Current rate · Last updated 2026-10-26 08:00
1,000 MGA to USD exchange rate
1 MGA = 0.00021784 USD1 USD = 4,590.54 MGA
Mid-market rate for Malagasy Ariary to US Dollar, refreshed daily. 1,000.00 MGA = 0.22 USD
Multi-amount conversion table
Common amounts converted in one go - handy for quotes, invoices and payment requests.
| MGA | USD | Reverse | Copy |
|---|---|---|---|
| 1.00 | 0.00 | 4,590.54 | |
| 5.00 | 0.00 | 22,952.69 | |
| 10.00 | 0.00 | 45,905.38 | |
| 50.00 | 0.01 | 229,526.91 | |
| 100.00 | 0.02 | 459,053.81 | |
| 500.00 | 0.11 | 2,295,269.05 | |
| 1,000.00 | 0.22 | 4,590,538.10 | |
| 10,000.00 | 2.18 | 45,905,381.00 |
Other amounts 1 MGA 5 MGA 10 MGA 50 MGA 100 MGA 500 MGA 1,000 MGA 10,000 MGA
How the conversion works
Malagasy Ariary (MGA) to US Dollar (USD) uses the mid-market rate: the amount is first normalised to USD and then converted to the target currency, so it excludes any bank spread, handling fee or remittance cost.
Frequently asked questions
How much is 1,000.00 MGA in USD?
At the current mid-market rate, 1,000.00 Malagasy Ariary is about 0.22 US Dollar (1 MGA = 0.00021784 USD). Rates refresh daily, so the final amount depends on your bank or provider.
How often is the MGA to USD rate updated?
We publish a daily snapshot, exactly once a day; the latest timestamp is shown at the top of this page.
Can I use this rate for an actual payment?
Not directly. We show the mid-market rate for reference and estimation only; banks and licensed providers add spreads, handling fees and settlement costs.
Why is the MGA to USD rate different elsewhere?
The data source, sampling time, spread and fees all matter. Cross-border transfers can also incur wire fees, intermediary bank charges and conversion spreads.
Related currency pairs
Popular pairs related to Malagasy Ariary and US Dollar:
Rates are for reference only and do not constitute trading, remittance or investment advice. Actual settlement follows your bank or licensed payment provider.