Convert GBP to MGA — live rate

Convert British Pounds to Malagasy Ariaries and compare the real cost of sending money.

GBP
MGA
1 GBP = 5562.2100 MGA • Mid-market rate
Updated just now
Compare transfers for GBP → MGA
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Historical GBP/MGA exchange rate

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

Quick reference: GBP to MGA

1 GBP → 5,562.21 MGA
5 GBP → 27,811.05 MGA
10 GBP → 55,622.10 MGA
50 GBP → 278,110.50 MGA
100 GBP → 556,221.00 MGA
500 GBP → 2,781,105.00 MGA
1,000 GBP → 5,562,210.00 MGA
5,000 GBP → 27,811,050.00 MGA

Real cost of GBP → 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 GBP
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

GBP — British Pound
ISO Code GBP
Symbol £
Central Bank Bank of England
Common Notes £5, £10, £20, £50
Learn more about GBP
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.