CURRENCY PAIR
MGA to USD Currency Converter
Malagasy Ariary → 
United States Dollar
1 MGA = 0.00023 USDRate date: 2026-09-15 · Frankfurter
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DIRECT ANSWER
1 MGA = 0.00023 USD
Using reference data dated 2026-09-15, 1 Malagasy Ariary (MGA) is approximately 0.00023 United States Dollar (USD).
This is a comparison reference. Bank, card and transfer-provider quotes may include spreads and fees.
Currency converter
MGA → USD
Rate date 2026-09-15
Quick amounts
MGA 1USD 0.00023
1 MGA = 0.00023 USD
Reference rate only. Banks and payment providers may use different rates and fees.
FEE ESTIMATE
Full fee tool →Estimate fees for MGA to USD
Reference conversion—
Estimated cost—
Estimated received—
This estimate uses the values you enter. Providers may use different rates and fee methods.
CURRENT RATE
Current MGA to USD reference rate
Reference rate1 MGA = 0.00023 USD
Inverse rate1 USD = 4,347.826087 MGA
Rate date2026-09-15
Rate typeReference only
HISTORICAL CHART
MGA/USD reference-rate history
Previous publication0.00%
7 day change0.00%
30 day change0.00%
90 day change-4.17%
90-day high0.00024
90-day low0.00023
90-day average0.000232
The chart describes published historical reference data and does not predict future movement.
CURRENCY KNOWLEDGE
About MGA and USD
Malagasy AriaryMGA
- Symbol
- Ar
- Country or area
- Madagascar
- Region
- —
- Central bank
- —
- Minor unit
- —
United States DollarUSD
- Symbol
- $
- Country or area
- United States
- Region
- Americas
- Central bank
- Federal Reserve
- Minor unit
- Cent
Common MGA and USD amounts
The table shows both directions. Actual transaction results may differ because of provider fees.
| MGA | USD | USD | MGA |
|---|---|---|---|
| 1 MGA | 0.00023 USD | 1 USD | 4,347.826087 MGA |
| 5 MGA | 0.00115 USD | 5 USD | 21,739.130435 MGA |
| 10 MGA | 0.0023 USD | 10 USD | 43,478.26087 MGA |
| 20 MGA | 0.0046 USD | 20 USD | 86,956.521739 MGA |
| 25 MGA | 0.00575 USD | 25 USD | 108,695.652174 MGA |
| 50 MGA | 0.0115 USD | 50 USD | 217,391.304348 MGA |
| 100 MGA | 0.023 USD | 100 USD | 434,782.608696 MGA |
| 250 MGA | 0.0575 USD | 250 USD | 1,086,956.521739 MGA |
| 500 MGA | 0.115 USD | 500 USD | 2,173,913.043478 MGA |
| 1,000 MGA | 0.23 USD | 1,000 USD | 4,347,826.086957 MGA |
| 5,000 MGA | 1.15 USD | 5,000 USD | 21,739,130.434783 MGA |
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Read guide →MGA → USD questions
What does MGA to USD mean?
It treats Malagasy Ariary (MGA) as the starting currency and calculates the equivalent amount in United States Dollar (USD).
How much is 1 MGA in USD now?
The answer block at the top shows the latest available dated reference rate. Rates change, so cite the provider date shown on the page.
Is this a bank or transfer-provider rate?
No. It is a dated reference rate. Banks, card networks and transfer providers may add spreads and fees.
How current is the exchange rate?
The page shows the provider publication date, currently 2026-09-15. Weekends and holidays may use the latest working-day observation.
Why can the final received amount differ?
The actual amount can be affected by provider spreads, percentage charges, fixed fees, settlement method and transaction time.
SOURCES & METHOD
Rate data and content maintenance
Rate data is supplied through the Frankfurter public reference-data interface. The page distinguishes reference information from executable customer quotes and displays the provider date.
- Provider
- Frankfurter
- Rate date
- 2026-09-15
- Content maintenance
- CurrencyFlow
- Last updated