South African Rand to Malagasy Ariary — ZAR to MGA

1 ZAR = 281.00891936 MGA
1 MGA = 0.0035586 ZAR · Mid-market rate, 04:57 UTC

ZAR/MGA Exchange Rate Chart

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

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ZAR/MGA Rate Statistics

Metric 7 Days 30 Days 90 Days
High 281.04 281.04 281.04
Low 274.62 266.01 264.51
Average 276.23 274.53 270.46
Change +1.70% +5.25% +5.19%

ZAR/MGA Over the Past Year

ZAR/MGA is at 281.01, 88% of the way between its 52-week low of 242.92 (30 Mar 2026) and high of 286.13 (28 Jan 2026). It is up 1.3% since 1 January and up 8.8% on a year ago.

52-week high (28 Jan 2026)286.13
52-week low (30 Mar 2026)242.92
Change since 1 January+1.31%
Change over 1 year+8.76%

Based on daily closing rates over the past 12 months.

ZAR to MGA Conversion Table

ZAR MGA
ZAR 10 MGA 2,810
ZAR 50 MGA 14,050
ZAR 100 MGA 28,101
ZAR 250 MGA 70,252
ZAR 500 MGA 140,504
ZAR 1,000 MGA 281,009
ZAR 5,000 MGA 1,405,045

MGA to ZAR Conversion Table

MGA ZAR
MGA 1,000 ZAR 3.56
MGA 5,000 ZAR 17.79
MGA 10,000 ZAR 35.59
MGA 25,000 ZAR 88.97
MGA 50,000 ZAR 177.93
MGA 100,000 ZAR 355.86
MGA 500,000 ZAR 1,779.30

One South African Rand is worth 281.01 MGA at today's mid-market rate, so 100 ZAR converts to 28,101 MGA and 1,000 ZAR converts to 281,009 MGA. Over the past 30 days the rate has moved between 266.01 and 281.04.

Over the past year ZAR/MGA has ranged from 242.92 (30 March 2026) to 286.13 (28 January 2026). Its biggest one-day move in that time was a fall of 3.95% on 3 March 2026. For longer context, five years ago one ZAR bought about 256.11 MGA; ten years ago, about 224.78.

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 ZAR to MGA exchange rate today?
The mid-market rate is 1 ZAR = 281.01 MGA, so 100 ZAR converts to 28,101 MGA. The rate updates every minute.
What was the highest ZAR to MGA rate in the past year?
The highest daily closing rate in the past 12 months was 286.13 on 28 January 2026. The lowest was 242.92 on 30 March 2026.
How much has ZAR/MGA changed this year?
ZAR/MGA is up 1.3% since 1 January, and up 8.8% on a year ago.
What was the ZAR to MGA rate five years ago?
About 256.11 MGA per ZAR. Today's rate of 281.01 is up 9.7% on that.
Why is my bank's ZAR to MGA rate different?
The rate on this page is the mid-market rate: the midpoint between what buyers and sellers of ZAR and MGA 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 ZAR transfer, the difference between a 3% and a 0.5% margin is 1,250 ZAR. 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.

South African Rand (ZAR) exchange rates

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Malagasy Ariary (MGA) exchange rates

All MGA exchange rates →