TZS to MGA exchange rate
Tanzanian Shilling to Malagasy Ariary currency converter at the live mid-market rate.
Reference rate (mid-market)
1 TZS = 1.6346 MGA
1 MGA = 0.6118 TZS
Rate as of . Market reference rate, updated about every 30 minutes.
Reference rate only. MigraPay does not currently support sending Tanzanian Shilling (TZS) 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 TZS = 0.00 MGA
Mid-market reference rate, not a MigraPay quote
TZS to MGA conversion tables
Popular amounts at today's rate, in both directions.
| TZS | MGA |
|---|---|
| 1 TZS | 1.6346 MGA |
| 5 TZS | 8.1732 MGA |
| 10 TZS | 16.3465 MGA |
| 20 TZS | 32.693 MGA |
| 50 TZS | 81.7324 MGA |
| 100 TZS | 163.46 MGA |
| 200 TZS | 326.93 MGA |
| 500 TZS | 817.32 MGA |
| 1,000 TZS | 1,634.65 MGA |
| 2,000 TZS | 3,269.3 MGA |
| 5,000 TZS | 8,173.24 MGA |
| 10,000 TZS | 16,346.48 MGA |
| MGA | TZS |
|---|---|
| 1 MGA | 0.6118 TZS |
| 5 MGA | 3.0588 TZS |
| 10 MGA | 6.1175 TZS |
| 20 MGA | 12.2351 TZS |
| 50 MGA | 30.5876 TZS |
| 100 MGA | 61.1753 TZS |
| 200 MGA | 122.35 TZS |
| 500 MGA | 305.88 TZS |
| 1,000 MGA | 611.75 TZS |
| 2,000 MGA | 1,223.51 TZS |
| 5,000 MGA | 3,058.76 TZS |
| 10,000 MGA | 6,117.53 TZS |
TZS to MGA exchange rate history
Market rate over time, with the high, low and average for any period you pick.
About the Tanzanian Shilling and the Malagasy Ariary
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 TZS to MGA rate changes
The Tanzanian Shilling 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 TZS 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 TZS 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 TZS and other MGA rates
- MGA to TZS
- 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 RWF
- 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
TZS to other currencies
Other currencies to MGA
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TZS to MGA FAQ
What is the TZS to MGA exchange rate today?
1 Tanzanian Shilling (TZS) is 1.6346 Malagasy Ariary (MGA), as of 11 Sept 2026, 18:02 UTC. This is the mid-market reference rate, updated about every 30 minutes.
How much is 100 TZS in Malagasy Ariary?
100 TZS is 163.46 MGA at the mid-market rate.
How much is 1,000 TZS in MGA?
1,000 TZS converts to 1,634.65 MGA at the mid-market rate.
How much is 2,000 TZS in Malagasy Ariary?
2,000 TZS is 3,269.3 MGA at the mid-market rate.
How much is 100 MGA in TZS?
100 MGA converts to 61.1753 TZS at the mid-market rate.
Can I send TZS 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 Tanzanian Shilling to Malagasy Ariary only.
Is the TZS to MGA rate the same as the mid-market rate?
Yes. It is the wholesale rate between TZS 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.