Malagasy Ariary to US Dollar — MGA to USD

1 MGA = 0.00021786 USD
1 USD = 4,590.00 MGA · Mid-market rate, 04:50 UTC

MGA/USD Exchange Rate Chart

1D | 1W | 1M | 3M | 6M | 1Y | 2Y | 5Y | 10Y

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MGA/USD Rate Statistics

Metric 7 Days 30 Days 90 Days
High 0.00021786 0.00022497 0.00023256
Low 0.00021763 0.00021763 0.00021763
Average 0.00021769 0.00022004 0.00022663
Change -0.00% -3.16% -6.10%

MGA/USD Over the Past Year

MGA/USD is at 0.00021786, at or near its lowest level of the past year (0.00021739 on 7 Jan 2026). It is down 0.2% since 1 January and down 2.0% on a year ago.

52-week high (16 Apr 2026)0.00024219
52-week low (7 Jan 2026)0.00021739
Change since 1 January-0.22%
Change over 1 year-1.96%

Based on daily closing rates over the past 12 months.

MGA to USD Conversion Table

MGA USD
MGA 1,000 USD 0.22
MGA 5,000 USD 1.09
MGA 10,000 USD 2.18
MGA 25,000 USD 5.45
MGA 50,000 USD 10.89
MGA 100,000 USD 21.79
MGA 500,000 USD 108.93

USD to MGA Conversion Table

USD MGA
USD 1 MGA 4,590
USD 5 MGA 22,950
USD 10 MGA 45,900
USD 25 MGA 114,750
USD 50 MGA 229,500
USD 100 MGA 459,000
USD 500 MGA 2,295,000

One Malagasy Ariary is worth 0.00021786 USD at today's mid-market rate, so 100 MGA converts to 0.02 USD and 1,000 MGA converts to 0.22 USD. Over the past 30 days the rate has moved between 0.00021763 and 0.00022497.

Over the past year MGA/USD has ranged from 0.00021739 (7 January 2026) to 0.00024219 (16 April 2026). Its biggest one-day move in that time was a rise of 2.09% on 26 February 2026. For longer context, five years ago one MGA bought about 0.00025201 USD; ten years ago, about 0.00031133.

Rates on this page update every minute. They are mid-market rates, which is usually better than the rate a bank or transfer provider will offer you.

Frequently Asked Questions

What is the MGA to USD exchange rate today?
The mid-market rate is 1 MGA = 0.00021786 USD, so 100 MGA converts to 0.02 USD. The rate updates every minute.
What was the highest MGA to USD rate in the past year?
The highest daily closing rate in the past 12 months was 0.00024219 on 16 April 2026. The lowest was 0.00021739 on 7 January 2026.
How much has MGA/USD changed this year?
MGA/USD is down 0.2% since 1 January, and down 2.0% on a year ago.
What was the MGA to USD rate five years ago?
About 0.00025201 USD per MGA. Today's rate of 0.00021786 is down 13.5% on that.
Why is my bank's MGA to USD rate different?
The rate on this page is the mid-market rate: the midpoint between what buyers and sellers of MGA and USD are paying on the wholesale market. Banks and money transfer providers rarely give you that rate. Most build their profit into the exchange rate itself, quoting you a rate some way below mid-market and often advertising the transfer as "fee free". High-street banks commonly take 2-4% this way; specialist transfer services and brokers usually take much less. The gap matters most on large amounts: on a 50,000 MGA transfer, the difference between a 3% and a 0.5% margin is 1,250 MGA. Before you send, compare the rate you're offered against the mid-market rate here, and ask for the total amount that will arrive rather than the fee alone.

Malagasy Ariary (MGA) exchange rates

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US Dollar (USD) exchange rates

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