What is the current BRL to MGA exchange rate?

The current mid-market exchange rate is 1 BRL = 844.4750 MGA. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best BRL to MGA rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert BRL to MGA?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the BRL/MGA rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert BRL to MGA — live rate

Convert Brazilian Reals to Malagasy Ariaries and compare the real cost of sending money.

You send

BRL

They receive

MGA

1 BRL = 844.4750 MGA • Mid-market rate

Updated just now

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Historical BRL/MGA exchange rate

Rates shown are indicative mid-market rates, updated regularly.

Quick reference: BRL to MGA

1 BRL → 844.48 MGA

5 BRL → 4,222.38 MGA

10 BRL → 8,444.75 MGA

50 BRL → 42,223.75 MGA

100 BRL → 84,447.50 MGA

500 BRL → 422,237.50 MGA

1,000 BRL → 844,475.00 MGA

5,000 BRL → 4,222,375.00 MGA

Currency snapshots

BRL — Brazilian Real

ISO Code BRL

Symbol R$

Central Bank Banco Central Do Brasil

Common Notes R$5, R$10, R$20, R$50, R$100

Learn more about BRL

MGA — Malagasy Ariary

ISO Code MGA

Central Bank Banque Centrale de Madagascar

Common Notes Ar100, Ar200, Ar500, Ar1000, Ar2000, Ar5000, Ar10000

Learn more about MGA

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.

Convert BRL to MGA — live rate

Historical BRL/MGA exchange rate

Quick reference: BRL to MGA

Real cost of BRL → MGA

Estimated savings

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Currency snapshots