Convert THB to MGA — live rate

Convert Thai Bahts to Malagasy Ariaries and compare the real cost of sending money.

THB
MGA
1 THB = 129.1080 MGA • Mid-market rate
Updated just now
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Historical THB/MGA exchange rate

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

Quick reference: THB to MGA

1 THB → 129.11 MGA
5 THB → 645.54 MGA
10 THB → 1,291.08 MGA
50 THB → 6,455.40 MGA
100 THB → 12,910.80 MGA
500 THB → 64,554.00 MGA
1,000 THB → 129,108.00 MGA
5,000 THB → 645,540.00 MGA

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

*Estimate based on typical provider rates

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Currency snapshots

THB — Thai Baht
ISO Code THB
Symbol ฿
Central Bank Bank of Thailand
Common Notes ฿20, ฿50, ฿100, ฿500, ฿1000
Learn more about THB
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.