Convert MGA to SGD — live rate

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

MGA
SGD
1 MGA = 0.0003 SGD Mid-market rate
Updated just now
Compare transfers for MGA → SGD
No signup required FCA-regulated providers only

Historical MGA/SGD exchange rate

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

Quick reference: MGA to SGD

1 MGA 0.00 SGD
5 MGA 0.00 SGD
10 MGA 0.00 SGD
50 MGA 0.01 SGD
100 MGA 0.03 SGD
500 MGA 0.14 SGD
1,000 MGA 0.28 SGD
5,000 MGA 1.42 SGD

Real cost of MGA → SGD

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
SGD — Singapore Dollar
ISO Code SGD
Symbol $
Central Bank Monetary Authority of Singapore
Common Notes $2, $5, $10, $50
Learn more about SGD

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