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’.
Malagasy ariary (MGA) to New Zealand dollar (NZD) market data - latest interbank exchange rate, trend, chart & historic rates.
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 New Zealand dollar is to review how the MGA/NZD rate has changed over time.
The table below shows the percentage change in the MGA to NZD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
| Date | MGA/NZD | Period |
|---|---|---|
19 Jul 2025 | 0.000379 | 2 Week |
04 May 2025 | 0.000377 | 3 Month |
02 Aug 2024 | 0.000368 | 1 Year |
03 Aug 2020 | 0.000395 | 5 Year |
05 Aug 2015 | 0.000461 | 10 Year |
To help you understand the real-world value of the current exchange rate, the table below shows how much Malagasy ariary are worth in New Zealand 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 | NZD |
|---|---|
| Ar 1,000 | NZ$ 0.3790 |
| Ar 5,000 | NZ$ 1.8950 |
| Ar 20,000 | NZ$ 7.5800 |
| Ar 100,000 | NZ$ 37.90 |
| MGA | NZD |
|---|---|
| Ar 2,000 | NZ$ 1,000 |
| Ar 10,000 | NZ$ 5,000 |
| Ar 40,000 | NZ$ 20,000 |
| Ar 200,000 | NZ$ 100,000 |
More amounts
*Converted at the current MGA-NZD 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:
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