What is the current MGA to SEK exchange rate?

The current mid-market exchange rate is 1 MGA = 0.0023 SEK. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best MGA to SEK rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert MGA to SEK?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the MGA/SEK rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert MGA to SEK — live rate

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

You send

MGA

They receive

SEK

1 MGA = 0.0023 SEK • Mid-market rate

Updated just now

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Historical MGA/SEK exchange rate

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

Quick reference: MGA to SEK

1 MGA → 0.00 SEK

5 MGA → 0.01 SEK

10 MGA → 0.02 SEK

50 MGA → 0.11 SEK

100 MGA → 0.23 SEK

500 MGA → 1.13 SEK

1,000 MGA → 2.26 SEK

5,000 MGA → 11.32 SEK

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

SEK — Swedish Krona

ISO Code SEK

Symbol kr

Central Bank Sveriges Riksbank

Common Notes kr20, kr50, kr100, kr500

Learn more about SEK

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

Convert MGA to SEK — live rate

Historical MGA/SEK exchange rate

Quick reference: MGA to SEK

Real cost of MGA → SEK

Estimated savings

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Currency snapshots