MGA to TZS exchange rate
Malagasy Ariary to Tanzanian Shilling currency converter at the live mid-market rate.
Reference rate (mid-market)
1 MGA = 0.6118 TZS
1 TZS = 1.6346 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 Tanzanian Shilling (TZS). The rate above is the mid-market rate for comparison; it is not a MigraPay quote.
Send money on a supported route:
Convert
Reference rateAmount
Converted to
1 MGA = 0.0000 TZS
Mid-market reference rate, not a MigraPay quote
MGA to TZS conversion tables
Popular amounts at today's rate, in both directions.
| MGA | TZS |
|---|---|
| 1 MGA | 0.6118 TZS |
| 5 MGA | 3.0588 TZS |
| 10 MGA | 6.1176 TZS |
| 20 MGA | 12.2352 TZS |
| 50 MGA | 30.5879 TZS |
| 100 MGA | 61.1758 TZS |
| 200 MGA | 122.35 TZS |
| 500 MGA | 305.88 TZS |
| 1,000 MGA | 611.76 TZS |
| 2,000 MGA | 1,223.52 TZS |
| 5,000 MGA | 3,058.79 TZS |
| 10,000 MGA | 6,117.58 TZS |
| TZS | MGA |
|---|---|
| 1 TZS | 1.6346 MGA |
| 5 TZS | 8.1732 MGA |
| 10 TZS | 16.3463 MGA |
| 20 TZS | 32.6927 MGA |
| 50 TZS | 81.7317 MGA |
| 100 TZS | 163.46 MGA |
| 200 TZS | 326.93 MGA |
| 500 TZS | 817.32 MGA |
| 1,000 TZS | 1,634.63 MGA |
| 2,000 TZS | 3,269.27 MGA |
| 5,000 TZS | 8,173.17 MGA |
| 10,000 TZS | 16,346.35 MGA |
MGA to TZS exchange rate history
Market rate over time, with the high, low and average for any period you pick.
About the Malagasy Ariary and the Tanzanian Shilling
About the Tanzanian Shilling (TZS)
- Symbol
- TSh
- Issued by
- Bank of Tanzania
- Used in
- Tanzania
- Subunit
- 100 senti
The Tanzanian shilling is a managed float. Mobile money dominates everyday payments in Tanzania, so shilling transfers typically land on M-Pesa, Airtel Money or Tigo Pesa.
Why the MGA to TZS rate changes
The Malagasy Ariary to Tanzanian Shilling 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 TZS 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 TZS rate you are offered will usually be lower than the figure here. Use it as the benchmark to judge any quote.
More exchange rates
TZS to MGA and other TZS rates
- TZS to MGA
- TZS to CAD
- TZS to NGN
- TZS to USD
- TZS to EUR
- TZS to GBP
- TZS to GHS
- TZS to USDT
- TZS to USDC
- TZS to BRL
- TZS to COP
- TZS to KES
- TZS to MXN
- TZS to RWF
- TZS to XAF
- TZS to XOF
- TZS to ZAR
- TZS to INR
- TZS to JPY
- TZS to CNY
- TZS to AUD
- TZS to CHF
- TZS to AED
- TZS to SAR
- TZS to PHP
- TZS to PKR
- TZS to BDT
- TZS to EGP
- TZS to TRY
- TZS to SGD
MGA to other currencies
Other currencies to TZS
Send money with MigraPay
All exchange ratesAll MGA ratesAll TZS ratesSend money abroad
MGA to TZS FAQ
What is the MGA to TZS exchange rate today?
1 Malagasy Ariary (MGA) is 0.6118 Tanzanian Shilling (TZS), as of 11 Sept 2026, 18:23 UTC. This is the mid-market reference rate, updated about every 30 minutes.
How much is 100 MGA in Tanzanian Shilling?
100 MGA is 61.1758 TZS at the mid-market rate.
How much is 1,000 MGA in TZS?
1,000 MGA converts to 611.76 TZS at the mid-market rate.
How much is 2,000 MGA in Tanzanian Shilling?
2,000 MGA is 1,223.52 TZS at the mid-market rate.
How much is 100 TZS in MGA?
100 TZS converts to 163.46 MGA at the mid-market rate.
Can I send MGA to TZS 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 Tanzanian Shilling only.
Is the MGA to TZS rate the same as the mid-market rate?
Yes. It is the wholesale rate between MGA and TZS 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.