RWF to MGA exchange rate
Rwandan Franc to Malagasy Ariary currency converter at the live mid-market rate.
Reference rate (mid-market)
1 RWF = 2.9289 MGA
1 MGA = 0.3414 RWF
Rate as of . Market reference rate, updated about every 30 minutes.
Reference rate only. MigraPay does not currently support sending Rwandan Franc (RWF) to Malagasy Ariary (MGA). 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 RWF = 0.00 MGA
Mid-market reference rate, not a MigraPay quote
RWF to MGA conversion tables
Popular amounts at today's rate, in both directions.
| RWF | MGA |
|---|---|
| 1 RWF | 2.9289 MGA |
| 5 RWF | 14.6446 MGA |
| 10 RWF | 29.2892 MGA |
| 20 RWF | 58.5784 MGA |
| 50 RWF | 146.45 MGA |
| 100 RWF | 292.89 MGA |
| 200 RWF | 585.78 MGA |
| 500 RWF | 1,464.46 MGA |
| 1,000 RWF | 2,928.92 MGA |
| 2,000 RWF | 5,857.84 MGA |
| 5,000 RWF | 14,644.6 MGA |
| 10,000 RWF | 29,289.2 MGA |
| MGA | RWF |
|---|---|
| 1 MGA | 0.3414 RWF |
| 5 MGA | 1.7071 RWF |
| 10 MGA | 3.4142 RWF |
| 20 MGA | 6.8285 RWF |
| 50 MGA | 17.0711 RWF |
| 100 MGA | 34.1423 RWF |
| 200 MGA | 68.2846 RWF |
| 500 MGA | 170.71 RWF |
| 1,000 MGA | 341.42 RWF |
| 2,000 MGA | 682.85 RWF |
| 5,000 MGA | 1,707.11 RWF |
| 10,000 MGA | 3,414.23 RWF |
RWF to MGA exchange rate history
Market rate over time, with the high, low and average for any period you pick.
About the Rwandan Franc and the Malagasy Ariary
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.
Why the RWF to MGA rate changes
The Rwandan Franc to Malagasy Ariary 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 RWF to MGA 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 RWF to MGA rate you are offered will usually be lower than the figure here. Use it as the benchmark to judge any quote.
More exchange rates
MGA to RWF and other MGA rates
- MGA to RWF
- MGA to CAD
- MGA to NGN
- MGA to USD
- MGA to EUR
- MGA to GBP
- MGA to GHS
- MGA to USDT
- MGA to USDC
- MGA to BRL
- MGA to COP
- MGA to KES
- MGA to MXN
- MGA to TZS
- MGA to XAF
- MGA to XOF
- MGA to ZAR
- MGA to INR
- MGA to JPY
- MGA to CNY
- MGA to AUD
- MGA to CHF
- MGA to AED
- MGA to SAR
- MGA to PHP
- MGA to PKR
- MGA to BDT
- MGA to EGP
- MGA to TRY
- MGA to SGD
RWF to other currencies
Other currencies to MGA
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RWF to MGA FAQ
What is the RWF to MGA exchange rate today?
1 Rwandan Franc (RWF) is 2.9289 Malagasy Ariary (MGA), as of 11 Sept 2026, 18:23 UTC. This is the mid-market reference rate, updated about every 30 minutes.
How much is 100 RWF in Malagasy Ariary?
100 RWF is 292.89 MGA at the mid-market rate.
How much is 1,000 RWF in MGA?
1,000 RWF converts to 2,928.92 MGA at the mid-market rate.
How much is 2,000 RWF in Malagasy Ariary?
2,000 RWF is 5,857.84 MGA at the mid-market rate.
How much is 100 MGA in RWF?
100 MGA converts to 34.1423 RWF at the mid-market rate.
Can I send RWF to MGA 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 Rwandan Franc to Malagasy Ariary only.
Is the RWF to MGA rate the same as the mid-market rate?
Yes. It is the wholesale rate between RWF and MGA 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.