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MGA to MAD Exchange Rates & Currency Deals

MGA-MAD 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 MAD Market Data

Malagasy ariary (MGA) to Moroccan dirham (MAD) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell MGA   →   Buy MAD
1 MGA = 0.001990 MAD
1d+0.1%▲
 
MGA to MAD at 0.001993 is 2.6% below its 3-month average of 0.002047, having traded in a quite stable 4.3% range from 0.001991 to 0.002077
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Tracker
  1 MAD = 502.61 MGA

Is the MGA to MAD 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 Moroccan dirham is to review how the MGA/MAD rate has changed over time.

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

DateMGA/MADPeriod
13 Dec 2025
0.002077
2 Week
28 Sep 2025
0.002042
3 Month
27 Dec 2024
0.002151
1 Year
28 Dec 2020
0.002303
5 Year
30 Dec 2015
0.003083
10 Year
MGA/MAD historic rates
 

MGA to MAD 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 Moroccan dirham 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 MAD
Ar 1 د.م. 0.0020
Ar 5 د.م. 0.0100
Ar 10 د.م. 0.0199
Ar 20 د.م. 0.0398
Ar 50 د.م. 0.0995
Ar 100 د.م. 0.1990
Ar 250 د.م. 0.4975
Ar 500 د.م. 0.9950
Ar 1,000 د.م. 1.9900
Ar 2,000 د.م. 3.9800
Ar 5,000 د.م. 9.9500
Ar 10,000 د.م. 19.90
Ar 20,000 د.م. 39.80
Ar 50,000 د.م. 99.50
Ar 100,000 د.م. 199.00
MGA MAD
Ar 502.61 د.م. 1
Ar 2,513 د.م. 5
Ar 5,026 د.م. 10
Ar 10,052 د.م. 20
Ar 25,131 د.م. 50
Ar 50,261 د.م. 100
Ar 125,653 د.م. 250
Ar 251,305 د.م. 500
Ar 502,610 د.م. 1,000
Ar 1,005,220 د.م. 2,000
Ar 2,513,050 د.م. 5,000
Ar 5,026,100 د.م. 10,000
Ar 10,052,200 د.م. 20,000
Ar 25,130,500 د.م. 50,000
Ar 50,261,000 د.م. 100,000

More amounts

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

 
   

View a full list of exchange rates by selecting your Base (from) currency: