Convert MMK to MGA — live rate

Convert Myanma Kyats to Malagasy Ariaries and compare the real cost of sending money.

MMK
MGA
1 MMK = 1.9856 MGA • Mid-market rate
Updated just now
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Historical MMK/MGA exchange rate

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

Quick reference: MMK to MGA

1 MMK → 1.99 MGA
5 MMK → 9.93 MGA
10 MMK → 19.86 MGA
50 MMK → 99.28 MGA
100 MMK → 198.56 MGA
500 MMK → 992.82 MGA
1,000 MMK → 1,985.63 MGA
5,000 MMK → 9,928.15 MGA

Real cost of MMK → MGA

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 MMK
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

MMK — Myanma Kyat
ISO Code MMK
Central Bank Central Bank of Myanmar
Common Notes K1, K5, K10, K20, K50, K100, K200, K500, K1000, K5000, K10000, 50
Learn more about MMK
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

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