Convert MGA to GBP — live rate

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

MGA
GBP
1 MGA = 0.0002 GBP Mid-market rate
Updated just now
Compare transfers for MGA → GBP
No signup required FCA-regulated providers only

Historical MGA/GBP exchange rate

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

Quick reference: MGA to GBP

1 MGA 0.00 GBP
5 MGA 0.00 GBP
10 MGA 0.00 GBP
50 MGA 0.01 GBP
100 MGA 0.02 GBP
500 MGA 0.08 GBP
1,000 MGA 0.16 GBP
5,000 MGA 0.82 GBP

Real cost of MGA → GBP

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

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