Malagasy Ariary to US Dollar
Convert MGA to USD
One MGA is worth 0.000232 USD.
One USD is worth 4,319.12 MGA.
1 MGA is worth 0.000232 USD at the mid-market rate. That rate is indicative, refreshed hourly, and is the reference figure before any bank or bureau margin.
Updated Sep 12, 2026, 12:02 AM
Converted amount
2.32 USD
1 MGA = 0.000232 USD · 1 USD = 4,319.12 MGA
Updated Sep 12, 2026, 12:02 AM
MGA to USD conversion table
Common Malagasy Ariary amounts converted into US Dollar at the current mid-market rate, refreshed every hour. Read a price straight off the table instead of typing an amount.
| Amount in MGA | Converted to USD |
|---|---|
| 10,000 MGA | 2.32 USD |
| 50,000 MGA | 11.58 USD |
| 100,000 MGA | 23.15 USD |
| 250,000 MGA | 57.88 USD |
| 500,000 MGA | 115.76 USD |
| 1,000,000 MGA | 231.53 USD |
| 2,500,000 MGA | 578.82 USD |
| 5,000,000 MGA | 1,157.64 USD |
| 10,000,000 MGA | 2,315.29 USD |
| 50,000,000 MGA | 11,576.44 USD |
| 100,000,000 MGA | 23,152.87 USD |
Convert USD back to MGA
| Amount in USD | Converted to MGA |
|---|---|
| 1 USD | 4,319 MGA |
| 5 USD | 21,596 MGA |
| 10 USD | 43,191 MGA |
| 25 USD | 107,978 MGA |
| 50 USD | 215,956 MGA |
| 100 USD | 431,912 MGA |
| 500 USD | 2,159,559 MGA |
| 1,000 USD | 4,319,119 MGA |
The figure shown is the mid-market rate: the midpoint between the buy and sell price, updated hourly. It is the rate before any margin is added, so a bank or a bureau de change will quote you a lower one.
About the Malagasy Ariary to US Dollar rate
This page converts the Malagasy Ariary (MGA) into the US Dollar (USD) at the mid-market rate. Both currencies trade continuously on the foreign exchange market, and the ratio between them moves with interest rates, inflation and the trade flows between their economies. The rate shown here is the neutral reference each bank, card network and bureau de change then builds its own price on top of.
Every figure on this page is an hourly mid-market reading of MGA/USD. It says where the pair stands right now, not where it is heading: no rate here is a forecast, a quote, or an offer to exchange.
MGA to USD: common questions
How much is 100 MGA in USD?
100 MGA converts to 0.02 USD at the current mid-market rate, where one MGA is worth 0.000232 USD. That rate is refreshed every hour from ExchangeRate-API, so the figure moves through the day.
Is 0.000232 the rate my bank will give me?
No. 0.000232 is the mid-market rate for MGA to USD, the midpoint between the buy and sell price and the rate before anyone adds a margin. A bank, a card network or a bureau de change quotes a lower rate on this pair and may charge a fee on top, so expect to receive less than the converted figure shown here.
What is the MGA to USD exchange rate today?
Today one MGA is worth 0.000232 USD, and one USD is worth 4,319.12 MGA. The figure comes from ExchangeRate-API and is refreshed every hour, so it is the latest hourly mid-market reading rather than a live trading price.
How do I convert USD back to MGA?
Use the inverse rate: one USD is worth 4,319.12 MGA, so multiply your US Dollar amount by that figure. You can also swap the two currencies in the converter above and the table recalculates in the other direction.
Can I convert MGA to USD without internet?
Yes, in the Android app. It stores the last synced MGA to USD rate on the device and keeps converting with no connection, then updates as soon as you are online again. This website needs a connection, because it fetches the rate when the page loads.
Why does the MGA to USD rate keep changing?
The Malagasy Ariary and the US Dollar are priced against each other continuously on the currency market, and this page follows that market with an hourly refresh. Interest rates, inflation, trade flows and political news all move the pair, which is why the rate you saw in the morning is rarely the rate you see at night.
Convert MGA to USD offline
The Android app keeps the last synced rates on your phone, so MGA to USD still converts with no connection: on a plane, in a metro, or abroad without a data plan. It also converts one source currency into several targets on one screen, charts the history of every pair, and can send you a push notification when MGA/USD crosses a level you set.
Other conversions people make with MGA and USD
The MGA to USD rate on this page is an indicative mid-market rate from ExchangeRate-API, refreshed hourly. It is the rate before any margin is added, so a bank, a bureau de change or a payment provider will quote you less. Nothing on this page is financial advice.