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MGA to USD exchange rate

Malagasy Ariary to US Dollar currency converter at the live mid-market rate.

Reference rate (mid-market)

1 MGA = 0.0002314 USD

1 USD = 4,320.68 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 US Dollar (USD). 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 USD

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 USD conversion tables

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

Malagasy Ariary to US Dollar
MGAUSD
1 MGA0.0002314 USD
5 MGA0.001157 USD
10 MGA0.002314 USD
20 MGA0.004629 USD
50 MGA0.01157 USD
100 MGA0.02314 USD
200 MGA0.04629 USD
500 MGA0.1157 USD
1,000 MGA0.2314 USD
2,000 MGA0.4629 USD
5,000 MGA1.1572 USD
10,000 MGA2.3145 USD
US Dollar to Malagasy Ariary
USDMGA
1 USD4,320.68 MGA
5 USD21,603.38 MGA
10 USD43,206.75 MGA
20 USD86,413.51 MGA
50 USD216,033.76 MGA
100 USD432,067.53 MGA
200 USD864,135.06 MGA
500 USD2,160,337.64 MGA
1,000 USD4,320,675.29 MGA
2,000 USD8,641,350.58 MGA
5,000 USD21,603,376.45 MGA
10,000 USD43,206,752.89 MGA

MGA to USD exchange rate history

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

About the Malagasy Ariary and the US Dollar

About the US Dollar (USD)

Symbol
$
Issued by
US Federal Reserve
Used in
United States, and as a reserve currency worldwide
Subunit
100 cents

The US dollar is the world’s primary reserve currency and the base against which most other currencies are quoted. Many African and Latin American rates are effectively set through the dollar, so USD moves ripple into every corridor MigraPay serves.

All USD exchange rates

Why the MGA to USD rate changes

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

More exchange rates

USD to MGA and other USD rates

MGA to other currencies

Other currencies to USD

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MGA to USD FAQ

What is the MGA to USD exchange rate today?

1 Malagasy Ariary (MGA) is 0.0002314 US Dollar (USD), as of 11 Sept 2026, 18:33 UTC. This is the mid-market reference rate, updated about every 30 minutes.

How much is 100 MGA in US Dollar?

100 MGA is 0.02314 USD at the mid-market rate.

How much is 1,000 MGA in USD?

1,000 MGA converts to 0.2314 USD at the mid-market rate.

How much is 2,000 MGA in US Dollar?

2,000 MGA is 0.4629 USD at the mid-market rate.

How much is 100 USD in MGA?

100 USD converts to 432,067.53 MGA at the mid-market rate.

Can I send MGA to USD 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 US Dollar only.

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

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