Convert PKR to MGA — live rate

Convert Pakistani Rupees to Malagasy Ariaries and compare the real cost of sending money.

PKR
MGA
1 PKR = 15.7303 MGA • Mid-market rate
Updated just now
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Historical PKR/MGA exchange rate

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

Quick reference: PKR to MGA

1 PKR → 15.73 MGA
5 PKR → 78.65 MGA
10 PKR → 157.30 MGA
50 PKR → 786.52 MGA
100 PKR → 1,573.03 MGA
500 PKR → 7,865.15 MGA
1,000 PKR → 15,730.30 MGA
5,000 PKR → 78,651.50 MGA

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

*Estimate based on typical provider rates

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Currency snapshots

PKR — Pakistani Rupee
ISO Code PKR
Symbol ₨
Central Bank State Bank of Pakistan
Common Notes ₨10, ₨50, ₨100, ₨500, ₨1000
Learn more about PKR
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.