Convert MGA to AED — live rate

Convert Malagasy Ariaries to United Arab Emirates Dirhams and compare the real cost of sending money.

MGA
AED
1 MGA = 0.0008 AED • Mid-market rate
Updated just now
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Historical MGA/AED exchange rate

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

Quick reference: MGA to AED

1 MGA → 0.00 AED
5 MGA → 0.00 AED
10 MGA → 0.01 AED
50 MGA → 0.04 AED
100 MGA → 0.08 AED
500 MGA → 0.41 AED
1,000 MGA → 0.81 AED
5,000 MGA → 4.07 AED

Real cost of MGA → AED

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 MGA
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

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
AED — United Arab Emirates Dirham
ISO Code AED
Central Bank Central Bank of the UAE
Common Notes د.إ5, د.إ10, د.إ20, د.إ50, د.إ100, د.إ200, د.إ500
Learn more about AED

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