MGA to BRL exchange rate
Malagasy Ariary to Brazilian Real currency converter at the live mid-market rate.
Reference rate (mid-market)
1 MGA = 0.001084 BRL
1 BRL = 922.68 MGA
Rate as of . Market reference rate, updated about every 30 minutes.
Reference rate only. MigraPay does not currently support sending Malagasy Ariary (MGA) to Brazilian Real (BRL). The rate above is the mid-market rate for comparison; it is not a MigraPay quote.
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Reference rateAmount
Converted to
1 MGA = 0.0000 BRL
Mid-market reference rate, not a MigraPay quote
MGA to BRL conversion tables
Popular amounts at today's rate, in both directions.
| MGA | BRL |
|---|---|
| 1 MGA | 0.001084 BRL |
| 5 MGA | 0.005419 BRL |
| 10 MGA | 0.01084 BRL |
| 20 MGA | 0.02168 BRL |
| 50 MGA | 0.05419 BRL |
| 100 MGA | 0.1084 BRL |
| 200 MGA | 0.2168 BRL |
| 500 MGA | 0.5419 BRL |
| 1,000 MGA | 1.0838 BRL |
| 2,000 MGA | 2.1676 BRL |
| 5,000 MGA | 5.419 BRL |
| 10,000 MGA | 10.838 BRL |
| BRL | MGA |
|---|---|
| 1 BRL | 922.68 MGA |
| 5 BRL | 4,613.41 MGA |
| 10 BRL | 9,226.83 MGA |
| 20 BRL | 18,453.65 MGA |
| 50 BRL | 46,134.13 MGA |
| 100 BRL | 92,268.27 MGA |
| 200 BRL | 184,536.54 MGA |
| 500 BRL | 461,341.34 MGA |
| 1,000 BRL | 922,682.68 MGA |
| 2,000 BRL | 1,845,365.37 MGA |
| 5,000 BRL | 4,613,413.41 MGA |
| 10,000 BRL | 9,226,826.83 MGA |
MGA to BRL exchange rate history
Market rate over time, with the high, low and average for any period you pick.
About the Malagasy Ariary and the Brazilian Real
About the Brazilian Real (BRL)
- Symbol
- R$
- Issued by
- Central Bank of Brazil
- Used in
- Brazil
- Subunit
- 100 centavos
The Brazilian real floats freely and is the most traded Latin American currency. MigraPay pays out in Brazil over Pix, so real transfers usually arrive in minutes.
Why the MGA to BRL rate changes
The Malagasy Ariary to Brazilian Real exchange rate is not fixed. It moves with supply and demand for each currency, interest-rate decisions by the central banks that issue them, inflation, commodity prices and the general appetite for risk in global markets. Most emerging-market currencies are priced through the US dollar, so a strong or weak dollar day usually shows up in the MGA to BRL rate too.
The rate on this page is the mid-market rate: the midpoint between buy and sell prices on the global market, updated about every 30 minutes. Banks and transfer services add a spread and fees on top, so the MGA to BRL rate you are offered will usually be lower than the figure here. Use it as the benchmark to judge any quote.
More exchange rates
BRL to MGA and other BRL rates
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- BRL to TRY
- BRL to SGD
MGA to other currencies
Other currencies to BRL
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MGA to BRL FAQ
What is the MGA to BRL exchange rate today?
1 Malagasy Ariary (MGA) is 0.001084 Brazilian Real (BRL), as of 26 Oct 2026, 21:00 UTC. This is the mid-market reference rate, updated about every 30 minutes.
How much is 100 MGA in Brazilian Real?
100 MGA is 0.1084 BRL at the mid-market rate.
How much is 1,000 MGA in BRL?
1,000 MGA converts to 1.0838 BRL at the mid-market rate.
How much is 2,000 MGA in Brazilian Real?
2,000 MGA is 2.1676 BRL at the mid-market rate.
How much is 100 BRL in MGA?
100 BRL converts to 92,268.27 MGA at the mid-market rate.
Can I send MGA to BRL with MigraPay?
Not yet. MigraPay currently sends from Canada, the United States, the United Kingdom and the euro area to Nigeria, Ghana, Kenya and other destinations, plus USDT and USDC wallets. This page is a reference rate for Malagasy Ariary to Brazilian Real only.
Is the MGA to BRL rate the same as the mid-market rate?
Yes. It is the wholesale rate between MGA and BRL on the global market. Banks and transfer services add a spread and fees on top, so the rate you are offered will usually be lower.
How often is this exchange rate updated?
About every 30 minutes, from a global market-data provider. The history chart below shows the daily closing rate for the period you pick.
Rates are mid-market reference rates for information only and are not a quote or an offer to transact.