Convert PAB to MGA — live rate

Convert Panamanian Balboas to Malagasy Ariaries and compare the real cost of sending money.

PAB
MGA
1 PAB = 4345.3500 MGA • Mid-market rate
Updated just now
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Historical PAB/MGA exchange rate

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

Quick reference: PAB to MGA

1 PAB → 4,345.35 MGA
5 PAB → 21,726.75 MGA
10 PAB → 43,453.50 MGA
50 PAB → 217,267.50 MGA
100 PAB → 434,535.00 MGA
500 PAB → 2,172,675.00 MGA
1,000 PAB → 4,345,350.00 MGA
5,000 PAB → 21,726,750.00 MGA

Real cost of PAB → MGA

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

*Estimate based on typical provider rates

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Currency snapshots

PAB — Panamanian Balboa
ISO Code PAB
Symbol B/.
Central Bank National Bank of Panama
Learn more about PAB
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

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