Convert MGA to HKD — live rate

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

MGA
HKD
1 MGA = 0.0017 HKD Mid-market rate
Updated just now
Compare transfers for MGA → HKD
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Historical MGA/HKD exchange rate

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

Quick reference: MGA to HKD

1 MGA 0.00 HKD
5 MGA 0.01 HKD
10 MGA 0.02 HKD
50 MGA 0.09 HKD
100 MGA 0.17 HKD
500 MGA 0.86 HKD
1,000 MGA 1.73 HKD
5,000 MGA 8.63 HKD

Real cost of MGA → HKD

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
HKD — Hong Kong Dollar
ISO Code HKD
Symbol $
Central Bank Hong Kong Monetary Authority
Common Notes HK$20, HK$50, HK$100, HK$500, HK$1000
Learn more about HKD

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