MGA to ZAR exchange rate
Malagasy Ariary to South African Rand currency converter at the live mid-market rate.
Reference rate (mid-market)
1 MGA = 0.003738 ZAR
1 ZAR = 267.5 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 South African Rand (ZAR). 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 ZAR
Mid-market reference rate, not a MigraPay quote
MGA to ZAR conversion tables
Popular amounts at today's rate, in both directions.
| MGA | ZAR |
|---|---|
| 1 MGA | 0.003738 ZAR |
| 5 MGA | 0.01869 ZAR |
| 10 MGA | 0.03738 ZAR |
| 20 MGA | 0.07477 ZAR |
| 50 MGA | 0.1869 ZAR |
| 100 MGA | 0.3738 ZAR |
| 200 MGA | 0.7477 ZAR |
| 500 MGA | 1.8692 ZAR |
| 1,000 MGA | 3.7384 ZAR |
| 2,000 MGA | 7.4767 ZAR |
| 5,000 MGA | 18.6918 ZAR |
| 10,000 MGA | 37.3835 ZAR |
| ZAR | MGA |
|---|---|
| 1 ZAR | 267.5 MGA |
| 5 ZAR | 1,337.49 MGA |
| 10 ZAR | 2,674.98 MGA |
| 20 ZAR | 5,349.95 MGA |
| 50 ZAR | 13,374.88 MGA |
| 100 ZAR | 26,749.76 MGA |
| 200 ZAR | 53,499.53 MGA |
| 500 ZAR | 133,748.82 MGA |
| 1,000 ZAR | 267,497.64 MGA |
| 2,000 ZAR | 534,995.27 MGA |
| 5,000 ZAR | 1,337,488.18 MGA |
| 10,000 ZAR | 2,674,976.36 MGA |
MGA to ZAR exchange rate history
Market rate over time, with the high, low and average for any period you pick.
About the Malagasy Ariary and the South African Rand
About the South African Rand (ZAR)
- Symbol
- R
- Issued by
- South African Reserve Bank
- Used in
- South Africa, and legal tender in Namibia, Lesotho and Eswatini
- Subunit
- 100 cents
The rand is the most traded African currency and one of the most liquid emerging-market currencies. It is sensitive to global risk appetite and commodity prices, so its rate can swing more than most.
Why the MGA to ZAR rate changes
The Malagasy Ariary to South African Rand 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 ZAR 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 ZAR rate you are offered will usually be lower than the figure here. Use it as the benchmark to judge any quote.
More exchange rates
ZAR to MGA and other ZAR rates
- ZAR to MGA
- ZAR to CAD
- ZAR to NGN
- ZAR to USD
- ZAR to EUR
- ZAR to GBP
- ZAR to GHS
- ZAR to USDT
- ZAR to USDC
- ZAR to BRL
- ZAR to COP
- ZAR to KES
- ZAR to MXN
- ZAR to RWF
- ZAR to TZS
- ZAR to XAF
- ZAR to XOF
- ZAR to INR
- ZAR to JPY
- ZAR to CNY
- ZAR to AUD
- ZAR to CHF
- ZAR to AED
- ZAR to SAR
- ZAR to PHP
- ZAR to PKR
- ZAR to BDT
- ZAR to EGP
- ZAR to TRY
- ZAR to SGD
MGA to other currencies
Other currencies to ZAR
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MGA to ZAR FAQ
What is the MGA to ZAR exchange rate today?
1 Malagasy Ariary (MGA) is 0.003738 South African Rand (ZAR), 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 South African Rand?
100 MGA is 0.3738 ZAR at the mid-market rate.
How much is 1,000 MGA in ZAR?
1,000 MGA converts to 3.7384 ZAR at the mid-market rate.
How much is 2,000 MGA in South African Rand?
2,000 MGA is 7.4767 ZAR at the mid-market rate.
How much is 100 ZAR in MGA?
100 ZAR converts to 26,749.76 MGA at the mid-market rate.
Can I send MGA to ZAR 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 South African Rand only.
Is the MGA to ZAR rate the same as the mid-market rate?
Yes. It is the wholesale rate between MGA and ZAR 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.