Convert CAD to MGA — live rate

Convert Canadian Dollars to Malagasy Ariaries and compare the real cost of sending money.

CAD
MGA
1 CAD = 3034.5700 MGA • Mid-market rate
Updated just now
Compare transfers for CAD → MGA
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Historical CAD/MGA exchange rate

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

Quick reference: CAD to MGA

1 CAD → 3,034.57 MGA
5 CAD → 15,172.85 MGA
10 CAD → 30,345.70 MGA
50 CAD → 151,728.50 MGA
100 CAD → 303,457.00 MGA
500 CAD → 1,517,285.00 MGA
1,000 CAD → 3,034,570.00 MGA
5,000 CAD → 15,172,850.00 MGA

Real cost of CAD → MGA

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 CAD
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

CAD — Canadian Dollar
ISO Code CAD
Symbol $
Central Bank Bank of Canada
Common Notes $5, $10, $20, $50, $100
Learn more about CAD
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.