What is the current PHP to MGA exchange rate?

The current mid-market exchange rate is 1 PHP = 69.3112 MGA. 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 PHP to MGA 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 PHP to MGA?

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

Convert Philippine Pesos to Malagasy Ariaries and compare the real cost of sending money.

You send

PHP

They receive

MGA

1 PHP = 69.3112 MGA • Mid-market rate

Updated just now

Compare transfers for PHP → MGA

No signup required • FCA-regulated providers only

Historical PHP/MGA exchange rate

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

Quick reference: PHP to MGA

1 PHP → 69.31 MGA

5 PHP → 346.56 MGA

10 PHP → 693.11 MGA

50 PHP → 3,465.56 MGA

100 PHP → 6,931.12 MGA

500 PHP → 34,655.60 MGA

1,000 PHP → 69,311.20 MGA

5,000 PHP → 346,556.00 MGA

Currency snapshots

PHP — Philippine Peso

ISO Code PHP

Symbol ₱

Central Bank Central Bank of the Philippines

Common Notes ₱20, ₱50, ₱100, ₱200, ₱500, ₱1000

Learn more about PHP

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.

Convert PHP to MGA — live rate

Historical PHP/MGA exchange rate

Quick reference: PHP to MGA

Real cost of PHP → MGA

Estimated savings

Compare PHP → MGA providers

Currency snapshots