Convert XCD to MGA — live rate

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

XCD
MGA
1 XCD = 1699.2300 MGA Mid-market rate
Updated just now
Compare transfers for XCD → MGA
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Historical XCD/MGA exchange rate

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

Quick reference: XCD to MGA

1 XCD 1,699.23 MGA
5 XCD 8,496.15 MGA
10 XCD 16,992.30 MGA
50 XCD 84,961.50 MGA
100 XCD 169,923.00 MGA
500 XCD 849,615.00 MGA
1,000 XCD 1,699,230.00 MGA
5,000 XCD 8,496,150.00 MGA

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

*Estimate based on typical provider rates

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Currency snapshots

XCD — East Caribbean Dollar
ISO Code XCD
Symbol $
Central Bank Eastern Caribbean Central Bank
Common Notes 5, 10, 20, 50, 100 dollars
Learn more about XCD
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.