What is the current PYG to MGA exchange rate?

The current mid-market exchange rate is 1 PYG = 0.6564 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 PYG 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 PYG to MGA?

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

Convert Paraguayan Guaranis to Malagasy Ariaries and compare the real cost of sending money.

You send

PYG

They receive

MGA

1 PYG = 0.6564 MGA • Mid-market rate

Updated just now

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Historical PYG/MGA exchange rate

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

Quick reference: PYG to MGA

1 PYG → 0.66 MGA

5 PYG → 3.28 MGA

10 PYG → 6.56 MGA

50 PYG → 32.82 MGA

100 PYG → 65.64 MGA

500 PYG → 328.20 MGA

1,000 PYG → 656.39 MGA

5,000 PYG → 3,281.96 MGA

Currency snapshots

PYG — Paraguayan Guarani

ISO Code PYG

Symbol Gs

Central Bank Banco Central del Paraguay

Common Notes Gs1000, Gs2000, Gs5000, Gs10000, Gs20000, Gs50000, Gs100000

Learn more about PYG

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 PYG to MGA — live rate

Historical PYG/MGA exchange rate

Quick reference: PYG to MGA

Real cost of PYG → MGA

Estimated savings

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Currency snapshots