What is the current PAB to MGA exchange rate?

The current mid-market exchange rate is 1 PAB = 4189.9000 MGA. 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 PAB to MGA 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 PAB to MGA?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the PAB/MGA 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 PAB to MGA — live rate

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

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PAB

They receive

MGA

1 PAB = 4189.9000 MGA • Mid-market rate

Updated just now

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Historical PAB/MGA exchange rate

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

Quick reference: PAB to MGA

1 PAB → 4,189.90 MGA

5 PAB → 20,949.50 MGA

10 PAB → 41,899.00 MGA

50 PAB → 209,495.00 MGA

100 PAB → 418,990.00 MGA

500 PAB → 2,094,950.00 MGA

1,000 PAB → 4,189,900.00 MGA

5,000 PAB → 20,949,500.00 MGA

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.

Convert PAB to MGA — live rate

Historical PAB/MGA exchange rate

Quick reference: PAB to MGA

Real cost of PAB → MGA

Estimated savings

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Currency snapshots