Convert SHP to MGA — live rate

Convert Saint Helena Pounds to Malagasy Ariaries and compare the real cost of sending money.

SHP
MGA
1 SHP = 5550.9800 MGA • Mid-market rate
Updated just now
Compare transfers for SHP → MGA
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Historical SHP/MGA exchange rate

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

Quick reference: SHP to MGA

1 SHP → 5,550.98 MGA
5 SHP → 27,754.90 MGA
10 SHP → 55,509.80 MGA
50 SHP → 277,549.00 MGA
100 SHP → 555,098.00 MGA
500 SHP → 2,775,490.00 MGA
1,000 SHP → 5,550,980.00 MGA
5,000 SHP → 27,754,900.00 MGA

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

*Estimate based on typical provider rates

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Currency snapshots

SHP — Saint Helena Pound
ISO Code SHP
Symbol £
Central Bank Government of Saint Helena
Common Notes £5, £10, £20
Learn more about SHP
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.