Convert MGA to ALL — live rate

Convert Malagasy Ariaries to Albanian Leks and compare the real cost of sending money.

MGA
ALL
1 MGA = 0.0180 ALL Mid-market rate
Updated just now
Compare transfers for MGA → ALL
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Historical MGA/ALL exchange rate

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

Quick reference: MGA to ALL

1 MGA 0.02 ALL
5 MGA 0.09 ALL
10 MGA 0.18 ALL
50 MGA 0.90 ALL
100 MGA 1.80 ALL
500 MGA 8.98 ALL
1,000 MGA 17.96 ALL
5,000 MGA 89.82 ALL

Real cost of MGA → ALL

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
ALL — Albanian Lek
ISO Code ALL
Symbol Lek
Central Bank Bank of Albania
Common Notes Lek200, Lek500, Lek1000, Lek2000, Lek5000
Learn more about ALL

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