Convert MNT to MGA — live rate

Convert Mongolian Tugriks to Malagasy Ariaries and compare the real cost of sending money.

MNT
MGA
1 MNT = 1.1735 MGA • Mid-market rate
Updated just now
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Historical MNT/MGA exchange rate

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

Quick reference: MNT to MGA

1 MNT → 1.17 MGA
5 MNT → 5.87 MGA
10 MNT → 11.74 MGA
50 MNT → 58.68 MGA
100 MNT → 117.35 MGA
500 MNT → 586.75 MGA
1,000 MNT → 1,173.50 MGA
5,000 MNT → 5,867.50 MGA

Real cost of MNT → 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 MNT
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

MNT — Mongolian Tugrik
ISO Code MNT
Symbol ₮
Central Bank Bank of Mongolia
Common Notes ₮10, ₮20, ₮100, ₮500, ₮1000, ₮5000, ₮10000, ₮20000
Learn more about MNT
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.