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MGA to RWF exchange rate

Malagasy Ariary to Rwandan Franc currency converter at the live mid-market rate.

Reference rate (mid-market)

1 MGA = 0.3221 RWF

1 RWF = 3.1044 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 Rwandan Franc (RWF). The rate above is the mid-market rate for comparison; it is not a MigraPay quote.

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Convert

Reference rate

Amount

Converted to

1 MGA = 0.0000 RWF

Rate typeMid-market
Sending MGA with MigraPayNot yet available
See where you can send with MigraPay

Mid-market reference rate, not a MigraPay quote

MGA to RWF conversion tables

Popular amounts at today's rate, in both directions.

Malagasy Ariary to Rwandan Franc
MGARWF
1 MGA0.3221 RWF
5 MGA1.6106 RWF
10 MGA3.2212 RWF
20 MGA6.4424 RWF
50 MGA16.106 RWF
100 MGA32.2121 RWF
200 MGA64.4242 RWF
500 MGA161.06 RWF
1,000 MGA322.12 RWF
2,000 MGA644.24 RWF
5,000 MGA1,610.6 RWF
10,000 MGA3,221.21 RWF
Rwandan Franc to Malagasy Ariary
RWFMGA
1 RWF3.1044 MGA
5 RWF15.5221 MGA
10 RWF31.0442 MGA
20 RWF62.0885 MGA
50 RWF155.22 MGA
100 RWF310.44 MGA
200 RWF620.88 MGA
500 RWF1,552.21 MGA
1,000 RWF3,104.42 MGA
2,000 RWF6,208.85 MGA
5,000 RWF15,522.12 MGA
10,000 RWF31,044.24 MGA

MGA to RWF exchange rate history

Market rate over time, with the high, low and average for any period you pick.

About the Malagasy Ariary and the Rwandan Franc

About the Rwandan Franc (RWF)

Symbol
FRw
Issued by
National Bank of Rwanda
Used in
Rwanda
Subunit
100 centimes

The Rwandan franc is a managed currency that has depreciated gradually against the dollar. MTN Mobile Money and Airtel Money are the most common payout methods in Rwanda.

All RWF exchange rates

Why the MGA to RWF rate changes

The Malagasy Ariary to Rwandan Franc 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 RWF 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 RWF rate you are offered will usually be lower than the figure here. Use it as the benchmark to judge any quote.

MGA to RWF FAQ

What is the MGA to RWF exchange rate today?

1 Malagasy Ariary (MGA) is 0.3221 Rwandan Franc (RWF), as of 27 Oct 2026, 01:01 UTC. This is the mid-market reference rate, updated about every 30 minutes.

How much is 100 MGA in Rwandan Franc?

100 MGA is 32.2121 RWF at the mid-market rate.

How much is 1,000 MGA in RWF?

1,000 MGA converts to 322.12 RWF at the mid-market rate.

How much is 2,000 MGA in Rwandan Franc?

2,000 MGA is 644.24 RWF at the mid-market rate.

How much is 100 RWF in MGA?

100 RWF converts to 310.44 MGA at the mid-market rate.

Can I send MGA to RWF 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 Rwandan Franc only.

Is the MGA to RWF rate the same as the mid-market rate?

Yes. It is the wholesale rate between MGA and RWF 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.