Convert SAR to MGA — live rate

Convert Saudi Riyals to Malagasy Ariaries and compare the real cost of sending money.

SAR
MGA
1 SAR = 1107.2000 MGA Mid-market rate
Updated just now
Compare transfers for SAR → MGA
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Historical SAR/MGA exchange rate

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

Quick reference: SAR to MGA

1 SAR 1,107.20 MGA
5 SAR 5,536.00 MGA
10 SAR 11,072.00 MGA
50 SAR 55,360.00 MGA
100 SAR 110,720.00 MGA
500 SAR 553,600.00 MGA
1,000 SAR 1,107,200.00 MGA
5,000 SAR 5,536,000.00 MGA

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

*Estimate based on typical provider rates

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Currency snapshots

SAR — Saudi Riyal
ISO Code SAR
Symbol
Central Bank Saudi Arabian Monetary Agency
Common Notes ﷼1, ﷼5, ﷼10, ﷼20, ﷼50, ﷼100, ﷼500
Learn more about SAR
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.