What is the current XDR to MGA exchange rate?

The current mid-market exchange rate is 1 XDR = 5940.4000 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 XDR 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 XDR to MGA?

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

Convert Special Drawing Rights to Malagasy Ariaries and compare the real cost of sending money.

You send

XDR

They receive

MGA

1 XDR = 5940.4000 MGA • Mid-market rate

Updated just now

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Historical XDR/MGA exchange rate

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

Quick reference: XDR to MGA

1 XDR → 5,940.40 MGA

5 XDR → 29,702.00 MGA

10 XDR → 59,404.00 MGA

50 XDR → 297,020.00 MGA

100 XDR → 594,040.00 MGA

500 XDR → 2,970,200.00 MGA

1,000 XDR → 5,940,400.00 MGA

5,000 XDR → 29,702,000.00 MGA

Currency snapshots

XDR — Special Drawing Rights

ISO Code XDR

Learn more about XDR

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 XDR to MGA — live rate

Historical XDR/MGA exchange rate

Quick reference: XDR to MGA

Real cost of XDR → MGA

Estimated savings

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Currency snapshots