Convert SEK to MGA — live rate

Convert Swedish Kronas to Malagasy Ariaries and compare the real cost of sending money.

SEK
MGA
1 SEK = 502.3050 MGA Mid-market rate
Updated just now
Compare transfers for SEK → MGA
No signup required FCA-regulated providers only

Historical SEK/MGA exchange rate

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

Quick reference: SEK to MGA

1 SEK 502.31 MGA
5 SEK 2,511.53 MGA
10 SEK 5,023.05 MGA
50 SEK 25,115.25 MGA
100 SEK 50,230.50 MGA
500 SEK 251,152.50 MGA
1,000 SEK 502,305.00 MGA
5,000 SEK 2,511,525.00 MGA

Real cost of SEK → 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 SEK
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

SEK — Swedish Krona
ISO Code SEK
Symbol kr
Central Bank Sveriges Riksbank
Common Notes kr20, kr50, kr100, kr500
Learn more about SEK
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.