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MGA to USD Exchange Rates & Currency Deals

MGA-USD Rate Calculator

 
 
   

Understanding the Table:

The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.

To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.

 
 
   

MGA to USD Market Data

Malagasy ariary (MGA) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell MGA   →   Buy USD
1 MGA = 0.000224 USD
MGA to USD at 0.000226 is just 0.9% above its 3-month average of 0.000224, having traded in a quite stable 4.1% range from 0.000219 to 0.000228
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Tracker

Is the MGA to USD Exchange Rate Likely to Improve?

Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Malagasy ariary against the US dollar is to review how the MGA/USD rate has changed over time.

The table below shows the percentage change in the MGA to USD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

DateMGA/USDPeriod
19 Jul 2025
0.000226
2 Week
04 May 2025
0.000225
3 Month
02 Aug 2024
0.000219
1 Year
03 Aug 2020
0.000261
5 Year
05 Aug 2015
0.000300
10 Year
MGA/USD historic rates
 

MGA to USD Conversion: What Is Your Money Worth?

To help you understand the real-world value of the current exchange rate, the table below shows how much Malagasy ariary are worth in US dollar across a range of amounts.

This gives a quick view of what you’d get when converting different MGA amounts at today’s rate * :

MGA USD
Ar 1 $ 0.0002
Ar 5 $ 0.0011
Ar 10 $ 0.0022
Ar 20 $ 0.0045
Ar 50 $ 0.0112
Ar 100 $ 0.0224
Ar 250 $ 0.0560
Ar 500 $ 0.1120
Ar 1,000 $ 0.2240
Ar 2,000 $ 0.4480
Ar 5,000 $ 1.1200
Ar 10,000 $ 2.2400
Ar 20,000 $ 4.4800
Ar 50,000 $ 11.20
Ar 100,000 $ 22.40
MGA USD
Ar 4.0000 $ 1
Ar 20.00 $ 5
Ar 40.00 $ 10
Ar 80.00 $ 20
Ar 200.00 $ 50
Ar 400.00 $ 100
Ar 1,000 $ 250
Ar 2,000 $ 500
Ar 4,000 $ 1,000
Ar 8,000 $ 2,000
Ar 20,000 $ 5,000
Ar 40,000 $ 10,000
Ar 80,000 $ 20,000
Ar 200,000 $ 50,000
Ar 400,000 $ 100,000

More amounts

*Converted at the current MGA-USD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
   

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