56 ZMW
5,000 MGA 22.78 ZMW

Real cost of MGA → ZMW

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
ZMW — Zambian Kwacha
ISO Code ZMW
Central Bank Bank of Zambia
Common Notes 2, 5, 10, 20, 50, 100 kwacha
Learn more about ZMW

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